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    244 State St Orem, UT 84057

    • Retail properties
    • 0.01 lot acres
    For Sale
    View listing
    $1,150,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • The Appliance Outlet - Orem / Appliance Store
    • Life Is Good When You Dont Pay Retail / Store

    Property Details for 244 State St

    Lot size
    0.01 lot acres
    Property type
    Retail properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.697
    Latitude
    40.3013

    Comparable in this City

    • Value Estimation by Request
      13,840 SF

      631 1200

      Distribution properties • 13,840 SF
      631 1200, Orem, UT 84057
      View Details
    • Value Estimation by Request

      400 Geneva Rd

      Land
      400 Geneva Rd, Vineyard, UT 84057
      View Details
    • Value Estimation by Request
      100,000 SF

      800 Geneva Rd

      Individual retail properties • 100,000 SF
      800 Geneva Rd, Orem, UT 84057
      View Details
    • Value Estimation by Request
      18,045 SF

      149b State St

      Individual retail properties • 18,045 SF
      149b State St, Orem, UT 84057
      View Details
    • Value Estimation by Request
      0.27 Acres

      265 Center St

      Retail properties • 0.27 Acres
      265 Center St, Orem, UT 84057
      View Details
    • Value Estimation by Request
      5,279 SF

      1345 State St

      Office Properties & Spaces • 5,279 SF
      1345 State St, Orem, UT 84057
      View Details

    Similar Nearby for Sale

    • $1,150,000
      0.01 Acres

      244 State St, Orem, UT 84057

      Retail properties • 0.01 Acres
      244 State St, Orem, UT 84057
      View Details
    • $749,000
      0.19 Acres

      Orem Industrial Property - $749K

      1,075 sq ft, high-visibility Orem investment.
      835 400, 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
    • $2,400,000

      Salon Investment Opportunity

      Multi-tenant salon co-op on Center Street with strong demographics.
      265 W Center St, 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
    • New
      $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

    Similar Nearby for Lease

    • Contact for pricing
      1,300 SF

      Retail Space in Smith's Center

      Retail spaces available in Smith's anchored shopping center.
      45 S State St, Orem, UT 84057
      View Details
    • Contact for pricing
      18,045 SF

      Retail Space in High-Traffic Center

      Retail space in Orem, Utah, with high traffic volume.
      40-64 W Center St, Orem, UT 84057
      View Details
    • $27 SF/Yr
      2,884 SF

      Orem Retail Space Available

      Retail space available for rent in Orem starting July 1, 2024.
      130 S State St, Orem, UT 84057
      View Details
    • Contact for pricing
      100,000 SF

      The Forge at Geneva: Retail Spaces

      Prime Utah County Retail, Multiple Options Available
      800 Geneva Rd, Orem, UT 84057
      View Details
    • $16 SF/Yr
      1,200 SF

      Retail/Office Space on State Street

      1,200 SF retail/office space for lease on State Street.
      1591 S State St, Orem, UT 84057
      View Details
    • $26 SF/Yr
      1,281 SF

      Retail Space on State Street

      Retail space available in Orem on State Street.
      1405-1431 S State St, Orem, UT 84057
      View Details
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    244 State St
    Orem, UT 84057
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    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
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