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New Salem Development Pad 14

2.3 Acres of Commercial Land Offered at $1,503,300 in Salem, UT 84653

Executive Summary

Pad 10 site located right off the Benjamin Exit and adjacent to the new Loafer Mountain Parkway and part of the New Salem Commercial area. 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. 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
. Other pads available for sale as well. See Flyer for more details.

Property Facts

Price $1,503,300
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Hotel
Total Lot Size 2.30 AC
Construction Status Proposed

1 Lot Available

Lot 10

Price $1,503,300
Price Per AC $653,609
Lot Size 2.30 AC

Pad 10 is a 100,220 sqft that has potential for many commercial uses. Salem City will allow C-1, C-2 or C-3 zoning.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-060-0038
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,096,500
  • Listing ID: 31481685

  • Date on Market: 4/11/2024

  • Last Updated:

  • Address: New Salem Development Pad 14, Salem, UT 84653

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