Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Land with Existing Structure Title is generated by Realmo AI

    2985 S PENNSYLVANIA Ave W, Ogden, UT 84401

    View on Map
    Claim this Listing
    For Sale
    $599,999

    COMMERCIAL - Ogden, UT

    Lot size:
    0.37 Acres
    Added:
    Feb 20, 2026
    Days on Market:
    104
    Last Refresh:
    Jun 4 at 3:06 pm

    Property Features for 2985 S PENNSYLVANIA Ave W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    15-099-0002
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1648

    Building Details

    Year built
    1934

    We can help!

    Listing Contact
    Whitney Aldrich

    Listing agent Whitney Aldrich

    Listing office Equity Real Estate 3296 N 850 W, Ogden, UT

    Listing date Feb 20, 2026

    MLS# 2138407

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Year built: 1934
    • Current zoning: M2 (permitted uses per Ogden zoning ordinances)
    • Open yard space in front and behind the existing structure
    • Parcel sold with neighboring parcel 0.09 acres (#151300006) for total acreage of 0.46 acre
    • Seller financing available
    • No showings unless approved; do not disturb tenant

    Overview

    This sale includes an industrial land parcel in an Ogden commercial/industrial park with an existing structure positioned along the site. The property provides open yard space both in front of and behind the structure, supporting outdoor storage, staging, or other yard-oriented operations. The lot size listed for this parcel is 0.37 acres, and it is being sold together with a neighboring parcel (0.09 acres, parcel #151300006) for a combined total of 0.46 acres.

    The property is currently zoned M2. Buyers should reference the Ogden zoning ordinances for permitted uses under the M2 classification. Seller financing is available, and access is restricted: no showings will be scheduled unless approved, and tenants must not be disturbed.

    This configuration can suit tenants or owners looking for M2-compliant industrial activity combined with meaningful open yard area on the same site as an existing structure. Prospective users should confirm their intended use against the M2 permitted uses in the applicable zoning ordinances before pursuing a showing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Pharmacy Gym & Fitness Center Skin Care Clinic Auto Repair Shop Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Ogden
    County
    Weber
    State
    Utah
    Longitude
    -112.0067051
    Latitude
    41.20893

    Nearby Similar for Sale

    • $7,499,900
      51,345 SF

      Ogden Commercial Flex Building For Sale

      High-visibility office, warehouse, and flex building near Weber State University.
      3625 HARRISON Blvd, Ogden, UT 84403
      View Details
    • $595,000
      3,350 SF

      Ogden Flex Industrial Condo

      Flex industrial condo with office, warehouse, and mezzanine space.
      2437 N 1500 W, Ogden, UT 84404
      View Details
    • $809,000
      4,947 SF

      Ogden Income Property with Upside

      Legal triplex configured as four units with renovation.
      2946 OGDEN Ave, Ogden, UT 84403
      View Details
    • $995,000

      Ogden Commercial Property For Sale

      Commercial property suitable for various businesses in Ogden, Utah.
      350 HEALY, Ogden, UT 84401
      View Details
    • $2,990,000
      42,840 SF

      Ogden Commercial Buildings For Sale

      Three buildings in downtown Ogden near Frontrunner station.
      2386 WALL Ave, Ogden, UT 84401
      View Details
    • $524,900
      2,042 SF

      Ogden Home with Rental Unit

      Riverdale home with basement apartment, potential for single-family conversion.
      4372 S 700 W, Ogden, UT 84405
      View Details
    • $1,350,000
      42,746 SF

      Ogden Approved Townhome Project Land

      Entitled land for 24-unit townhome project in downtown Ogden.
      159 E 21ST St, Ogden, UT 84401
      View Details
    • $2,250,000
      5,320 SF

      Ogden Multifamily Investment Opportunity

      12-unit multifamily property in Ogden with immediate cash flow.
      1165 EDGEWOOD Dr, Ogden, UT 84403
      View Details
    • $879,000

      Former Church Building in Ogden

      Multi-purpose building with gymnasium, kitchen, classrooms, and large gathering space.
      3104 PORTER Ave, Ogden, UT 84403
      View Details
    • $1,475,000
      20,232 SF

      Ogden Redevelopment Opportunity

      0.92 acres zoned R-3EC in Ogden, Utah.
      705 23RD St, Ogden, UT 84401
      View Details
    • $800,000

      Ogden Land with Redevelopment Potential

      1.03-acre lot with redevelopment potential near Weber State University.
      768 W 24TH St S, Ogden, UT 84401
      View Details
    • $410,000
      1,652 SF

      Two-Unit Duplex with Rental Income

      Updated duplex offers two 2-bedroom units with rental income, parking, and a manageable yard on a .14-acre lot.
      2941 S MADISON Ave E, Ogden, UT 84403
      View Details

    FAQs

    What type of property is this?
    Industrial land - M2 zoned parcel with open yard space in front and rear, offered with adjacent land for added area.
    Where is this industrial land located?
    The property is located at 2985 S PENNSYLVANIA Ave W Ogden, UT.
    What is the asking price?
    The asking price for this property is $599,999.
    What are key features of this property?
    This property features: Year built: 1934; Current zoning: M2 (permitted uses per Ogden zoning ordinances); Open yard space in front and behind the existing structure
    (801) 864-5950
    We can help!
    Listing Contact
    Whitney Aldrich
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2985 S PENNSYLVANIA Ave W, Ogden, UT 84401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!