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

    4000 S Midland Dr Ogden, UT 84401

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail, storage, and office spaces available near Hill Air Force Base.

    Property size:
    75,000 SF
    Lot size:
    8.88 Acres

    Property Features for 4000 S Midland Dr

    General Information

    Size
    75,000 SF
    Lot size
    8.88 Acres

    We can help!

    Listing Contact
    Stuart Thain
    Source: Moodyscre

    Listing Agent: Stuart Thain

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

    Learn more

    Overview

    Ogden Retail Space For Rent

    This new development, anchored by Walmart, offers retail, storage, and office spaces for rent. Available spaces range from 2,800 to 75,000 square feet, with 0.5 to 1.5 acre pads also available. The property is located in close proximity to Hill Air Force Base, which accounts for approximately 10% of Davis County's total employment, with 20,707 employees. Traffic counts indicate 22,000 ADT on Midland Drive and 11,000 ADT on 4000 South.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ogden
    County
    Weber
    State
    Utah
    Longitude
    -112.0407201
    Latitude
    41.1969445

    Nearby Similar for Lease

    • Contact for pricing
      67,518 SF

      Remodeled Class A Office Space

      Prime office space with mountain views in Weber County.
      4605 S Harrison Blvd E, Ogden, UT 84401
      View Details
    • Contact for pricing
      67,518 SF

      Remodeled Class A Office Space

      Prime office space with mountain views in Weber County.
      4605 S Harrison Blvd E, Ogden, UT 84403
      View Details
    • $1,095,000
      22,651 SF

      Ogden Industrial Warehouse Space

      Industrial warehouse space for lease or purchase in Ogden.
      350 Healy St, Ogden, UT 84401
      View Details
    • Contact for pricing
      232,610 SF

      Modern Warehouse in Pleasant View

      10,300 SF Class A warehouse with flexible layout.
      2724 N Rulon White Blvd, Ogden, UT 84414
      View Details
    • Contact for pricing
      18,295 SF

      Downtown Ogden Office/Retail Space

      Prime downtown location with ample parking and high visibility.
      455 24Th St, Ogden, UT 84401
      View Details
    • $1,145,000
      436 SF

      Ogden Retail Space For Lease

      Retail space in historic downtown Ogden's busiest area.
      2336 Washington Blvd, Ogden, UT 84401
      View Details
    • $36 SF/Yr
      101,148 SF

      Mixed-Use Development in Ogden

      Class A office, retail, residential, grocery, and hotel space.
      26th St & Lincoln Ave, Ogden, UT
      View Details
    • $1.60 SF/Yr
      3,000 SF

      Flex/R&D Space in Marriott-Slaterville

      19-acre business community with flex/R&D and retail space.
      1786 W 12Th St, Marriott Slaterville, UT 84404
      View Details
    • $7 SF/Yr
      6,249 SF

      Ogden, UT Office Space Available

      Flexible workspace solutions in Ogden, Utah.
      221 25Th St, Ogden, UT 84401
      View Details
    • $22 SF/Yr
      78,796 SF

      Spacious Office with High Ceilings

      Furnished office space with gym, training rooms, and expansion potential.
      801 S Depot Dr, Ogden, UT 84404
      View Details
    • $7 SF/Yr
      5,921 SF

      Ogden Office Space Available

      Flexible workspace solutions in Ogden, Utah.
      225 20Th St, Ogden, UT 84401
      View Details
    • $7 SF/Yr
      6,039 SF

      Ogden, UT Office Space Available

      Flexible Offices, Coworking & More
      372 24Th St, Ogden, UT 84401
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail, storage, and office spaces available near Hill Air Force Base.
    Where is this shopping center located?
    The property is located at 4000 S Midland Dr Ogden, UT.
    What are key features of this property?
    This property features: - Anchored by Walmart, offering great exposure.; - Space Available: Retail, Storage & Office (2,800 - 75,000 SF) to suit various business needs.; - Located in a new development.
    (801) 947-8300
    Request Owner's contact information
    4000 S Midland Dr Ogden, UT 84401
    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.
    4000 S Midland Dr
    Ogden, UT 84401
    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
    4000 S Midland Dr Ogden, UT 84401
    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
    Stuart Thain
    Real Estate License ID: 5468521-SA00
    (801) 947-8300
    Learn more
    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.