• Broker Boyd Brown 8013268886
  • Broker Brooke Moore 8013268886

New Salem Development Pad 1 69,696 SF 100% Leased Retail Building Salem, UT 84653 $1,566,125 ($22.47/SF)

View Photo

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

ATTACHMENTS

New Salem Flyer_5.9.25_No Pricing
New Salem Lot 1 Flyer_5.9.25

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
  • Build to Suit
  • Lease Option
Build to Suit
Property Type
Retail
Property Subtype
  • Restaurant
  • General Retail Convenience Store
  • General Retail Fast Food
  • General Retail Freestanding
Restaurant
Building Size
69,696 SF
Building Class
B
Construction Status
Proposed
Price
$1,566,125
Price Per SF
$22.47
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.12
Lot Size
1.43 AC

LINKS

  • Website

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
West SR 164 S 1600 West St, E 6,038 2025 0.08 mi
West 8000 South S 1600 West St, E 5,995 2023 0.18 mi
W 8000 S S 1800 W, E 5,964 2025 0.18 mi
I- 15 W 8000 S, SW 1,320 2018 0.25 mi
Veterans Memorial Highway Veterans Memorial Highway, SW 71,517 2021 0.31 mi
West SR 164 8000 South, W 5,848 2021 0.33 mi
West 8000 South S 1400 W, E 6,055 2025 0.38 mi
I- 15 S 2200 W, SW 60,972 2025 0.53 mi
Arrowhead Trail Road W 8400 S, NE 1,626 2024 0.85 mi
West Arrowhead Trail W 8400 S, NE 1,631 2025 0.93 mi

PROPERTY TAXES

Parcel Number 25-060-0031 Improvements Assessment $0
Land Assessment $0 Total Assessment $2,247

MAP

ADDITIONAL PHOTOS

View Photo Location
  • Listing ID: 31481624

  • Date on Market: 4/11/2024

  • Last Updated: 5/21/2025

  • Address: New Salem Development Pad 1, Salem, UT 84653

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.