Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    646 800th N Orem, UT 84097-4241
    Back to Search
    Property profile & analytics

    646 800th N, Orem, UT 84097-4241

    View on Map
    • Specialty properties
    • 7,351 SF
    • 2.16 lot acres
    Off-Market
    Last Sale Nov 20, 2023
    Property ID
    US86-0574413
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Walker Sanderson Funeral Home & Crematory / Social Service Agency

    Property Details for 646 800th N

    Year built
    1946
    Lot size
    2.16 lot acres
    Property type
    Specialty properties
    APN
    44-021-0001
    APU
    440210001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 20, 2023 — Jlw Property Management LLC Jason Lee Walker Quit Claim Deed · related $900k · Walker Property Management LLC
    Nov 13, 2023 — Jlw Property Management LLC Waker Prperty Mangement LLC Quit Claim Deed · related —
    Nov 7, 2023 — Jason Lee Walker Walker Property Management LLC Quit Claim Deed · related —
    Jan 2, 2015 — Walker Property Management LLC Walker Stewart L Trust Quit Claim Deed · related $1.3M · Walker Stewart L Trust (pt)
    Dec 8, 2014 — Walker,stewart L Family Trust Loafer Property Invs LLC Quit Claim Deed · related —
    Aug 19, 2010 — Loafer Property Inv Co LLC — Trustees Deed · related —
    Dec 31, 2009 — Loafer Property Inv Co LLC — Trustees Deed · related —
    Feb 8, 2007 — Utah Dept Of Transportation Loafer Property Inv Co LLC Warranty Deed · related —
    Dec 29, 2004 — Loafer Property Inv Co LLC Loafer Property Investment Quit Claim Deed · related —
    — — Loafer Property Inv Co LLC — Deed Of Trust · related —
    — — Loafer Property Inv Co LLC — Deed Of Trust · related —
    — — Loafer Property Inv Co LLC — Loan Modification · related —
    — — Walker Property Management LLC — Deed Of Trust · related $250k · Bonneville Bk
    — — Loafer Property Inv Co LLC — Loan Modification · related $50k · Bonneville Bank
    — — Walker Property Management LLC — Loan Modification · related —
    — — Walker Property Management LLC — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.681
    Latitude
    40.3114
    CBSA code
    39340
    CBSA name
    PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,698
    $0.00
    $0.00
    $1,931,600
    -
    $1,159,100
    $772,500
    $1,931,600

    Comparable in this City

    • Value Estimation by Request
      3,120 SF

      904 State St

      DAY CARE, PRE-SCHOOL
      904 State St, Orem, UT 84097-7028
      View Details
    • Value Estimation by Request
      9,436 SF

      765 1200th S

      DAY CARE, PRE-SCHOOL
      765 1200th S, Orem, UT 84097-7240
      View Details
    • Value Estimation by Request
      9,436 SF

      765 1200th S

      DAY CARE, PRE-SCHOOL
      765 1200th S, Orem, UT 84097-7240
      View Details
    • Value Estimation by Request
      3.88 Acres

      Orem, UT 84097

      COMMERCIAL (GENERAL)
      Orem, UT 84097
      View Details
    • Value Estimation by Request
      0.02 Acres

      Orem, UT 84097

      COMMERCIAL (GENERAL)
      Orem, UT 84097
      View Details
    • Value Estimation by Request
      0.05 Acres

      Orem, UT 84097

      COMMERCIAL (GENERAL)
      Orem, UT 84097
      View Details

    Similar Nearby for Sale

    • $1,100,000
      0.26 Acres

      Orem Retail Investment Opportunity

      High-traffic corner lot, prime location.
      984 State St, Orem, UT 84097
      View Details
    • Contact for pricing
      12,452 SF

      Orem Office Building For Sale

      12,452 SqFt office building available in Orem, Utah.
      586 E 800 N, Orem, UT 84097
      View Details
    • Contact for pricing

      Remodeled Office Spaces For Rent

      Centrally located office spaces with fitness center access.
      1875 S State St, Orem, UT 84097
      View Details
    • $390,000
      0.17 Acres

      Orem Land for Custom Home

      Homesite for a customizable luxury home in a desirable community.
      723 E 1450 N, Orem, UT 84097
      View Details
    • $2,599,900

      Orem Land For Sale

      Land available in Orem, Utah.
      1360 S Carterville Rd, Orem, UT 84097
      View Details
    • $2,895,620
      5,217 SF

      Orem Office For Sale

      16,510 SF office space available in Orem, Utah.
      1095 S 800 E, Orem, UT 84097
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      496,091 SF

      Furnished Mini Suites for Lease

      Furnished mini suites available for lease, accommodating 1-10 people.
      603 Timpanogos Cir, Orem, UT 84097
      View Details
    • Contact for pricing
      2,275 SF

      Professional Office Suite Available

      Move-in ready office suite in a professional building.
      1375 E 800 N, Orem, UT 84097
      View Details
    • Contact for pricing

      Orem Office/Retail Space Available

      6,000 SF divisible office/retail space with ample parking.
      1178 S State St, Orem, UT 84097
      View Details
    • Contact for pricing

      Class A Office Space Available

      Premier Orem location with freeway access and ample parking.
      1145 S 800 E, Orem, UT 84097
      View Details
    • $32 SF/Yr
      100,000 SF

      University Place Tower: Orem Office Space

      Modern Orem Office, 3,000-100,000 SF Available
      545 University Pkwy, Orem, UT 84097
      View Details
    • Contact for pricing
      2,510 SF

      Orem Medical Suite For Rent

      Functional medical suite available in Orem starting 06/01/2026.
      1415 S State St, Orem, UT 84097
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    646 800th N
    Orem, UT 84097-4241
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    646 800th N, Orem, UT, 84097
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!