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    Property profile & analytics

    1066 State Rd 198 Salem, UT 84653-9350

    • Retail space
    • 2,612 SF
    • 1.11 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 15, 2025
    Location Intelligence
    Property ID
    US86-0303669
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1066 State Rd 198

    Year built
    2002
    Lot size
    1.11 lot acres
    Property size
    2,612 SF
    Property type
    Retail space
    APN
    41-174-0041
    APU
    411740041

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Utah
    State
    Utah
    Longitude
    -111.663
    Latitude
    40.0703
    CBSA code
    39340
    CBSA name
    PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,028
    $0.00
    $0.00
    $714,000
    -
    $261,400
    $452,600
    $714,000

    Comparable in this City

    • Value Estimation by Request
      11,886 SF

      131 Main St

      RETAIL STORES (PERSONAL SERVICES) • 11,886 SF
      131 Main St, Salem, UT 84653-9561
      View Details
    • Value Estimation by Request
      11,886 SF

      131 Main St

      RETAIL STORES (PERSONAL SERVICES) • 11,886 SF
      131 Main St, Salem, UT 84653-9561
      View Details
    • Value Estimation by Request
      42,330 SF

      795 State Rd 198

      RETAIL STORES (PERSONAL SERVICES) • 42,330 SF
      795 State Rd 198, Salem, UT 84653-5665
      View Details
    • Value Estimation by Request
      5,030 SF

      121 400th N

      RETAIL STORES (PERSONAL SERVICES) • 5,030 SF
      121 400th N, Salem, UT 84653-9367
      View Details
    • Value Estimation by Request
      4,597 SF

      78 State Rd 198

      CONVENIENCE STORE • 4,597 SF
      78 State Rd 198, Salem, UT 84653-4800
      View Details
    • Value Estimation by Request
      4,597 SF

      84 State Rd 198

      CONVENIENCE STORE • 4,597 SF
      84 State Rd 198, Salem, UT 84653
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $20 SF/Yr
      92,323 SF

      Pharmacy and Retail Space Available

      Second generation pharmacy and shell space in growing Utah County.
      555 W State Rd, Salem, UT 84653
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    • Contact for pricing
      2,100 SF

      Salem Retail Pad - Prime Location

      Grocery-anchored retail space available.
      870 Sr 198, Salem, UT 84653
      View Details
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    Salem, UT 84653-9350
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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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