Loafer Mountain Parkway SR-164 - Lot 11 @ SR-164 - Commercial LAND FOR SALE


Spanish Fork, UT 84660 131,116 SF
$2,622,312 USD
801-598-5838
Loafer Mountain Parkway SR-164 - Lot 11 @ SR-164, Spanish Fork, UT for Sale
$2,622,312 USD
Commercial LAND - FOR SALE
1/2
131,116 SF

Loafer Mountain Parkway SR-164 - Lot 11 @ SR-164
Spanish Fork, UT 84660


HIGHLIGHTS

  • Large Arterial Parkway frontage
  • 1900+ Unit residential development neighboring the lot.
  • 29,500 estimated trips per day produced from New Salem

OVERVIEW

Right off the I-15 Benjamin Exit into Salem! This site has frontage on a main arterial road, Loafer Mountain Parkway, and 17th North which is currently under construction. Traffic Report estimates 29,500 trips per day will be produced from the New Salem Masterplan. A great location for commercial/retail right at the entrance of Salem, Woodland Hills, and Elk Ridge. Just south of New Salem will be the brand new Arrowhead Park, which will host 5 Baseball/Softball diamonds and soccer fields for large sporting events. 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. New Salem is a large mixed use masterplan with 1,900+ residential units planned. Lot 9 can be included, if buyer requests, totaling 6 acres +/-. - All pads, with exception to those sold, can be sized/subdivided to fit. - Lot 11 can include lot 9 for an additional 3 acres +/- if needed. - 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.

FOR SALE DETAILS

PRICE

$2,622,312 USD

PRICE/ACRE

$871,197/AC

PRICE/SF

$20 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

New Salem - Lot 11

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Drug Store, Garden Center, Health Care, Health Club, Loft/Creative Space, Restaurant, Retail Warehouse, Storefront, Storefront Retail/Office

LAND ACRES

3.01 AC

LAND SF

131,116 SF

OFFSITE IMPROVEMENTS

-

ZONING

C1, C2, and C3

APN/PARCEL ID

25-060-0061

ASK ABOUT THIS PROPERTY

Boyd BrownKeller Williams Salt Lake CityMore Info
801-598-5838

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Boyd BrownKeller Williams Salt Lake CityMore Info
801-598-5838

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.