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Ogden Warehouse on 2.5 Acres
For Sale
$9,000,000

3083 Scott Lane, Ogden, UT 84401

40,908 sq ft warehouse on 2.5 acres in Ogden.

Property Size40,908 SF
Lot Size2.50 Acres
Price / SF$220.01
Days on Market197

Property Features for 3083 Scott Lane

General Information

Standard status Active
Size 40,908 SF
Lot size 2.50 Acres
Property subtype Industrial
Listing Agency: CBRE | Salt Lake City
Listed By: Chris Liddell · License #6732634-SA00
Source: Cbre
Added: Mar 25 Changed: Sep 30 Last Checked: Oct 5 at 4:04PM

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 CBRE | Salt Lake City

Investment Insights

Based on property information with market context.

Located on the corner of Scott Lane and Commerce Way in Ogden, this property features a 40,908 sq ft building situated on 2.5 acres. The building includes 11,836 sq ft of office space, accounting for 28.9% of the total area. It is equipped with eight dock-high doors and one ground-level door. The clear height within the warehouse is 24 feet. The property coverage is 37.5%. The property is currently occupied and will be available in June 2027.

Key Highlights

  • Building size: 40,908 sq. ft.
  • Located on 2.5 acres at the corner of Scott Lane and Commerce Way
  • Office space: 11,836 sq. ft. (28.9% of building)**

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$305,435
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,108,700 $6.1M
Cap Rate 7%
$4,363,357 $4.4M
Cap Rate 9%
$3,393,722 $3.4M
Market Conditions
NOI Build-Up for 40,908 SF
Gross rent
$368.2K $9.00/SF
− Vacancy
−$8.8K −$0.22/SF
EGI
$359.3K $8.78/SF
− OpEx
−$53.9K −$1.32/SF
NOI
$305.4K $7.47/SF
Area
Weber County, UT
Vacancy
2.40%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,108,700
Cap Rate 7%
$4,363,357
Cap Rate 9%
$3,393,722

Alternative Uses

Best Use
Warehouse
$4.36M
$3.82M – $5.09M (±1% cap)
NOI $305,435 @ 7.0% cap · market cap 3.39%
Second Best
Industrial
$3.62M
$3.16M – $4.22M (±1% cap)
NOI $253,081 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$9.44M
$8.26M – $11.01M (±1% cap)
NOI $660,459 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Codale Electric Supply Building Supply

Suggested Use

Top Pick Law Firm Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store Grocery & Convenience Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

401
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - 40,908 sq ft warehouse on 2.5 acres in Ogden.
Where is this warehouse located?
The property is located at 3083 Scott Lane Ogden, UT.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Building size: 40,908 sq. ft.; Located on 2.5 acres at the corner of Scott Lane and Commerce Way; Office space: 11,836 sq. ft. (28.9% of building)**
More about this property
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