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Property profile & analytics
OFF-MARKET
Auto shops
1047 State St Orem, UT 84057-3198
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US86-0024488
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2006
Total area
13,454 SF
Lot
1.73 ac (75,185 SF)
APN
17-040-0077
UPID
US86-0024488
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Park's Precision Detailing Car Wash
-
Xclusive Detail Car Wash
-
VCL Auto Auto Repair Shop
-
Montana Capital Car Title Loans Loan Service
-
Montana Capital Bad Credit Loans Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Harout Bekearian · 2 yrs held
Harout Bekearian
since 2024
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Orem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,932
Tax year 2023
Assessed value
$3,933,700
Assessed 2023
Previous assessed
$3,933,700
+0.0% YoY
Effective rate
0.76%
On assessed value
Land market value
$1,202,000
Improvement market value
$2,731,700
Total market value
$3,933,700
Applied tax rate
90.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2006
Heating
RADIANT
Buildings
2
Stories
1
Rooms
12
Bathrooms
1
Total area
13,454 SF
Lot
1.73 ac (75,185 SF)
APN
17-040-0077
UPID
US86-0024488
Jurisdiction
UTAH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Heating
RADIANT
Stories
1
Buildings
2
Rooms
12
Bathrooms
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Harout Bekearian
Individual
Mailing address
610 W 920TH N, OREM, UT 84057-3048
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2024
—
Harout Bekearian
Harout Bekearian
Special Warranty Deed
$1,498,410 · Central Bank
Nov 25, 2020
—
Bekearian,h & G Fam Trust
Harout Bekearian
Quit Claim Deed
related
—
Nov 23, 2005
—
Harout Bekearian
Bloomfield D G Fam Trust
Warranty Deed
related
—
—
—
Harout Bekearian
—
Deed Of Trust
related
$1,150,000 · Key Bank & Trust
—
—
Harout Bekearian
—
Deed Of Trust
related
$875,000 · Key Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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