Office Building with Delivery
1480 E RIDGELINE DR S, South Ogden, UT 84403
For Sale
New
$2,999,000
A multi-suite layout includes a central lobby and elevator service.
Property Size15,558 SF
Price / SF$192.76
Days on Market6
Property Features for 1480 E RIDGELINE DR S
General Information
Standard status
Size
Elevators
Property subtype
Additional Details
Highway Access
Tenant in Place
Property Use
Amenities
main lobby
delivery area with overhead door
landscaped grounds
mountain views
Building Details
Building Size
Year Built
Tenancy
Owner Occupied
Listing Agency:
Crest Realty LLC
(801) 476-9500
Listed By:
Garrett Pierson · License #13128117
(801) 644-1361
Source:
Liftrealty
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 6:07AM
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 Crest Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 15,558-square-foot office property in South Ogden was built in 1993 and has been updated throughout. Multiple office suites connect to a main lobby with elevator access. A dedicated delivery area with an overhead door adds a separate loading and access point. The property is occupied by both tenants and the owner.
Situated on Ridgeline Drive, the building has convenient freeway access and landscaped grounds with mountain views. Its location is described as a high-traffic setting.
Situated on Ridgeline Drive, the building has convenient freeway access and landscaped grounds with mountain views. Its location is described as a high-traffic setting.
Key Highlights
- 15,558‑square‑foot office building with multiple suites
- Built in 1993 and updated throughout
- Main lobby with elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$187,873
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,757,460
$3.8M
Cap Rate 7%
$2,683,900
$2.7M
Cap Rate 9%
$2,087,478
$2.1M
Market Conditions
NOI Build-Up for 15,558 SF
Gross rent
$272.6K $17.52/SF
− Vacancy
−$22.1K −$1.42/SF
EGI
$250.5K $16.10/SF
− OpEx
−$62.6K −$4.03/SF
NOI
$187.9K $12.08/SF
Area
Weber County, UT
Vacancy
8.10%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,757,460
Cap Rate 7%
$2,683,900
Cap Rate 9%
$2,087,478
Alternative Uses
Best Use
Office B
$2.68M
$2.35M – $3.13M
NOI $187,873 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.59M
$3.14M – $4.19M
NOI $251,184 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
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 Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A multi-suite layout includes a central lobby and elevator service.
Where is this office building located?
The property is located at 1480 E RIDGELINE DR S South Ogden, UT.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 15,558‑square‑foot office building with multiple suites; Built in 1993 and updated throughout; Main lobby with elevator access
