1797 State St, Orem, UT 84097
Retail storefront with warehouse space and fenced yard.
- Added:
- Nov 5, 2025
- Days on Market:
- 234
- Last Refresh:
- Mar 16 at 1:27 pm
Property Features for 1797 State St
General Information
- Standard status
- Active
- Size
- 8,781 SF
- Property subtype
- Industrial, Retail
Building Details
- Year Built
- 1967
Listing office Real Estate Essentials Commercial
Listing date Nov 5, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Essentials Commercial
HighLights
- Prime location on State Street in Orem
- Retail storefront with warehouse/workshop space
- Less than 10 minutes from I‑15
- Seller Finance available with sufficient down payment
- Small fenced yard
- Built in 1967
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $219.2k | $24.96 |
| − Vacancy | −$9.2k | −$1.05 |
| EGI | $210.0k | $23.91 |
| − OpEx | −$63.0k | −$7.17 |
| NOI | $147.0k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orem
- County
- Utah
- State
- Utah
- Longitude
- -111.6792971
- Latitude
- 40.2644055
