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Property profile & analytics
OFF-MARKET
Estimated value
$475,000
Individual retail properties
565 State St Orem, UT 84058-6303
Entity Owned
11-yr Hold
Free & Clear
Property ID
US86-1423693
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1970
Total area
1,857 SF
Lot
0.44 ac (19,166 SF)
APN
18-050-0002
UPID
US86-1423693
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
-
Naumann Designs (Bike/Boat/Book/etc) Store Printing Service
-
Happy Day Massage Spa Alternative Medicine Practice Spa & Massage Center
-
Car Autos Utah Car Dealership
-
My Planet Auto Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$475k
Owner & transaction history
Special Products INC · 11 yrs held
Special Products INC
since 2015
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$475k
Range $428k – $523k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$256 / SF
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
$3,171
Tax year 2023
Assessed value
$416,800
Assessed 2023
Previous assessed
$416,800
+0.0% YoY
Effective rate
0.76%
On assessed value
Land market value
$341,200
Improvement market value
$75,600
Total market value
$416,800
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
1970
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
1,857 SF
Lot
0.44 ac (19,166 SF)
APN
18-050-0002
UPID
US86-1423693
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
FLOOR/WALL FURNACE
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Special Products INC
Entity
Free & Clear · 11 yrs held
Mailing address
571 S STATE ST, OREM, UT 84058-6303
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2015
—
Special Products INC
Chris Hartley
Warranty Deed
—
Nov 13, 2007
—
Chris Hartley
Salt Lake Exchange Accommoda
Warranty Deed
related
$250,000 · Bank Of American Fork
Dec 5, 2006
—
Salt Lake Exchange Accommodati
Naumann,julio S & Laura L
Warranty Deed
$350,000 · Julio S Naumann
May 26, 2006
—
Julio S Naumann
Naumann,julio S & Laura L
Quit Claim Deed
related
—
May 21, 2002
—
Helmuth Naumann
—
Trustees Deed
related
$396,500 · Central Bank & Trust
—
—
Julio S Naumann
—
Deed Of Trust
related
$31,236 · Orem Community Bank
—
—
Julio S Naumann
—
Deed Of Trust
related
$133,000 · Home Credit Bank
—
—
Julio S Naumann
—
Deed Of Trust
related
$15,399 · Capital Community Bank
—
—
Julio S Naumann
—
Deed Of Trust
related
$197,805 · Central Bank & Trust
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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