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    Property profile & analytics

    1655 State St Orem, UT 84097-8006

    • Retail space
    • 11,857 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 27, 2021
    Location Intelligence
    Property ID
    US86-0638607
    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

    • Thai Drift / Thai Restaurant / Asian Restaurant

    Property Details for 1655 State St

    Year built
    1957
    Lot size
    0.92 lot acres
    Property size
    11,857 SF
    Property type
    Retail space
    APN
    19-022-0100
    APU
    190220100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.681
    Latitude
    40.2668
    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
    $7,418
    $0.00
    $0.00
    $974,900
    -
    $594,000
    $380,900
    $974,900

    Comparable in this City

    • Value Estimation by Request
      7,928 SF

      1985 State St

      RETAIL STORES (PERSONAL SERVICES) • 7,928 SF
      1985 State St, Orem, UT 84097-8014
      View Details
    • Value Estimation by Request
      4,423 SF

      835 700th E

      RETAIL STORES (PERSONAL SERVICES) • 4,423 SF
      835 700th E, Orem, UT 84097-7202
      View Details
    • Value Estimation by Request
      6,332 SF

      620 800th S

      RETAIL STORES (PERSONAL SERVICES) • 6,332 SF
      620 800th S, Orem, UT 84097-6528
      View Details
    • Value Estimation by Request
      2,635 SF

      1050 State St

      RETAIL STORES (PERSONAL SERVICES) • 2,635 SF
      1050 State St, Orem, UT 84097-7104
      View Details
    • Value Estimation by Request

      820-870 800

      Individual retail properties
      820-870 800, Orem, UT 84097
      View Details
    • Value Estimation by Request
      2,664 SF

      1032 State St

      RETAIL STORES (PERSONAL SERVICES) • 2,664 SF
      1032 State St, Orem, UT 84097-7104
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      70,132 SF

      Renovated Retail Spaces Available

      Three newly renovated retail spaces available for lease in Orem.
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      3,800 SF remodeled space available for lease.
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      Orem Coworking Space For Lease

      Modern coworking office suites in prime Orem location.
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    • $13 SF/Yr
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      Orem Office Space For Rent

      Office space for rent in the heart of Orem.
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    • $25 SF/Yr
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      University Place Office Space For Lease

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      Prime Orem Executive Office Suites

      Class A Office Space, 2 Suites Available
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      View Details
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    1655 State St
    Orem, UT 84097-8006
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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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