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Property profile & analytics
OFF-MARKET
Retail space

984 State St Orem, UT 84097-7076

793 SF 0.26 ac lot Built 1937
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US86-1367710
Property summary
AI-generated overview

This exceptional commercial property, situated on a sizable 0.26-acre corner lot in the thriving city of Orem, Utah, presents a remarkable investment opportunity. Its prime location ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The property is currently configured for retail and/or office use, offering significant potential for a wide range of businesses. The expansive corner lot provides ample space for parking, outdoor displays, or future expansion. This property is perfectly positioned to capitalize on the robust economic activity and high foot traffic characteristic of this desirable Orem location. The asking price is $1,100,000. While the exact square footage is not currently available, interested parties are encouraged to conduct their own due diligence to verify all property details. This is a rare opportunity to acquire a well-situated commercial property in a highly sought-after area. Don't miss out on this chance to secure a valuable asset in a dynamic market. Serious inquiries only. All information should be independently verified.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1937
Total area 793 SF
Lot 0.26 ac (11,326 SF)
APN 18-046-0014
UPID US86-1367710
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
  • The Barn - Wall Brothers Specialty Food Shop Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Wall Brothers Orem LLC · 1 yrs held
Wall Brothers Orem LLC
since 2024
5 recorded transactions
2024
Price N/A
2021
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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