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Property profile & analytics
OFF-MARKET
Retail space
744 State St Orem, UT 84058-6308
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-0244356
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Total area
3,863 SF
Lot
0.13 ac (5,445 SF)
APN
18-051-0052
UPID
US86-0244356
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
-
Milosport - Orem is permanently Closed (Bike/Boat/Book/etc) Store
-
Orem Auto Experts Auto Repair Shop
-
Sew Vintage Clothing & Fashion Store
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
Sew Vintage LLC · 4 yrs held
Sew Vintage LLC
since 2022
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
$3,410
Tax year 2023
Assessed value
$448,100
Assessed 2023
Previous assessed
$448,100
+0.0% YoY
Effective rate
0.76%
On assessed value
Land market value
$123,800
Improvement market value
$324,300
Total market value
$448,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
3,863 SF
Lot
0.13 ac (5,445 SF)
APN
18-051-0052
UPID
US86-0244356
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
1965
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Sew Vintage LLC
Entity
Mailing address
744 S STATE ST, OREM, UT 84058-6308
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2023
—
Sew Vintage LLC
—
Deed
related
$194,000 · Mountain West Small Business Finance
Jan 9, 2023
—
Sew Vintage LLC
—
Deed
related
$262,500 · Capital Community Bank
Apr 28, 2022
—
Sew Vintage LLC
Keung Lau Wing
Warranty Deed
$446,250 · First Capital Commercial
Sep 13, 2021
—
Keung Lau Wing
Wa Suhky Chiu Shuk
Correction Deed
related
—
Sep 17, 2019
—
W S Chiu Shuk
Kokkola,michael S & Debra W
Correction Deed
related
—
Apr 5, 2019
—
Poseidan Placements LLC
Top Gear Auto LLC
Warranty Deed
—
Aug 4, 2017
—
Lau,chiu Family Trust
Chiu,shuk W S
Quit Claim Deed
—
Jun 11, 2015
—
Shuk W S Chiu
Kokkola Michael S & Debra W
Warranty Deed
—
Oct 11, 2006
—
Orval N Skousen
Skousen,orval N & Vonda A
Quit Claim Deed
related
$135,000 · Orval N & Vonda A Skousen
—
—
Michael S Kokkola
—
Deed Of Trust
related
$100,000 · Orem Community Bank
—
—
Michael S Kokkola
—
Deed Of Trust
related
$254,673 · Capital Community Bank
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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