Flex Industrial Condo with
2437 N 1500 W Ogden, UT 84404
2437 N 1500 W, Ogden, UT, 84404
Contact for pricing
For Sale
Contact for pricing
Ground-floor flex unit includes heated warehouse space, an at-grade roll-up door, and usable mezzanine with stair access.
Property Size3,350 SF
Price / SF$177.61
Days on Market110
Property Features for 2437 N 1500 W
General Information
- Standard status
- Active
- Size
- 3,350 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2002
Listing agency
Signature Real Estate Utah
(801) 815-6557
Listed by
Josh Floisand · License #UT 12167681-SA00
Source
Crexi
Added: Apr 3 Updated: Jul 21 at 6:36AM Checked: Jul 21 at 6:36AM
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
Investment Insights
Based on property information with market context.
This flex industrial condo combines office and warehouse use on the ground floor, totaling about 2,650 square feet based on provided estimates. The unit also includes an additional approximately 700 square feet of usable mezzanine space accessible by stairs, offering extra flexibility for storage or support space. Interior improvements include 20-foot ceilings and a heated warehouse environment. The property features an at-grade roll-up door and dedicated parking for the unit.
The offering is described as minutes from I-15, with the address at 2437 N 1500 W in Ogden, UT. Buyer to verify all information provided, as measurements are estimates.
The offering is described as minutes from I-15, with the address at 2437 N 1500 W in Ogden, UT. Buyer to verify all information provided, as measurements are estimates.
Key Highlights
- Ground‑floor flex industrial condo built in 2002
- 2,650 SF combined office and warehouse space on the ground floor
- About 700 SF of usable mezzanine space with stair access
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 | $58.7k | $17.52 |
| − Vacancy | −$4.8k | −$1.42 |
| EGI | $53.9k | $16.10 |
| − OpEx | −$13.5k | −$4.03 |
| NOI | $40.5k | $12.08 |
3,350 SF · lease $17.52/SF/yr · vacancy 8.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$577.9K
$505.7K – $674.2K
NOI $40,453 @ 7.0% cap · market cap 6.80%
Second Best
Warehouse
$357.3K
$312.7K – $416.9K
NOI $25,012 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$772.7K
$676.1K – $901.4K
NOI $54,086 @ 7.0% cap · market cap 9.09%
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 unit includes heated warehouse space, an at-grade roll-up door, and usable mezzanine with stair access.
Where is this flex space located?
The property is located at 2437 N 1500 W Ogden, UT.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Ground‑floor flex industrial condo built in 2002; 2,650 SF combined office and warehouse space on the ground floor; About 700 SF of usable mezzanine space with stair access
