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    Property profile & analytics

    256 Ctr St Provo, UT 84606-3107

    • Assisted living facilities
    • 8,589 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 03, 2025
    Location Intelligence
    Property ID
    US86-0405892
    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

    • Assisted living facilities

    Property Details for 256 Ctr St

    Year built
    1955
    Lot size
    0.19 lot acres
    Property size
    8,589 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    05-023-0015
    APU
    50230015

    Description

    This exceptional 8,589 square foot property, located at 256 E Center St in Provo, Utah, presents a unique investment opportunity. Currently zoned for senior living, this building boasts a prime location on Center Street in the 84606 zip code. Previously utilized as an Intermediate Care Center and Skilled Nursing Center, the property holds a license for 34 beds. The asking price is $1,495,000, translating to $174.06 per square foot. This presents a compelling proposition for investors seeking a property with significant redevelopment potential. The existing structure offers a solid foundation for various uses, allowing for adaptation to current market demands. The property's central location within Provo provides excellent accessibility and visibility, making it an attractive option for a range of businesses or continued use as a senior care facility. Given its history and zoning, this property offers a versatile platform for future development or continued operation within the senior care sector. The substantial square footage and prime location combine to create a strong investment opportunity in a thriving Utah County market. Serious inquiries are encouraged to explore the possibilities this property offers.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.654
    Latitude
    40.2333
    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
    $994
    $0.00
    $0.00
    $96,470
    -
    $149,600
    $25,800
    $175,400

    Comparable in this City

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      256 Ctr St

      HOMES (RETIRED, NURSING) • 8,589 SF
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    256 Ctr St
    Provo, UT 84606-3107
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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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