523 State Rd 198Salem, UT 84653

  • Office properties
  • 7,309 SF
Off market
$1,175,400 Estimated

Property Details for 523 State Rd 198

Year built
2010
Lot size
0.17 AC
Property size (Sq ft)
7,309 SF
Property type
Office properties
Property subtype
Office buildings
APN
66-870-0109
APU
668700109

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,949,964
    6.5%
    $1,799,967
    7%
    $1,671,398
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,464,358
    Geo Method
    $1,464,358
  • Alternative Use

    Use
    Valuation
    Residential
    $2,231,959
    Hospitality
    $2,044,463
    Educational
    $1,700,969
    Medical
    $1,759,468
    Retail
    $2,645,952
523 State Rd 198, Salem, Utah

Location Insight

City
Salem
County
Utah
State
Utah
Latitude
40.0631
Longitude
-111.669
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
$11,569
-
-
$1,175,400
-
$239,500
$935,900
$1,175,400

FAQs

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