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Property profile & analytics
OFF-MARKET
Auto shops
574 State St, Orem, UT 84057-3804
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US86-0636804
Property summary
AI-generated overview
Troon Office Park, a Class A, three-story office building in Orem, Utah, offers exceptional executive office space for lease. Located at 574 S State St, 84058, this single building comprises 38,000 square feet situated on a 2-acre lot. The property, built in 1996, features one elevator and offers flexible lease terms, accommodating businesses of various sizes. Units range from a minimum of 272 square feet to a maximum contiguous space of 8,475 square feet
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1991
Total area
16,165 SF
Lot
2.11 ac (91,912 SF)
APN
46-283-0004
UPID
US86-0636804
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
-
Berkshire Hathaway HomeServices Elite Real Estate : Jordyn Archer Real Estate Agency
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Dallin Dickerson Realtor Real Estate Agency
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Marisa C Bentley - REALTOR Real Estate Agency
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Cassidy Baum Realtor Real Estate Agency
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Frontier Claims Public Adjusters Financial Advisor
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
B & Y Real Estate LLC · 13 yrs held
B & Y Real Estate LLC
since 2012
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
$15,238
Tax year 2023
Assessed value
$2,002,600
Assessed 2023
Previous assessed
$2,002,600
+0.0% YoY
Effective rate
0.76%
On assessed value
Land market value
$1,056,400
Improvement market value
$946,200
Total market value
$2,002,600
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1991
Heating
RADIANT
Cooling
YES
Stories
1
Total area
16,165 SF
Lot
2.11 ac (91,912 SF)
APN
46-283-0004
UPID
US86-0636804
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
1991
Heating
RADIANT
Cooling
Yes
Stories
1
Lot
2.11 ac
Current owner
From public records · entity-resolved
B & Y Real Estate LLC
Entity
Mailing address
44 S 350TH E, OREM, UT 84058-5561
Ownership since
2012
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
Oct 1, 2012
—
B & Y Real Estate LLC
Maaco Real Estate LLC
Warranty Deed
$209,028 · 2020 LLC
—
—
B & Y Real Estate LLC
—
Deed Of Trust
related
$50,000 · American West Bank
—
—
B & Y Real Estate LLC
—
Deed Of Trust
related
$793,500 · American West Bank
—
—
B & Y Real Estate LLC
—
Deed Of Trust
related
$652,000 · Mountain W Small Busn Fin
—
—
B & Y Real Estate LLC
—
Deed Of Trust
related
$631,083 · People's Intermountain Bk
—
—
B & Y Real Estate LLC
—
Deed Of Trust
related
$631,083 · People's Intermountain 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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