Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    987 State Rd 198 Salem, UT 84653-4505

    • Car washes
    • 5,885 SF
    • 3.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 29, 2025
    Location Intelligence
    Property ID
    US86-1403730
    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.

    Current Use by Public Records

    • Car washes

    Property Details for 987 State Rd 198

    Lot size
    3.05 lot acres
    Property size
    5,885 SF
    Property type
    Car washes
    APN
    30-002-0116
    APU
    300020116

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Utah
    State
    Utah
    Longitude
    -111.665
    Latitude
    40.0693
    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
    $6,617
    $0.00
    $0.00
    $2,880,100
    -
    $1,274,900
    $1,605,200
    $2,880,100

    Comparable in this City

    • Value Estimation by Request
      2,079 SF

      540 State Rd 198

      CAR WASH - AUTOMATED • 2,079 SF
      540 State Rd 198, Salem, UT 84653
      View Details
    • Value Estimation by Request
      2,832 SF

      532 State Rd 198

      CAR WASH - SELF-SERVE • 2,832 SF
      532 State Rd 198, Salem, UT 84653-5622
      View Details
    • Value Estimation by Request
      1,871 SF

      130 Main St

      AUTO REPAIR, GARAGE • 1,871 SF
      130 Main St, Salem, UT 84653-5698
      View Details
    • Value Estimation by Request
      5,050 SF

      1009 State Rd 198

      AUTO REPAIR, GARAGE • 5,050 SF
      1009 State Rd 198, Salem, UT 84653-9350
      View Details
    • Value Estimation by Request
      9,805 SF

      648 State Rd 198

      AUTO REPAIR, GARAGE • 9,805 SF
      648 State Rd 198, Salem, UT 84653-5688
      View Details
    • Value Estimation by Request
      1.10 Acres

      1940 Loafer Mtn Unit

      Retail properties • 1.10 Acres
      1940 Loafer Mtn Unit, Salem, UT 84653
      View Details

    Similar Nearby for Sale

    • $964,160
      1.10 Acres

      Prime Commercial Lot Opportunity

      Ideal commercial lot near I-15, perfect for drive-thru business.
      1940 N Loafer Mtn Pkwy Unit, Salem, UT 84653
      View Details
    • $964,160
      1.10 Acres

      Prime Salem Retail Lot - I-15 Access

      High-visibility retail lot near I-15.
      1940 Loafer Mtn Unit, Salem, UT 84653
      View Details
    • $575,000
      1,163 SF

      Commercial Space in Salem, Utah

      Commercial space suitable for office, retail, automotive, or drive-thru.
      295 East 400 St North, Salem, UT 84653
      View Details
    • $324,900
      0.34 Acres

      Residential Lots in Salem, Utah

      Premium residential lots suitable for RV garage-style homes.
      705 S 510 W, Salem, UT 84653
      View Details
    • $309,900
      0.38 Acres

      Residential Land in Salem, UT

      Land for sale with mountain views in a private community.
      321 E Selman, Salem, UT 84653
      View Details
    • $279,900
      0.35 Acres

      Residential Land in Salem, UT

      Secluded lots with mountain views in a small community.
      334 E Selman Rdg Dr, Salem, UT 84653
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

      Salem Retail Pad - Prime Location

      Grocery-anchored retail space available.
      870 Sr 198, Salem, UT 84653
      View Details
    • $20 SF/Yr
      92,323 SF

      Pharmacy and Retail Space Available

      Second generation pharmacy and shell space in growing Utah County.
      555 W State Rd, Salem, UT 84653
      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.
    987 State Rd 198
    Salem, UT 84653-4505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.