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Property profile & analytics
FOR SALE
Turn key restaurants
340 E 1200 S, Orem, UT 84058
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US86-0170845
For Sale
1 / 39
$1,860,000
340 E 1200 S, Orem, UT 84058
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1970
Total area
3,062 SF
Lot
0.31 ac (13,547 SF)
APN
19-015-0044
UPID
US86-0170845
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
-
La Carreta Peruvian Restaurant Restaurant
-
T & D Mobile Telecommunications Service Data Center
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
La Carreta LLC · 7 yrs held
La Carreta LLC
since 2019
6 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
$5,497
Tax year 2023
Assessed value
$722,400
Assessed 2023
Previous assessed
$722,400
+0.0% YoY
Effective rate
0.76%
On assessed value
Land market value
$534,500
Improvement market value
$187,900
Total market value
$722,400
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1970
Heating
YES
Cooling
YES
Stories
1
Total area
3,062 SF
Lot
0.31 ac (13,547 SF)
APN
19-015-0044
UPID
US86-0170845
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
1970
Heating
YES
Cooling
Yes
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
La Carreta LLC
Entity
Mailing address
340 E 1200TH S, OREM, UT 84058-6924
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2019
—
La Carreta LLC
Valdizan,jorge W & Ursula R
Warranty Deed
$637,500 · Bank Of American Fork
Apr 11, 2007
—
Jorge W Valdizan
Ursula R Valdizan
Intrafamily Transfer
related
$299,000 · Mountain West Small Business Financ
Nov 22, 2006
—
Jorge W Valdizan
—
Trustees Deed
related
$576,000 · Barnes Banking Co
Mar 14, 2006
—
Ursula R Valdizan
Del Coronado Investments LLC
Warranty Deed
$518,000 · Barnes Banking Co
Jan 19, 2006
—
Del Coronado Investments LLC
Kreutzkamp Family Trust
Grant Deed
$1,750,000 · Kreutzkamp Family Trust (tr)
Apr 4, 2005
—
City Of Orem
Utah Community Cu
Quit Claim Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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