Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1159 12Th St Ogden, UT 84404

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,100,000

    Prime Ogden office space, 1.55 acres. Excellent investment opportunity.

    Property Features for 1159 12Th St

    General Information

    Property type
    Office properties & Spaces
    Lot Size
    67,518 SF

    We can help!

    Listing Contact
    Chris Falk

    Listing Agency: Mountain West Commercial LLC Listing Agent: Chris Falk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property located at 1159 12TH, Ogden, UT, presents a significant investment opportunity. The property encompasses a substantial 1.55 acres of land, offering considerable potential for development or expansion. Currently configured as an office building, the property's size and location make it ideal for a variety of uses. Its strategic positioning within Ogden provides easy access to major transportation routes and a thriving business community. The asking price of $3,100,000 reflects the property's significant value and potential for future growth. Detailed information regarding the building's square footage and internal layout is available upon request. Given the substantial land area, this property is well-suited for businesses seeking ample space for operations, expansion, or future development projects. The property's location in Ogden offers a blend of accessibility and a strong local economy, making it an attractive proposition for discerning investors and businesses alike. Serious inquiries are encouraged to explore this compelling investment opportunity further. Contact us today to schedule a viewing and obtain comprehensive property details.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    David Nemetz, MD Pediatrician Shelby Holmes Physician Kerry Reynolds Physician Ortega Catherine Employment Agency Williamson Toni Employment Agency

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ogden
    County
    Weber
    State
    Utah
    Longitude
    -111.9497
    Latitude
    41.24351

    Nearby Similar for Sale

    • $2,990,000
      42,840 SF

      Ogden Commercial Buildings For Sale

      Three buildings in downtown Ogden near Frontrunner station.
      2386 Wall Ave, Ogden, UT 84401
      View Details
    • New
      $600,000
      4,550 SF

      Charming Triplex Near Downtown Ogden

      Triplex featuring original craftsmanship, remodeled kitchens, and convenient location.
      527 24Th St, Ogden, UT 84401
      View Details
    • New
      $460,000
      2,612 SF

      Ogden Duplex with Rental History

      All-brick duplex in Ogden with proven rental history.
      486 15Th St, Ogden, UT 84404
      View Details
    • New
      $399,900
      1,654 SF

      Ogden Duplex with Rental History

      Well-maintained duplex with strong cash flow and investment potential.
      3031 Monroe Blvd, Ogden, UT 84403
      View Details
    • New
      $514,900
      3,070 SF

      Ogden Duplex Near Weber State

      All-brick duplex near Weber State, updated with fenced yards.
      1004 E 36Th St S, Ogden, UT 84403
      View Details
    • $1,300,000
      0.40 Acres

      Established Commercial Building in West Haven

      Profitable commercial building with high visibility and consistent rental income.
      3775 S 2700 W, Ogden, UT 84401
      View Details
    • New
      $585,000
      2,808 SF

      Ogden Duplex with Remodeled Units

      Side-by-side duplex in Ogden with updated features and rental income.
      437 E 32Nd St S, Ogden, UT 84401
      View Details
    • New
      $2,500,000
      5,320 SF

      Ogden Multifamily Investment Opportunity

      Fully occupied 12-unit complex with immediate cash flow.
      1165 Edgewood Dr, Ogden, UT 84403
      View Details
    • $450,000
      2,036 SF

      Ogden Duplex Near 25th Street

      Turn-key duplex near 25th Street with strong rental income.
      2527 Gramercy Ave, Ogden, UT 84401
      View Details
    • $339,000
      0.09 Acres

      Ogden Mixed-Use Property For Sale

      Updated 3-bedroom home in downtown Ogden, zoned for commercial or residential.
      174 W Patterson St, Ogden, UT 84401
      View Details
    • $475,000
      2,700 SF

      Ogden Income Property Opportunity

      Multi-family property with three units near shopping centers.
      316 E 35Th St S, Ogden, UT 84401
      View Details
    • $1,690,000
      0.41 Acres

      Turnkey Veterinary Clinic in Ogden

      Established veterinary clinic for sale in prime Ogden location.
      208 Washington Blvd, Ogden, UT 84404
      View Details

    FAQs

    What type of property is this?
    Office property - Prime Ogden office space, 1.55 acres. Excellent investment opportunity.
    Where is this office property located?
    The property is located at 1159 12Th St Ogden, UT.
    What is the asking price?
    The asking price for this property is $3,100,000.
    (801) 456-8800
    Request Owner's contact information
    1159 12Th St Ogden, UT 84404
    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.
    1159 12Th St
    Ogden, UT 84404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1159 12Th St Ogden, UT 84404
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chris Falk
    (801) 456-8800
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!