Technical
Financial
Distress signals
Property profile

984 State St Orem, UT 84097

OFF-MARKET
Retail space
Property ID
US86-1367710
793 SF 0.26 ac lot Built 1937
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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 profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1937
Total area 793 SF
Lot 0.26 ac (11,326 SF)
APN 18-046-0014
UPID US86-1367710

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop Farmer's Market

Location

984 State St Orem, UT 84097-7076
Orem metro Census 1108 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$535k

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2021
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 984 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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