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Salem, UT 84653

Neighborhood: NEW SALEM

$1,566,125

MLS #2101305

Lot
1.43 ac
Has view

About this lot

Full description

Right off the I-15 Benjamin Exit into Salem! This site has frontage on a SR-164, 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. - Seller to deliver super pads to Buyer with perimeter roads installed and utilities stubbed to the lot. - Buyer will be responsible for all onsite development. - 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.

Property highlights

  • Traffic Report estimates 29,500 trips per day will be produced from the New Salem Masterplan. .
  • 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. - Seller to deliver super pads to Buyer with perimeter roads installed and utilities stubbed to the lot. - Buyer will be responsible for all onsite development. - 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. .
  • A great location for commercial/retail right at the entrance of Salem, Woodland Hills, and Elk Ridge. .
  • Luxury property with premium finishes and exceptional attention to detail.

Property details

Property Type
Land
Status
Active
Days on Market
172
Stories
0
Lot Size
1.43 acres
Parking Total
0.00
County
Utah
City
Salem
Subdivision
NEW SALEM
Zoning
Commercial
HOA Fee
$1.00/mo
MLS Area
Payson; Elk Rg; Salem; Wdhil
Listed By
KW Utah Realtors Keller Williams

Garage & parking

Parking total
0.00
Covered spaces
0.00

Land description

  • Additional Land Available

Utilities

  • Natural Gas Available
  • Electricity Available
  • Sewer Available
  • Gas: Stubbed

Additional features

Sewer
  • Sewer: Available

Schools

Elementary
Salem
Nebo
Middle/Jr
Salem Jr
Nebo
High
Salem Hills
Nebo

Neighborhood

Located in NEW SALEM, Salem.

Walk · Transit · Bike

Walk Score

Most errands require a car. Minimal public transit available. It's convenient to use a bike for a few trips.

Price History

7/28/2025
$1,566,125
Listed
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Location

Salem, UT · approximate location

Listed by: Boyd B Brown · KW Utah Realtors Keller Williams. 801-858-0000.

Source: UtahRealEstate.com. Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.

Based on information from UtahRealEstate.com as of May 23, 2026. 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.

Salem market context

How this property sits against recent sales in the area.

This listing: $1,566,125 — 381.9% above the median sale price.

Salem market — Land

What homes are doing.

Latest data through April 2026.

Full report

Median sale price

$325,000

+22.4% year over year

Median days on market

409

+1 days year over year

Sale-to-list ratio

92.9%

-6.14pp year over year

Homes sold last month

1

-3 year over year

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