Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    172 University Pkwy Orem, UT 84058-7686

    • Community centers
    • 127,728 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 31, 2022
    Location Intelligence
    Property ID
    US86-0052969
    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

    • JOANN Fabric and Crafts / Home Goods Store / Picture Frame Shop

    Property Details for 172 University Pkwy

    Year built
    2019
    Lot size
    0.94 lot acres
    Property size
    127,728 SF
    Property type
    Community centers
    APN
    57-105-0010
    APU
    571050010

    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
    -111.691
    Latitude
    40.2719
    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
    $21,215
    $0.00
    $0.00
    $2,788,100
    -
    $833,800
    $1,954,300
    $2,788,100

    Comparable in this City

    • Value Estimation by Request
      51,780 SF

      206 University Pkwy

      MINI-MALL • 51,780 SF
      206 University Pkwy, Orem, UT 84058-7601
      View Details
    • Value Estimation by Request
      127,728 SF

      148 University Pkwy

      MINI-MALL • 127,728 SF
      148 University Pkwy, Orem, UT 84058-7686
      View Details
    • Value Estimation by Request
      127,728 SF

      168 University Pkwy

      MINI-MALL • 127,728 SF
      168 University Pkwy, Orem, UT 84058-7686
      View Details
    • Value Estimation by Request
      194,354 SF

      380 University Pkwy

      MINI-MALL • 194,354 SF
      380 University Pkwy, Orem, UT 84058
      View Details
    • Value Estimation by Request
      51,780 SF

      206 University Pkwy

      MINI-MALL • 51,780 SF
      206 University Pkwy, Orem, UT 84058-7601
      View Details
    • Value Estimation by Request
      127,728 SF

      130 University Pkwy

      MINI-MALL • 127,728 SF
      130 University Pkwy, Orem, UT 84058-7686
      View Details

    Similar Nearby for Sale

    • $2,286,900
      1.75 Acres

      Orem Retail Land: Lakeview Parkway

      Prime 1.75-acre retail lot, high growth.
      2000 Lakeview Pkwy, Vineyard, UT 84058
      View Details
    • $1,399,999
      4,152 SF

      Remodeled Fourplex Near University Place

      Remodeled fourplex near shopping, BYU, and UVU campuses.
      1531 S 450 E, Orem, UT 84058
      View Details
    • Contact for pricing
      3.15 Acres

      Logan Retail Land - 3.15 Acres

      Prime Commercial Land, Highway 89 Frontage
      1200 Hwy, Vineyard, UT 84058
      View Details
    • $230,000
      0.23 Acres

      Residential Land Near UVU

      0.23 acre lot near UVU, ready to build.
      350 S 1200 W, Orem, UT 84058
      View Details
    • $254,900
      794 SF

      Updated Condo Near Universities

      Updated condo with new features, conveniently located near universities.
      1030 S Orem Blvd, Orem, UT 84058
      View Details
    • $250,000
      783 SF

      Move-In Ready Condo Near University

      Charming condo with new upgrades, convenient location, and open floorplan.
      1050 S Orem Blvd, Orem, UT 84058
      View Details

    Similar Nearby for Lease

    • $38 SF/Yr
      90,000 SF

      Vineyard Retail Center - For Lease

      Prime Vineyard retail space available. Multiple units, flexible sizes.
      600 Mill Rd, Vineyard, UT 84058
      View Details
    • $26 SF/Yr
      3,510 SF

      Retail Space in Power Center

      Retail space available in a busy power center.
      293-394 E University Pkwy, Orem, UT 84058
      View Details
    • Contact for pricing
      129,794 SF

      Orem Retail Center: Prime Location

      High-traffic retail space, two suites available.
      130 University Pkwy, Orem, UT 84058
      View Details
    • $1,200,000
      18,731 SF

      Remodeled Commercial Building in Orem

      Remodeled commercial building suitable for office, medical, retail, or school.
      536 S State St E, Orem, UT 84058
      View Details
    • $14 SF/Yr
      38,000 SF

      Troon Office Park: Orem Executive Suites

      Premium Orem office space, flexible lease terms.
      574 State St, Orem, UT 84058
      View Details
    • Contact for pricing
      45,233 SF

      Orem Retail Space Available

      45,233 SF retail space in Orem's retail corridor.
      86 E University Pkwy, Orem, UT 84058
      View Details

    Property Visit Statistics

    • Visits by month
      28.4k
    • Visitors by month
      24.1k
    • Avg Time on site
      37 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    172 University Pkwy
    Orem, UT 84058-7686
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.