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Office/Warehouse Flex Building

2775 Midland Drive Ogden, UT 84401

2775 Midland Drive, Ogden, UT, 84401
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Large office/warehouse building with quick freeway access in the Ogden Commercial & Industrial Park.

Property Size26,112 SF
Price / SF$176.16
AddedJul 3
Days on Market13
Last RefreshJul 9 at 2:34 am

Property Features for 2775 Midland Drive

General Information

Standard status
Active
Size
26,112 SF
Property subtype
Retail, Office, Industrial

Building Details

Year Built
1997

Listing office RE/MAX Associates

Listing date Jul 3, 2026

Source Crexi

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 RE/MAX Associates


Investment Insights

Based on property information with market context.

This office/warehouse flex building is offered for sale and totals 26,112 square feet. The property is designed to support both office and warehouse needs within a single facility.

Located in the Ogden Commercial & Industrial Park, the building provides quick freeway access, supporting convenient regional connectivity for business operations.

The offering combines office space with warehouse functionality, offering an integrated layout for users who need workplace and storage under one roof.

Key Highlights

  • 26,112 SF office/warehouse building built in 1997
  • Office/warehouse property located in the Ogden Commercial & Industrial Park
  • Quick freeway 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 $457.5k $17.52
− Vacancy −$37.1k −$1.42
EGI $420.4k $16.10
− OpEx −$105.1k −$4.03
NOI $315.3k $12.08
26,112 SF · lease $17.52/SF/yr · vacancy 8.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$4.50M
$3.94M – $5.26M (±1% cap)
NOI $315,320 @ 7.0% cap · market cap 6.85%
Second Best
Warehouse
$2.79M
$2.44M – $3.25M (±1% cap)
NOI $194,963 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$6.02M
$5.27M – $7.03M (±1% cap)
NOI $421,578 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

KK Mechanical, Inc. General Contractor

Suggested Use

Grocery & Convenience Store (Bike/Boat/Book/etc) Store Spa & Massage Center Skin Care Clinic Veterinary Clinic Barber Shop Real Estate Agency Nail Salon Pet Grooming Service Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Large office/warehouse building with quick freeway access in the Ogden Commercial & Industrial Park.
Where is this flex space located?
The property is located at 2775 Midland Drive Ogden, UT.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 26,112 SF office/warehouse building built in 1997; Office/warehouse property located in the Ogden Commercial & Industrial Park; Quick freeway access
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