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1261 Utah 198 2.25 Acres of Commercial Land Offered at $1,590,000 in Salem, UT 84653
Investment Highlights
- Commercial zoning but likely approved for residential. Single Family Homes Only.
Executive Summary
Size: 2.25 acres, level topography — minimal site prep
Current zoning: Commercial; rezoning to residential feasible (buyer to verify)
Potential yield: ~9–10 single-family lots (subject to final plat and municipal approval)
Ideal uses: single-family subdivision, for-sale homes, builder model community, or mixed development pending approvals
Strong developer/investor upside with value-add through entitlements and lot development
Buyer to verify utilities, setbacks, infrastructure costs, and municipal rezoning/platting requirements. Contact listing agent for site plans, surveys, due-diligence documents, and to schedule a walk-through or meeting with city planning.
Property Facts
| Price | $1,590,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 2.25 AC |
| Property Type | Land | ||
| Zoning | CR. R1 - Zoning is commercial, light industrial was approved by the city. The city is also very open to re-zoning to residential for single family homes. | ||
| Price | $1,590,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Residence |
| Total Lot Size | 2.25 AC |
| Zoning | CR. R1 - Zoning is commercial, light industrial was approved by the city. The city is also very open to re-zoning to residential for single family homes. |
1 Lot Available
Lot
| Price | $1,590,000 | Lot Size | 2.25 AC |
| Price Per AC | $706,666.67 |
| Price | $1,590,000 |
| Price Per AC | $706,666.67 |
| Lot Size | 2.25 AC |
Rare development parcel: 2.25 acres of fully flat, usable land currently zoned commercial with clear potential to be rezoned to residential for a single-family subdivision. Exceptional site for builders or investors — conceptual layouts indicate the
Description
Rare development parcel: 2.25 acres of fully flat, usable land currently zoned commercial with clear potential to be rezoned to residential for a single-family subdivision. Exceptional site for builders or investors — conceptual layouts indicate the property can accommodate approximately 9–10 single-family homes, maximizing density while preserving livability and curb appeal. Key highlights: Size: 2.25 acres, level topography — minimal site prep Current zoning: Commercial; rezoning to residential feasible (buyer to verify) Potential yield: ~9–10 single-family lots (subject to final plat and municipal approval) Ideal uses: single-family subdivision, for-sale homes, builder model community, or mixed development pending approvals Strong developer/investor upside with value-add through entitlements and lot development Buyer to verify utilities, setbacks, infrastructure costs, and municipal rezoning/platting requirements. Contact listing agent for site plans, surveys, due-diligence documents, and to schedule a walk-through or meeting with city planning.
Property Taxes
| Parcel Number | 65-660-0006 | Improvements Assessment | $0 |
| Land Assessment | $200,100 | Total Assessment | $200,100 |
Property Taxes
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1261 Utah 198
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