SR - 164 & Loafer Mountain Parkway - Commercial LAND FOR SALE


Spanish Fork, UT 84660 332,798 SF
$5,324,774 USD
801-598-5838
SR - 164 & Loafer Mountain Parkway, Spanish Fork, UT for Sale
$5,324,774 USD
Commercial LAND - FOR SALE
1/2
332,798 SF

SR - 164 & Loafer Mountain Parkway
Spanish Fork, UT 84660


HIGHLIGHTS

  • Large Arterial Parkway Frontage - estimated 29,500 trips/day
  • 1900+ Unit Residential Development neighboring the lot
  • 29,500 estimated trips per day from the New Salem Masterplan

OVERVIEW

Right off the I-15 Benjamin Exit into Salem! This site has frontage on 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. - All pads, with exception to 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. - All pads, with exception to those sold, can be sized/subdivided to fit. - $16/sf - 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

$5,324,774 USD

PRICE/ACRE

$696,961/AC

PRICE/SF

$16 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

New Salem - Lot 6-7

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Department Store, Drug Store, Fast Food, Garden Center, Health Club, Storefront, Storefront Retail/Office

LAND ACRES

7.64 AC

LAND SF

332,798 SF

OFFSITE IMPROVEMENTS

-

ZONING

C1, C2, and C3

APN/PARCEL ID

25-060-0057,25-060-0061

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.