Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    984 State St Orem, UT 84097

    Sponsored
    For Sale
    $1,100,000

    High-traffic corner lot, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, situated on a sizable 0.26-acre corner lot in the thriving city of Orem, Utah, presents a remarkable investment opportunity. Its prime location ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The property is currently configured for retail and/or office use, offering significant potential for a wide range of businesses. The expansive corner lot provides ample space for parking, outdoor displays, or future expansion. This property is perfectly positioned to capitalize on the robust economic activity and high foot traffic characteristic of this desirable Orem location. The asking price is $1,100,000. While the exact square footage is not currently available, interested parties are encouraged to conduct their own due diligence to verify all property details. This is a rare opportunity to acquire a well-situated commercial property in a highly sought-after area. Don't miss out on this chance to secure a valuable asset in a dynamic market. Serious inquiries only. All information should be independently verified.

    Property Features for 984 State St

    General Information

    Property type
    Retail properties
    Lot Size
    11,326 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    The Barn - Wall Brothers Farmers' Market

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.6876
    Latitude
    40.27891

    Nearby Similar for Sale

    • $5,995,000
      24,840 SF

      Orem Multifamily Townhomes Near Universities

      Twelve fully leased townhomes near UVU and BYU.
      1901 S 1030 W, Orem, UT 84058
      View Details
    • $570,000
      0.98 Acres

      Orem Medical Office Space

      Prime medical office space near two hospitals in Orem.
      421 N Orem Blvd, Orem, UT 84057
      View Details
    • $1,150,000
      0.01 Acres

      Established Retail Business Opportunity

      Turn-key appliance business with two locations for sale.
      244 N State St E, Orem, UT 84057
      View Details
    • $1,150,000
      4,158 SF

      Orem Fourplex with Recent Upgrades

      Updated fourplex in Orem, fully leased, strong rental performance.
      232 N 250 E, Orem, UT 84057
      View Details
    • $749,900
      0.19 Acres

      Remodeled Commercial Building in Orem

      Remodeled commercial building with high visibility and quick freeway access.
      835 W 400 N, Orem, UT 84057
      View Details
    • $2,100,000
      0.42 Acres

      Orem Commercial Building For Sale

      Commercial building with retail, office, and warehouse space in Orem.
      1797 S State St, Orem, UT 84097
      View Details
    • $1,399,999
      4,152 SF

      Remodeled Fourplex Near University Place

      Turnkey Orem fourplex with modern upgrades and strong rental income.
      1531 S 450 E, Orem, UT 84058
      View Details
    • $489,000
      2,375 SF

      Golf Course View Townhome

      Move-in ready townhome with golf course frontage and income potential.
      899 S 2040 W, Orem, UT 84058
      View Details
    • Contact for pricing
      24,606 SF

      Canyon Park Tech Center Office

      Office space for sale in Canyon Park Tech Center.
      500 Timpanogos Pkwy, Orem, UT 84097
      View Details
    • $389,900
      2,160 SF

      Charming Rambler-Style Townhome with Views

      Orem townhome with full basement, private patio, and mountain views.
      337 Birchwood Dr, Orem, UT 84057
      View Details
    • $568,900
      3,432 SF

      Move-in Ready Home with Updates

      Updated home in quiet neighborhood, close to amenities and park.
      145 N 240 E, Orem, UT 84057
      View Details
    • $2,400,000
      8,469 SF

      Orem Industrial Building For Sale

      8,469 SF industrial building with flexible leasing options.
      1418 W Center St, Orem, UT 84057
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic corner lot, prime location.
    Where is this retail property located?
    The property is located at 984 State St Orem, UT.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (801) 763-7343
    Request Owner's contact information
    984 State St Orem, UT 84097
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    984 State St
    Orem, UT 84097
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    984 State St Orem, UT 84097
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.