For sale MLS# 2174784 · 455 days on the market
$5,052,960
It starts with a call with an agent.
Salem, UT 84653
About this home
Right off the I-15 Benjamin Exit into Salem! This site has frontage on Loafer Mountain Parkway and 17th North which is currently under construction. Traffic Report estimates 29,500 trips per day will be produced from the New Salem Masterplan. A great location for commercial/retail right at the entrance of Salem, Woodland Hills, and Elk Ridge. Just south of New Salem will be the brand new Arrowhead Park, which will host 5 Baseball/Softball diamonds and soccer fields for large sporting events. New Salem, the newest master planned community in Salem, UT, is strategically positioned on the corner of 8000 South (SR-164) and the newly completed Loafer Mountain Parkway. New Salem is a large mixed use masterplan with 1,900+ residential units planned. - All pads, with exception to those sold, can be sized/subdivided to fit. - Buyer will be responsible for all onsite development. - New Salem master plan with development agreement allows for the C1, C2, and C3 commercial zoning to be utilized in our commercial/retail center. - $20/sf for Lot 9 - Seller to deliver super pads to Buyer with perimeter roads installed and utilities stubbed to the lot. - Zoning - New Salem master plan with development agreement allows for the C1, C2, and C3 commercial zoning to be utilized in our commercial/retail center. - Pads are building permit ready!
Written by the listing agent.
The market in Salem today
$5,052,960 is 1504% 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
- $28,001
- Home insurance
- $110
10% down ($505,296), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 5.8 acres
- Subdivision
- NEW SALEM COMMERCIAL
- County
- Utah
- Zoning
- Commercial
- 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 KW Utah Realtors Keller Williams / Boyd B Brown. Based on information from UtahRealEstate.com as of 7/28/2026 4:40 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.