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Property profile & analytics
FOR SALE
Grocery and convenience stores
1320 S State St, Orem, UT 84058
Entity Owned
Free & Clear
Property ID
US86-0263486
For Sale
1 / 3
$5,777,778
1320 S State St, Orem, UT 84058
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1989
Total area
1,285 SF
Lot
0.58 ac (25,352 SF)
APN
19-018-0025
UPID
US86-0263486
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
-
ATM (Sunmart) Atm
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
Ptlut Boa LLC
Ptlut Boa LLC
since 2026
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
$12,018
Tax year 2023
Assessed value
$1,581,500
Assessed 2024
Previous assessed
$1,579,400
+0.1% YoY
Effective rate
0.76%
On assessed value
Land market value
$1,397,800
Improvement market value
$183,700
Total market value
$1,581,500
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
For Sale
Year built
1989
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
1,285 SF
Lot
0.58 ac (25,352 SF)
APN
19-018-0025
UPID
US86-0263486
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
1989
Heating
YES
Cooling
Yes
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Ptlut Boa LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8214 WESTCHESTER DR STE #550, DALLAS, TX 75225-6137
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2026
—
Ptlut Boa LLC
5130 Market LLC
Deed
—
Jan 23, 2026
—
Ptlut Boa LLC
5130 Market LLC
Special Warranty Deed
—
May 6, 2024
—
Knb Investments LLC
The Busy Corner INC
Warranty Deed
—
Oct 7, 2022
—
5130 Market LLC
Sun Development LP
Special Warranty Deed
$750,000 · The American National Bank Of Texas
May 14, 2020
—
Sun Dev LP
—
Deed
related
$135,000,000 · Regions Bk
Apr 9, 2020
—
Busy Corner INC
Lunt Kathryn R Trust
Warranty Deed
related
—
Sep 6, 2018
—
Utah Dept Of Transportation
Sun Dev LP
Warranty Deed
related
—
Nov 5, 2010
—
Sun Dev LP
—
Grant Deed
related
$14,000,000 · Green Bk
—
—
Sun Dev LP
—
Deed Of Trust
related
$5,499,129 · Green Bk
—
—
Petroleum Wholesale LP
—
Loan Modification
related
$8,261,878 · Green Bk
—
—
Sun Dev LP
—
Deed Of Trust
related
—
—
—
Sun Dev LP
—
Loan Modification
related
$135,000,000 · Regions Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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