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Salem, UT Office Spaces for Sale

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Spanish Fork, UT Woodland Hills, UT Payson, UT Elk Ridge, UT Santaquin, UT Benjamin, UT Mapleton, UT Springville, UT
Retail Suite with Spa Rooms
Updated: Jun 23
Retail Suite with Spa Rooms

109-523 N State Road 198, Salem, UT 84653

$1,425,000
7,309 sqft
7309 Sq ft main‑floor suite
Located in South Valley Plaza on SR 198
Multiple access points serve the property
Existing spa rooms and additional office spaces
Extra‑large event or training room
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Prime Commercial Land Opportunity
Updated: Feb 2
Prime Commercial Land Opportunity

Loafer Mountain Pkwy and SR 164, Salem, UT 84660

Contact for pricing
3.00 AC lot
High Traffic Location: Located off I‑15 at the Benjamin Exit with frontage on Loafer Mountain Parkway and 17th North.
Commercial/Retail Zoning: Zoned for C1, C2, and C3 commercial uses.
Master‑Planned Community: Part of the New Salem master‑planned community with 1,900+ residential units planned.
Utilities and Infrastructure: Seller to deliver super pads with perimeter roads installed and utilities stubbed to the lot.
Proximity to Arrowhead Park: Located just south of the brand new Arrowhead Park.
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Office and Retail Plaza Units
Office and Retail Plaza Units

591 S State Rd, Salem, UT 84653

Contact for pricing

South Valley Plaza offers remaining office, retail, warehouse, and one medical office spaces under one tax ID.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Office Condominium Units
Office Condominium Units

8000 S Loafer Mountain Parkway, Salem, UT 84660

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Office condominium space positioned just off I-15 in Salem.

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Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 4 Active listings in Salem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Mixed-Use Property For Sale
Renovated Mixed-Use Property For Sale

72 N MAIN ST, Spanish Fork, UT 84660

$3,000,000
11,280 sqft

Recently renovated mixed-use property suitable for retail or office use.

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Historic Multi-Unit Office Building
Historic Multi-Unit Office Building

87 E Center St, Spanish Fork, UT 84660

$825,000

Historic multi-unit office building with common restrooms and parking for clients and employees.

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Medical Office Building with Exam Rooms
Medical Office Building with Exam Rooms

2-97 Professional Way, Payson, UT 84651

$1,450,000

Purpose-built medical office facility with a substantial clinical layout beside Mountain View Hospital.

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Flex Space with Warehouse
Flex Space with Warehouse

954 E 100 N, Payson, UT 84651

$525,000

Versatile commercial layout includes offices, breakroom areas, and dedicated storage space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Corner Lot
Commercial Corner Lot

450 S 100 W St, Payson, UT 84651

$549,900
0.91 AC lot

Commercially zoned corner parcel with sewer, water, and natural gas availability nearby.

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56.63 Acres in Utah County
56.63 Acres in Utah County

1010 S 300 W, Santaquin, UT 84655

Contact for pricing
56.63 AC lot

Large land parcels in a high-demand Utah region.

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Commercial Land with Highway Exposure
Commercial Land with Highway Exposure

525 N SR-198, Santaquin, UT 84655

$740,000
1.58 AC lot

Raw commercial parcel with frontage along SR-198 and natural gas availability for retail, office, or service uses.

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Commercial Lot with Frontage
Commercial Lot with Frontage

217 W MAIN St, American Fork, UT 84003

$265,000
0.19 AC lot

Main Street parcel with nearby utilities and potential for coffee, office, or light automotive service uses.

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Off-Market Properties in Salem, UT

Consider similar Off-Market properties in Salem, UT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

551 State Rd 198
OFFICE BUILDING

551 State Rd 198, Salem, UT 84653-6201

$475,000
Estimated value
2,266 sqft 0.29 AC lot
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305 State Rd 198
OFFICE BUILDING

305 State Rd 198, Salem, UT 84653-5618

$695,000
Estimated value
16,522 sqft 1.01 AC lot
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90 300th W
OFFICE BUILDING

90 300th W, Salem, UT 84653

Value Estimation by Request
939 sqft 0.50 AC lot
View details
251 State Rd 198
OFFICE BUILDING

251 State Rd 198, Salem, UT 84653-5608

$580,000
Estimated value
3,088 sqft 0.69 AC lot
View details
576 State Rd 198
OFFICE BUILDING

576 State Rd 198, Salem, UT 84653-5624

$560,000
Estimated value
8,024 sqft 0.67 AC lot
View details
591 State Rd 198th, Unit 104
OFFICE BUILDING

591 State Rd 198th, Salem, UT 84653-5837

Unit 104
Value Estimation by Request
684 sqft 0.02 AC lot
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583 State Rd 198
OFFICE BUILDING

583 State Rd 198, Salem, UT 84653-5673

$380,000
Estimated value
2,595 sqft 0.06 AC lot
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585 State Rd 198
OFFICE BUILDING

585 State Rd 198, Salem, UT 84653-5668

$435,000
Estimated value
5,882 sqft 0.14 AC lot
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523 State Rd 198
OFFICE BUILDING

523 State Rd 198, Salem, UT 84653-5670

$530,000
Estimated value
7,309 sqft 0.17 AC lot
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525 State Rd 198
OFFICE BUILDING

525 State Rd 198, Salem, UT 84653

$560,000
Estimated value
7,546 sqft 0.18 AC lot
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850 State Rd 198
OFFICE BUILDING

850 State Rd 198, Salem, UT 84653-4801

Value Estimation by Request
756 sqft 0.23 AC lot
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95 Main St
OFFICE BUILDING

95 Main St, Salem, UT 84653-9601

Value Estimation by Request
1,248 sqft 0.34 AC lot
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609 State Rd 198
OFFICE BUILDING

609 State Rd 198, Salem, UT 84653-4504

Value Estimation by Request
13,371 sqft 0.31 AC lot
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192 State Rd 198
OFFICE BUILDING

192 State Rd 198, Salem, UT 84653

Value Estimation by Request
21,396 sqft 1.68 AC lot
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239 100th E
MEDICAL BUILDING

239 100th E, Salem, UT 84653-9392

Value Estimation by Request
6,868 sqft 0.35 AC lot
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310 100th E
OFFICE BUILDING

310 100th E, Salem, UT 84653-9186

Value Estimation by Request
9,188 sqft 4.18 AC lot
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225 Hwy 91
DENTAL BUILDING

225 Hwy 91, Salem, UT 84653

$495,000
Estimated value
2,399 sqft 0.23 AC lot
View details
375 10480
OFFICE (GENERAL)

375 10480, Salem, UT 84653

$445,000
Estimated value
3,764 sqft 7.01 AC lot
View details
204 400th N
OFFICE BUILDING

204 400th N, Salem, UT 84653-9320

$595,000
Estimated value
5,454 sqft 0.51 AC lot
View details
230 Ctr St
OFFICE BUILDING

230 Ctr St, Salem, UT 84653

Value Estimation by Request
1,111 sqft 0.05 AC lot
View details

Salem, UT Office Spaces Market Trends and Statistics

Explore 29 office spaces for sale in Salem, UT, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,309 square feet of properties for sale, with an estimated market value of $1,425,000.

Sale prices for office spaces in Salem, UT average $1,425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 4
Medical Office Space 2

Demographics Overview

Population 12K
Population Growth (5Y) +26.9%
Median Household Income $111,420
College Educated 53.8%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
84653 $1.4M

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $13.38 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Utah County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Utah County

Residential Income

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