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Property profile & analytics
OFF-MARKET
Auto shops
1549 State St Orem, UT 84057-2539
Entity Owned
12-yr Hold
Free & Clear
Property ID
US86-0381963
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1980
Total area
14,403 SF
Lot
1.42 ac (61,899 SF)
APN
48-155-0003
UPID
US86-0381963
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
-
Beaches Tanning Center Tanning Salon
-
Bobby Lawrence Karate Sports School
-
Studio On State - North Orem Hair Salon
-
Certified Tire & Service (Bike/Boat/Book/etc) Store Auto Parts Store
-
Veldon's Academy Cleaners (Bike/Boat/Book/etc) Store
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
Pigpen Properties LLC · 12 yrs held
Pigpen Properties LLC
since 2013
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
$16,669
Tax year 2023
Assessed value
$2,190,700
Assessed 2023
Previous assessed
$2,190,700
+0.0% YoY
Effective rate
0.76%
On assessed value
Land market value
$849,800
Improvement market value
$1,340,900
Total market value
$2,190,700
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
1980
Heating
SPACE
Stories
1
Total area
14,403 SF
Lot
1.42 ac (61,899 SF)
APN
48-155-0003
UPID
US86-0381963
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
1980
Heating
SPACE
Stories
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Pigpen Properties LLC
Entity
Free & Clear · 12 yrs held
Mailing address
923 E ALPINE DR, ALPINE, UT 84004-1720
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2013
—
Pigpen Properties LLC
Acres Dev Group LLC
Warranty Deed
related
—
Aug 30, 2012
—
Acres Dev Group LLC
Mtb Ents INC
Warranty Deed
$1,275,000 · Wasatch Peaks FCU
Jun 7, 2007
—
Mtb Ents INC
Wr Properties-orem INC
Grant Deed
$1,450,000 · First Community Bank
—
—
Mtb Ents INC
—
Deed Of Trust
related
$7,000,000 · Betty J Bilanzich
—
—
Acres Dev Group LLC
—
Deed Of Trust
related
$1,275,000 · Wasatch Peaks FCU
—
—
W R Properties-orem INC
—
Deed Of Trust
related
$700,000 · Standard Insurance Co
—
—
W R Properties Orem INC
—
Deed Of Trust
related
$750,000 · Standard Insurance Co
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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