77 State St Orem, UT 84057-5507
Property profile & analytics
77 State St Orem, UT 84057-5507
- Banks
- 6,049 SF
- 0.59 lot acres
Property ID
US86-0074638
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.
Location Intelligence
Current Use by Public Records
- Sally Beauty / (Bike/Boat/Book/etc) Store / Cosmetic Store
- Wells Fargo Bank / Bank / Loan Service
- Wells Fargo ATM / Atm
Property Details for 77 State St
- Year built
- 1994
- Lot size
- 0.59 lot acres
- Property size
- 6,049 SF
- Property type
- Banks
- APN
- 52-469-0001
- APU
- 524690001
Description
This exceptional retail property, located at 77 N State St in Orem, Utah, presents a unique investment opportunity. The building, a former bank, boasts 6,054 square feet of versatile space situated on a 0.59-acre lot. Its strategic location in Orem, Utah County, ensures high visibility and accessibility. The property is zoned C2 Commercial, offering flexibility for a variety of retail uses. The asking price is $2,600,000. A key feature is a two-year financial use deed restriction, providing a degree of operational certainty. Furthermore, a five-year ATM lease is required, offering a potential supplemental income stream. This property is ideal for an investor seeking a strong return in a thriving Utah market. The substantial size and prime location make this a rare opportunity to acquire a well-positioned retail space in a high-demand area. The 84057 zip code offers excellent access to a large customer base. The property's history as a bank building suggests a solid foundation and potentially desirable structural features. This is a chance to capitalize on a well-established location with a clear path to profitability.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Orem
- County
- Utah
- State
- Utah
- Longitude
- -111.696
- Latitude
- 40.2983
- 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
$16,442
$0.00
$0.00
$2,160,800
-
$539,300
$1,621,500
$2,160,800
