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Property profile & analytics
OFF-MARKET
Automotive properties
55 University Pkwy, Orem, UT 84058-7684
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US86-0263497
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2005
Total area
22,210 SF
Lot
5.07 ac (221,023 SF)
APN
40-215-0007
UPID
US86-0263497
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
-
Century 21 Harman Realty Real Estate Agency
-
Harman Real Estate Academy Real Estate Agency
-
Kraig Moll, Professional Real Estate Consultant, GRI, BSEE Real Estate Agency
-
Ohana Chiropractic and Wellness Center Alternative Medicine Practice
-
Orem Mazda Car Dealership
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
Gok Properties Lc · 7 yrs held
Gok Properties Lc
since 2018
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
$69,675
Tax year 2023
Assessed value
$9,419,500
Assessed 2024
Previous assessed
$9,156,900
+2.9% YoY
Effective rate
0.74%
On assessed value
Land market value
$5,651,500
Improvement market value
$3,768,000
Total market value
$9,419,500
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2005
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
22,210 SF
Lot
5.07 ac (221,023 SF)
APN
40-215-0007
UPID
US86-0263497
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
2005
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
5.07 ac
Current owner
From public records · entity-resolved
Gok Properties Lc
Entity
Mailing address
1530 S 500TH W, SALT LAKE CITY, UT 84115-5104
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2024
—
G O Kproperties LLC
—
Deed
related
$1,040,000 · Zb NA
Jul 18, 2023
—
Gok Properties Lc
—
Deed
related
$5,824,000 · Zb NA
Aug 13, 2018
—
Gok Properties Lc
Macdonald Christensen Limited Liabi
Special Warranty Deed
$22,412,994 · Zb NA
May 6, 2016
—
Macdonald Christensen LLC
—
Deed
related
$465,000 · Zb NA
Aug 17, 2009
—
Macdonald Christensen Limited Liabi
Pbe Companies LLC
Special Warranty Deed
—
Jun 15, 2009
$4,000,000
Pbe Companies LLC
Brian D Cunningham
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jan 3, 2008
—
Ka Investments Of Orem LLC
—
Grant Deed
related
$7,600,000 · Sovereign Bk
Jan 20, 2006
—
Ka Investments Of Orem LLC
Patch Investments LLC
Grant Deed
$6,328,000 · Keybank USA
Mar 25, 2005
—
Patch Investments LLC
Bh Properties LLC
Warranty Deed
$6,328,000 · Keybank USA
Sep 15, 2004
—
Utah Bh Properties LLC
Bh Properties LLC
Quit Claim Deed
related
$2,590,000 · Bank Of American Fork
—
—
Bengtzen,kirk E
—
Deed Of Trust
related
—
—
—
Ka Investments Of Orem LLC
—
Deed Of Trust
related
$800,000 · Commission/economic Dev/orem
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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