Freestanding Storefront
For Sale
Contact for pricing
3951 Adams Ave, Ogden, UT 84403
Standalone commercial building with Highway 89 access and FF&E available for purchase.
Property Size3,358 SF
Price / SF$214.41
Days on Market559
Property Features for 3951 Adams Ave
General Information
Standard status
Active
Size
3,358 SF
Property subtype
RETAIL
Additional Details
Asking Price
$720,000
Highway Access
Yes
Building Details
Buildings
1
Listing Agency:
Mountain West - Corporate
(801) 989-1600
Listed By:
Rand Sargent
Source:
Moodyscre
Added: Feb 17, 2025
Changed: Aug 29
Last Checked: Aug 29 at 4:41PM
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 Mountain West - Corporate
Investment Insights
Based on property information with market context.
This freestanding storefront property contains 3,358 square feet and is positioned at 3951 Adams Ave in Ogden, Utah. The building is offered with FF&E available for purchase, allowing the next owner to evaluate the existing furnishings, fixtures, and equipment as part of the transaction.
Highway 89 provides northbound and southbound access from the property. Its Ogden location places the building near a variety of amenities, supporting convenient access for daily commercial activity.
Highway 89 provides northbound and southbound access from the property. Its Ogden location places the building near a variety of amenities, supporting convenient access for daily commercial activity.
Key Highlights
- 3,358 SF freestanding storefront building
- Located at 3951 Adams Ave, Ogden, UT 84403
- Quick northbound and southbound access to Highway 89
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,411
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,220
$868.2K
Cap Rate 7%
$620,157
$620.2K
Cap Rate 9%
$482,344
$482.3K
Market Conditions
NOI Build-Up for 3,358 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$65.3K $19.44/SF
− Vacancy
−$3.3K −$0.97/SF
EGI
$62.0K $18.47/SF
− OpEx
−$18.6K −$5.54/SF
NOI
$43.4K $12.93/SF
Area
Weber County, UT
Vacancy
5.00%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,220
Cap Rate 7%
$620,157
Cap Rate 9%
$482,344
Alternative Uses
Best Use
Retail
$620.2K
$542.6K – $723.5K
NOI $43,411 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$774.5K
$677.7K – $903.6K
NOI $54,215 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
157k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Groceries 20%
Apparel 14%
Shops & Services 13%
McDonald's
Dining
34,727 visits/mo
0.2 miles
Macey's
Groceries
32,084 visits/mo
0.4 miles
Savers Thrift Store
Apparel
21,368 visits/mo
0.2 miles
Big Lots
Superstores
18,555 visits/mo
0.2 miles
Chuck-A-Rama
Dining
12,953 visits/mo
0.4 miles
Demographics for 84403, UT
37,847
Population
14,587
Households
2.6
Avg Household Size
33
Median Age
34%
College-Educated
93%
High-School Grad
34.0 sq mi
ZIP Area
1,113
Density / Sq Mi
$84,589
Median Household Income
$41,227
Median Earnings
$1,172
Median Rent
$392,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Standalone commercial building with Highway 89 access and FF&E available for purchase.
Where is this storefront property located?
The property is located at 3951 Adams Ave Ogden, UT.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 3,358 SF freestanding storefront building; Located at 3951 Adams Ave, Ogden, UT 84403; Quick northbound and southbound access to Highway 89
