Campus-Style Flex
For Sale
Contact for pricing
1890 S 1350 W, Ogden, UT 84401
C-2-zoned property with multiple access points, electronic pylon signage, and crown signage.
Property Size33,108 SF
Lot Size4.90 Acres
Price / SF$149.51
Days on Market220
Property Features for 1890 S 1350 W
General Information
Standard status
Active
Size
33,108 SF
Lot size
4.90 Acres
Property subtype
SPECIALTY
Zoning
C-2
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$4,950,000
Amenities
electronic pylon and crown signage
Building Details
Year Built
1989
Listing Agency:
cRc Nationwide
(801) 617-1700
Listed By:
Jeremy Sieverts
(801) 617-1715
Source:
Moodyscre
Added: Feb 10
Changed: Sep 12
Last Checked: Sep 18 at 8:27AM
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 cRc Nationwide
Investment Insights
Based on property information with market context.
This campus-style flex space includes 33,108 square feet on approximately 4.9 acres, with improvements constructed in 1989. The property features abundant parking, multiple access points, an electronic pylon, and crown signage. The C-2 General Commercial zoning supports the range of uses identified for the site, including creative or flex office, corporate headquarters, an administrative campus, education or training, medical, healthcare or wellness, and event or community center applications.
The property is located at 1890 South 1350 West in West Haven, Utah, with I-15 visibility and access. Approximately 1.0 acre is identified for potential build-to-suit warehouse or flex development.
The property is located at 1890 South 1350 West in West Haven, Utah, with I-15 visibility and access. Approximately 1.0 acre is identified for potential build-to-suit warehouse or flex development.
Key Highlights
- 33,108 SF commercial campus on ±4.9 acres
- C‑2 (General Commercial) zoning
- I‑15 visibility and access
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
$399,801
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
8.08%
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%
$7,996,020
$8.0M
Cap Rate 7%
$5,711,443
$5.7M
Cap Rate 9%
$4,442,233
$4.4M
Market Conditions
NOI Build-Up for 33,108 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
$580.1K $17.52/SF
− Vacancy
−$47.0K −$1.42/SF
EGI
$533.1K $16.10/SF
− OpEx
−$133.3K −$4.03/SF
NOI
$399.8K $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 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%
$7,996,020
Cap Rate 7%
$5,711,443
Cap Rate 9%
$4,442,233
Alternative Uses
Best Use
Office B
$5.71M
$5.00M – $6.66M
NOI $399,801 @ 7.0% cap · market cap 8.08%
Second Best
Flex RnD
$3.06M
$2.68M – $3.57M
NOI $214,300 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$7.64M
$6.68M – $8.91M
NOI $534,528 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84401, UT
42,968
Population
18,615
Households
2.3
Avg Household Size
32
Median Age
26%
College-Educated
90%
High-School Grad
30.7 sq mi
ZIP Area
1,400
Density / Sq Mi
$77,333
Median Household Income
$41,295
Median Earnings
$1,179
Median Rent
$410,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - C-2-zoned property with multiple access points, electronic pylon signage, and crown signage.
Where is this flex space located?
The property is located at 1890 S 1350 W Ogden, UT.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 33,108 SF commercial campus on ±4.9 acres; C‑2 (General Commercial) zoning; I‑15 visibility and access
