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Property profile & analytics
OFF-MARKET
Individual retail properties
354 State St, Orem, UT 84057-4748
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US86-0035704
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1925
Total area
2,845 SF
Lot
0.26 ac (11,326 SF)
APN
18-006-0023
UPID
US86-0035704
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
-
Jen Watson Hair Hair Salon
-
Bailee Jayne Beauty Hair Salon
-
Relik Salon Hair Salon Nail Salon
-
Seasons - temporary Hair Salon
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
Relik Salon And Spa LLC · 9 yrs held
Relik Salon And Spa LLC
since 2016
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
$2,411
Tax year 2023
Assessed value
$316,800
Assessed 2023
Previous assessed
$316,800
+0.0% YoY
Effective rate
0.76%
On assessed value
Land market value
$211,100
Improvement market value
$105,700
Total market value
$316,800
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1925
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
2,845 SF
Lot
0.26 ac (11,326 SF)
APN
18-006-0023
UPID
US86-0035704
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
1925
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Relik Salon And Spa LLC
Entity
Mailing address
354 N STATE ST, OREM, UT 84057-4748
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2019
—
Relik Salon & Spa Lc
—
Trustees Deed
related
$280,800 · Rock Canyon Bk
Sep 23, 2016
—
Relik Salon And Spa LLC
Steven Kenneth Hardle
Warranty Deed
$276,210 · Rock Canyon Bank
Jan 28, 2010
—
Steven K Hardle
Kariya Robert
Trustees Deed
related
—
Jul 29, 2009
$376,594
Steven K Hardle
Rivers Rodney W
Trustees Deed
—
Jun 28, 2007
—
At Investment LLC
At Investment LLC
Quit Claim Deed
$135,329 · Barnes Banking Co
Mar 1, 2007
—
At Investment LLC
At Investments LLC
Quit Claim Deed
—
Jan 23, 2007
—
At Investments LLC
Hardle,steven K
Warranty Deed
$490,000 · Barnes Banking Co
Apr 1, 2005
—
Steven K Hardle
Devilbiss,colette
Warranty Deed
related
—
—
—
Steven K Hardle
—
Deed Of Trust
related
$500,000 · Zions First National Bank
—
—
At Investment LLC
—
Deed Of Trust
related
$127,353 · Barnes Banking Co
—
—
Steven K Hardle
—
Deed Of Trust
related
$230,000 · Western Community Bank
—
—
Relik Salon & Spa LLC
—
Deed Of Trust
related
$130,000 · Mountain W Small Busn Fin
—
—
Relik Salon & Spa LLC
—
Loan Modification
related
$153,450 · Rock Canyon Bk
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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