Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Two-Story Building on S Washington Title is generated by Realmo AI

    3253 S WASHINGTON BLVD, Ogden, UT 84401

    View on Map
    Claim this Listing
    For Sale
    $545,000

    Two-story building in a high-traffic business district.

    Type:Commercial/Industrial
    Lot size:
    0.45 Acres
    Added:
    Sep 28, 2017
    Days on Market:
    3168
    Last Refresh:
    May 20 at 12:53 am

    Property Features for 3253 S WASHINGTON BLVD

    General Information

    Standard status
    Active
    Lot size
    0.45 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1976

    We can help!

    Listing Contact
    Don Russell

    Listing agent Don Russell License #7427466

    Listing office Coldwell Banker Realty (South Ogden)

    Listing date Sep 28, 2017

    Source Exitrealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty (South Ogden)

    HighLights

    • High‑traffic location on S Washington Blvd in a business district
    • Potential for parking expansion or further building expansion
    • Business‑ready condition
    • Two‑story building
    • Includes additional parcels (Tax IDs 05‑10‑0002 and 05‑109‑0003)
    • Two bathrooms

    Overview

    Located on S Washington Blvd in a business district, this two-story building benefits from high traffic counts. The square footage is equally split between the first and second floor. The property includes two bathrooms and is described as business ready and user friendly. There is potential for parking expansion to an open lot, or additional building expansion. Additional parcels are included in the sale, identified by Tax IDs 05-10-0002 and 05-109-0003.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply 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
    -111.971
    Latitude
    41.2048

    Nearby Similar for Sale

    • $7,499,900
      51,345 SF

      Ogden Commercial Flex Building For Sale

      High-visibility office, warehouse, and flex building near Weber State University.
      3625 HARRISON Blvd, Ogden, UT 84403
      View Details
    • $595,000
      3,350 SF

      Ogden Flex Industrial Condo

      Flex industrial condo with office, warehouse, and mezzanine space.
      2437 N 1500 W, Ogden, UT 84404
      View Details
    • $809,000
      4,947 SF

      Ogden Income Property with Upside

      Legal triplex configured as four units with renovation.
      2946 OGDEN Ave, Ogden, UT 84403
      View Details
    • $995,000

      Ogden Commercial Property For Sale

      Commercial property suitable for various businesses in Ogden, Utah.
      350 HEALY, Ogden, UT 84401
      View Details
    • $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
    • $524,900
      2,042 SF

      Ogden Home with Rental Unit

      Riverdale home with basement apartment, potential for single-family conversion.
      4372 S 700 W, Ogden, UT 84405
      View Details
    • $439,900

      Remodeled Live-Work Space in Ogden

      Completely remodeled live-work space in Ogden's Nine Rails District.
      2377 JEFFERSON Ave, Ogden, UT 84401
      View Details
    • $2,250,000
      5,320 SF

      Ogden Multifamily Investment Opportunity

      12-unit multifamily property in Ogden with immediate cash flow.
      1165 EDGEWOOD Dr, Ogden, UT 84403
      View Details
    • $879,000

      Former Church Building in Ogden

      Multi-purpose building with gymnasium, kitchen, classrooms, and large gathering space.
      3104 PORTER Ave, Ogden, UT 84403
      View Details
    • $458,999
      2,700 SF

      Ogden Income Property Opportunity

      Multi-family property with three units near shopping centers.
      316 E 35TH S, Ogden, UT 84401
      View Details
    • $469,900
      2,246 SF

      Ogden Duplex Investment Opportunity

      Tenant-occupied duplex near I-15, ideal for investors.
      1045 S 1200 W, Ogden, UT 84404
      View Details
    • $585,000
      2,808 SF

      Ogden Duplex: Remodeled Units

      Side-by-side duplex in Ogden with remodeled units and solid investment.
      437 E 32ND St S, Ogden, UT 84401
      View Details

    FAQs

    What type of property is this?
    Storefront property - Two-story building in a high-traffic business district.
    Where is this storefront property located?
    The property is located at 3253 S WASHINGTON BLVD Ogden, UT.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: High‑traffic location on S Washington Blvd in a business district; Potential for parking expansion or further building expansion; Business‑ready condition
    (801) 628-0768
    We can help!
    Listing Contact
    Don Russell
    Real Estate License ID: 7427466
    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.
    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
    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

    Thank You for Inquiry
    3253 S WASHINGTON BLVD, Ogden, UT 84401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!