Flex Industrial Condo with
2-2437 Rulon White Blvd Ogden, UT 84404
2-2437 Rulon White Blvd, Ogden, UT, 84404
$570,000
For Sale
$570,000
Ground-floor flex condo with office and heated warehouse, 20' ceilings, and an at-grade roll-up door plus usable mezzanine.
Property Size2,650 SF
Price / SF$215.09
Days on Market112
Property Features for 2-2437 Rulon White Blvd
General Information
- Standard status
- Active
- Size
- 2,650 SF
Listing agency
Signature Real Estate Utah (Cottonwood Heights)
(801) 815-6557
Listed by
Josh Floisand · License #12167681-SA00
(801) 815-6557
Source
Exprealty
Added: Apr 3 Updated: Jul 22 at 1:26PM Checked: Jul 22 at 1:26PM
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 Signature Real Estate Utah (Cottonwood Heights)
Investment Insights
Based on property information with market context.
This flex industrial condo offers a combination of office and warehouse space on the ground floor, along with additional usable mezzanine space accessed by stairs. The heated warehouse includes 20' ceilings and an at-grade roll-up door, supporting practical loading and light warehouse operations. Office area is included within the ground-floor layout, creating a split-function configuration within the unit.
The property is described as being minutes from I-15 and includes dedicated parking for the unit. All measurements are estimates and the buyer is responsible for verifying the information provided.
The unit’s configuration is centered on ground-floor warehouse utility with upstairs mezzanine space, providing additional usable area while maintaining direct roll-up door access.
The property is described as being minutes from I-15 and includes dedicated parking for the unit. All measurements are estimates and the buyer is responsible for verifying the information provided.
The unit’s configuration is centered on ground-floor warehouse utility with upstairs mezzanine space, providing additional usable area while maintaining direct roll-up door access.
Key Highlights
- Ground‑floor flex industrial condo with 2,650 SF of office and warehouse space
- Approximately 700 SF usable mezzanine space with stair access
- 20' ceilings and an at‑grade roll‑up door
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.4k | $17.52 |
| − Vacancy | −$3.8k | −$1.42 |
| EGI | $42.7k | $16.10 |
| − OpEx | −$10.7k | −$4.03 |
| NOI | $32.0k | $12.08 |
2,650 SF · lease $17.52/SF/yr · vacancy 8.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$457.1K
$400.0K – $533.3K
NOI $32,000 @ 7.0% cap · market cap 5.61%
Second Best
Warehouse
$282.7K
$247.3K – $329.8K
NOI $19,786 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$611.2K
$534.8K – $713.1K
NOI $42,784 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Ground-floor flex condo with office and heated warehouse, 20' ceilings, and an at-grade roll-up door plus usable mezzanine.
Where is this flex space located?
The property is located at 2-2437 Rulon White Blvd Ogden, UT.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Ground‑floor flex industrial condo with 2,650 SF of office and warehouse space; Approximately 700 SF usable mezzanine space with stair access; 20' ceilings and an at‑grade roll‑up door
