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    Salem, UT
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    Salem, UT Retail Properties & Spaces for Sale

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    Elk Ridge, UT Santaquin, UT Payson, UT Spanish Fork, UT Woodland Hills, UT Palmyra, UT Benjamin, UT Mapleton, UT
    Car Wash Anchored Retail Site
    Updated: Jun 18
    Car Wash Anchored Retail Site

    987 N State Rd 198, Salem, UT 84653

    Contact for pricing
    1.50 AC lot
    Car wash anchored retail site in Salem, UT
    Located on the main highway for visibility to passing traffic
    Near a local grocery
    Adjacent to or near nearby housing development
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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 36 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.

    Retail and Rear Warehouse Space
    Retail and Rear Warehouse Space

    244 N Main St, Spanish Fork, UT 84660

    Contact for pricing
    6,801 sqft

    Two-level main-floor retail space includes a rear warehouse for shipping and receiving, with onsite parking.

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

    72 N MAIN ST, Spanish Fork, UT 84660

    Contact for pricing
    11,280 sqft

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

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    Springville Retail Property For Sale
    Springville Retail Property For Sale

    665 E 400 S, Springville, UT

    Contact for pricing
    5,141 sqft 1.07 AC lot

    Retail property built in 2008, located in Springville, Utah.

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    Absolute Net Retail Lease Property
    Absolute Net Retail Lease Property

    420 S Main St, Springville, UT 84663

    Contact for pricing

    For sale featuring a 25-year absolute net lease with renewal options and minimal landlord responsibilities.

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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.

    Palmyra Commercial Land For Lease
    Palmyra Commercial Land For Lease

    851 W 6400 S, Palmyra, UT 84660

    Contact for pricing
    5.89 AC lot

    Spacious, partially fenced lot for commercial vehicle and equipment storage.

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    Payson Commercial Corner Lot
    Payson Commercial Corner Lot

    450 S 100 W St, Payson, UT 84651

    $549,900
    0.91 AC lot

    Prime commercial lot with high traffic count in Payson.

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    Commercial Land Near I-15
    Commercial Land Near I-15

    1235 W 940 S, Payson, UT 84651

    $796,625
    1.02 AC lot

    Commercial pad site with utilities, near I-15 and businesses.

    View details
    Provo Land Parcel For Sale
    Provo Land Parcel For Sale

    1025 W LAKEVIEW PKWY S, Provo, UT 84601

    $3,920,400

    Land parcel available in Provo, Utah County.

    View details

    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.

    987 State Rd 198
    CAR WASH - AUTOMATED

    987 State Rd 198, Salem, UT 84653-4505

    Value Estimation by Request
    5,885 sqft 3.05 AC lot
    View details
    682 State Rd 198
    GYM, HEALTH SPA

    682 State Rd 198, Salem, UT 84653-4508

    Value Estimation by Request
    1,477 sqft 0.54 AC lot
    View details
    1066 State Rd 198
    RETAIL STORES (PERSONAL SERVICES)

    1066 State Rd 198, Salem, UT 84653-9350

    Value Estimation by Request
    2,612 sqft 1.11 AC lot
    View details
    575 State Rd 198
    SHOPPING CENTER, STRIP CENTER

    575 State Rd 198, Salem, UT 84653-5671

    Value Estimation by Request
    10,639 sqft 0.25 AC lot
    View details
    15 200th N
    FINANCIAL BUILDING

    15 200th N, Salem, UT 84653-8404

    Value Estimation by Request
    1,690 sqft 0.16 AC lot
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    597 State Rd 198
    SHOPPING CENTER, STRIP CENTER

    597 State Rd 198, Salem, UT 84653-5668

    Value Estimation by Request
    1,966 sqft 0.05 AC lot
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    601 State Rd 198
    SHOPPING CENTER, STRIP CENTER

    601 State Rd 198, Salem, UT 84653-4504

    Value Estimation by Request
    3,951 sqft 0.09 AC lot
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    130 Main St
    AUTO REPAIR, GARAGE

    130 Main St, Salem, UT 84653-5698

    Value Estimation by Request
    1,871 sqft 0.38 AC lot
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    591 State Rd 198
    SHOPPING CENTER, STRIP CENTER

    591 State Rd 198, Salem, UT 84653-5668

    Value Estimation by Request
    684 sqft 0.02 AC lot
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    532 State Rd 198
    CAR WASH - SELF-SERVE

    532 State Rd 198, Salem, UT 84653-5622

    Value Estimation by Request
    2,832 sqft 0.41 AC lot
    View details
    543 State Rd 198
    SHOPPING CENTER, STRIP CENTER

    543 State Rd 198, Salem, UT 84653-6201

    Value Estimation by Request
    1,594 sqft 0.03 AC lot
    View details
    640 State Rd
    SHOPPING CENTER, STRIP CENTER

    640 State Rd, Salem, UT 84653

    Value Estimation by Request
    3,215 sqft 0.63 AC lot
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    390 State Rd 198
    DRIVE-THRU RESTAURANT, FAST FOOD

    390 State Rd 198, Salem, UT 84653-6200

    Value Estimation by Request
    4,067 sqft 0.91 AC lot
    View details
    567 State Rd 198
    SHOPPING CENTER, STRIP CENTER

    567 State Rd 198, Salem, UT 84653-5668

    Value Estimation by Request
    1,696 sqft 0.04 AC lot
    View details
    1009 State Rd 198
    AUTO REPAIR, GARAGE

    1009 State Rd 198, Salem, UT 84653-9350

    Value Estimation by Request
    5,050 sqft 2.04 AC lot
    View details
    195 State Rd 198
    DRIVE-THRU RESTAURANT, FAST FOOD

    195 State Rd 198, Salem, UT 84653-4512

    Value Estimation by Request
    2,125 sqft 0.39 AC lot
    View details
    100 State Rd 198
    FINANCIAL BUILDING

    100 State Rd 198, Salem, UT 84653

    Value Estimation by Request
    2,336 sqft 0.36 AC lot
    View details
    326 State Rd 198
    WHOLESALE OUTLET, DISCOUNT STORE

    326 State Rd 198, Salem, UT 84653-5620

    Value Estimation by Request
    21,841 sqft 2.39 AC lot
    View details
    78 State Rd 198
    CONVENIENCE STORE

    78 State Rd 198, Salem, UT 84653-4800

    Value Estimation by Request
    4,597 sqft 0.30 AC lot
    View details
    84 State Rd 198
    CONVENIENCE STORE

    84 State Rd 198, Salem, UT 84653

    Value Estimation by Request
    4,597 sqft 0.33 AC lot
    View details
    Salem, UT 84653
    CONVENIENCE STORE

    Salem, UT 84653

    Value Estimation by Request
    4,597 sqft 0.58 AC lot
    View details
    648 State Rd 198
    AUTO REPAIR, GARAGE

    648 State Rd 198, Salem, UT 84653-5688

    Value Estimation by Request
    9,805 sqft 1.25 AC lot
    View details

    Salem, UT Retail Properties & Spaces Market Trends and Statistics

    Explore 38 retail properties & spaces for sale in Salem, UT on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drug stores 2
    Automotive properties 1
    Car washes 1

    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
    Salem $1.3M
    Spanish Fork $2.6M

    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)

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    Most Searched ZIP Codes in Salem, UT

    • 84653
    • 84660

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