New Salem Development Pad 1
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New Salem Development Pad 1
8,000 SF 100% Leased Retail Building Salem, UT 84653 $964,160 ($121/SF)
Executive Summary
Pad 1 is a potential Drive Thru site located right off the Benjamin Exit and adjacent to the new Loafer Mountain Parkway.
New Salem, the newest master planned community in Salem, UT, is strategically positioned on the corner of 8000 South (SR164) and the newly completed Loafer Mountain Parkway. The parkway acts as the gateway for Salem, Woodland Hills and Elk Ridge residents to access I-15. New Salem is a large mixed use masterplan with 1,900+ residential units planned commercial, retail and light industrial opportunities. With 20+ acres of prime retail/commercial property, the commercial center offers a variety of lot sizes. Contact us for available pads, lot
purchase options, build-to-suit spaces, and lease opportunities.
• All pads with the exception of 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
New Salem, the newest master planned community in Salem, UT, is strategically positioned on the corner of 8000 South (SR164) and the newly completed Loafer Mountain Parkway. The parkway acts as the gateway for Salem, Woodland Hills and Elk Ridge residents to access I-15. New Salem is a large mixed use masterplan with 1,900+ residential units planned commercial, retail and light industrial opportunities. With 20+ acres of prime retail/commercial property, the commercial center offers a variety of lot sizes. Contact us for available pads, lot
purchase options, build-to-suit spaces, and lease opportunities.
• All pads with the exception of 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 Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Building Size
8,000 SF
Construction Status
Proposed
Price
$964,160
Price Per SF
$121
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.17
Lot Size
1.10 AC
PROPERTY TAXES
| Parcel Number | 25-060-0031 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,247 |
PROPERTY TAXES
Parcel Number
25-060-0031
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,247
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New Salem Development Pad 1
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