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Property profile & analytics
OFF-MARKET
Retail space
1187 1200th W Orem, UT 84057-2841
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US86-0259744
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Total area
23,155 SF
Lot
2.41 ac (104,892 SF)
APN
17-032-0104
UPID
US86-0259744
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
-
It Suits You Clothing & Fashion Store
-
Real Estate Rockit Advertising Agency Marketing & Advertising
-
PLAZA Las Americas Shopping Center & Mall
-
Tacos L bandido Restaurant
-
Toro Taxes Tax Preparation
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
Miller 1200 LLC · 8 yrs held
Miller 1200 LLC
since 2018
7 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
$16,322
Tax year 2023
Assessed value
$2,145,100
Assessed 2023
Previous assessed
$2,145,100
+0.0% YoY
Effective rate
0.76%
On assessed value
Land market value
$1,721,300
Improvement market value
$423,800
Total market value
$2,145,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1969
Heating
SPACE
Cooling
YES
Stories
1
Total area
23,155 SF
Lot
2.41 ac (104,892 SF)
APN
17-032-0104
UPID
US86-0259744
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
1969
Heating
SPACE
Cooling
Yes
Stories
1
Lot
2.41 ac
Current owner
From public records · entity-resolved
Miller 1200 LLC
Entity
Mailing address
1187 N 1200TH W, OREM, UT 84057-2841
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
—
Miller 1200 LLC
—
Deed
related
$2,725,000 · Deseret First Cu
Mar 14, 2018
—
Miller 1200 LLC
24 7 LLC
Warranty Deed
—
Feb 7, 2018
$1,947,822
24 7 LLC
Martin Philip L|12x12nw LLC
Trustees Deed
related
—
Sep 5, 2017
—
Miller 1200 LLC
12x12nw LLC
Warranty Deed
—
Feb 26, 2015
—
12x12nw LLC
Fisher Greg
Warranty Deed
$1,002,747 · Sundance Debt Partners LLC
Oct 21, 2014
—
Greg Fisher
Aspen Ventures LLC
Grant Deed
related
—
—
—
Aspen Ventures LLC
—
Deed Of Trust
related
$70,000 · Veth Javier
—
—
12x12nw LLC
—
Deed Of Trust
related
$446,153 · Sundance Debt Partners LLC
—
—
12x12nw LLC
—
Deed Of Trust
related
$1,225,000 · Private Individual
—
—
12x12nw LLC
—
Deed Of Trust
related
$647,604 · Private Individual
—
—
Aspen Ventures LLC
—
Deed Of Trust
related
$80,000 · Didier Mascarade
—
—
Aspen Ventures LLC
—
Deed Of Trust
related
$50,000 · Veth Javier
—
—
Aspen Ventures LLC
—
Deed Of Trust
related
$80,000 · Jessica Forero
—
—
Aspen Ventures LLC
—
Deed Of Trust
related
$20,000 · Jessica Forero
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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