For Sale
$1,503,300

1950 Loafer MtnSalem, UT 84653

I-15 Corridor Development Opportunity

Overview

Added:
Feb 3
Days on market:
62
This exceptional 2.3-acre lot presents a unique investment opportunity within a rapidly developing commercial area along the I-15 corridor in Salem, Utah. Situated at one of the last undeveloped exits, this property is part of a larger 17-acre commercial retail project at the first full-light intersection east of the freeway. The site benefits from excellent visibility and accessibility, enhanced by the recently opened Loafer Mountain Parkway, a major artery connecting this location to Salem City, Woodland Hills, Payson, and Elk Ridge. This specific lot, designated as Lot 10, is ideally suited for hotel development, capitalizing on the high growth potential of this strategic location. The property's position within a planned commercial development ensures a synergistic environment, attracting significant foot traffic and enhancing the overall value proposition. This is a rare chance to secure a prime location in a thriving area experiencing substantial population growth and economic expansion. Further details on available pads within this exciting project can be found at www.NewSalemUT.com. The asking price for this exceptional hotel pad site is $1,503,300. Don't miss this chance to be part of a dynamic and rapidly expanding commercial hub in Utah County.

Property Details for 1950 Loafer Mtn

Property type
Lot Size (sq. ft)
100,188 SF

Location Insight

City
Salem
County
Utah
State
Utah
Latitude
40.06178
Longitude
-111.687
1950 Loafer Mtn, Salem, Utah

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1950 Loafer Mtn
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