New Salem Development Pad 1 - Retail FOR SALE


Salem, UT 84653
$964,160 USD
801-326-8886
New Salem Development Pad 1, Salem, UT for Sale
$964,160 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

New Salem Development Pad 1
Salem, UT 84653


OVERVIEW

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

FOR SALE DETAILS

PRICE

$964,160 USD

PRICE/SF

$14 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

25-060-0031

ASK ABOUT THIS PROPERTY

Boyd BrownKeller Williams Salt Lake CityMore Info
801-326-8886

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Boyd BrownKeller Williams Salt Lake CityMore Info
801-326-8886

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