For sale MLS# 2171972 · 103 days on the market
$3,093,000
It starts with a call with an agent.
770 W Sr 164 Hwy, Salem, UT 84653
About this home
Prime commercial opportunity in a highly visible and rapidly growing area! This 4+ acre vacant commercial parcel is ideally located just off the 8000 South Salem/Benjamin Exit, offering exceptional accessibility and convenience. With easy access from 8000 South through the Revere Health parking lot, this property is perfectly positioned for a wide range of commercial or professional development opportunities. Surrounded by established businesses, medical offices, and continued growth, this prime location provides excellent exposure and strong traffic counts. Whether you're looking to develop retail, office, medical, or another commercial venture, this property offers the space, location, and accessibility to bring your vision to life. Don't miss this rare opportunity to invest in one of the area's most desirable commercial corridors! Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement. UPCOMING DEVELOPMENT SLATED AS "SALEM CENTRAL" JUST DOWN THE STREET ON LOAFER MT RD. Harmons Grocery will serve as the anchor commercial tenant for Salem Central, a transformative 111-acre mixed-use community planned in the heart of Salem. Harmons Grocery expressed enthusiasm about becoming part of the Salem community and participating in the project's long-term vision. Salem Central is strategically located near SR-198 and is designed to complement Salem's character while supporting responsible growth through a balanced mix of residential and commercial uses. The project will include pedestrian connectivity, recreational amenities, and open spaces intended to foster a strong sense of community. just announced they will be the Anchor store Community focused amenities, carefully integrated commercial district, trails and open space along with diverse housing options.
Written by the listing agent.
Location
The market in Salem today
$3,093,000 is 882% above the median asking price in Salem.
33% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Salem
Salem is a city in Utah County, part of the Provo–Orem metropolitan area, first settled in 1851 and originally known as Pond Town.
- 9,298 residents (2020)
- 6 named parks
Monthly payment
- Principal & interest
- $17,140
- Home insurance
- $110
10% down ($309,300), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 4.06 acres
- Sewer
- Sewer: Public
- County
- Utah
- Faces
- North
- Zoning
- Commercial
- Terms
- Cash, Conventional, Exchange
- View: Mountain
- Terrain: Flat
- Sewer: Public
- Gas: Stubbed
- Power: Stubbed
- Sewer: Stubbed
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Nebo
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Listing courtesy of Unity Group Real Estate LLC / Ranee M Curtis. Based on information from UtahRealEstate.com as of 8/12/2026 12:16 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy.