Multi-Building Self-Storage
For Sale
$1,250,000
3272 Stephens Avenue, Ogden, UT 84401
Self-storage investment with 86 units across four buildings on 0.68 acres in Ogden.
Property Size13,525 SF
Lot Size0.68 Acres
Price / SF$92.42
Days on Market152
Property Features for 3272 Stephens Avenue
General Information
Standard status
Active
Size
13,525 SF
Lot size
0.68 Acres
Property subtype
IND, IND-STOR
Building Details
Year Built
1992
Listing Agency:
KW Utah Realtors Keller Williams (Brickyard)
Listed By:
Shad Selmos · License #9241614SA00
(385) 247-9382
Source:
Realnex
Added: May 26
Changed: Jul 22
Last Checked: Oct 23 at 3:20AM
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 KW Utah Realtors Keller Williams (Brickyard)
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Investment Insights
Based on property information with market context.
This multi-building self-storage facility totals approximately 13,525 square feet and includes 86 storage units across four separate buildings. The unit mix includes 10 units measuring 5' x 10' x 8', 10 units measuring 12' x 35' x 12', and 66 units measuring 9' x 15' x 9'. The property is being offered as a self-storage investment with in-place income.
Located on Stephens Avenue in Ogden within an established commercial corridor, the facility is positioned to serve local demand for affordable storage in Northern Utah.
From an operational standpoint, the configuration of three distinct unit sizes provides a range of storage options while maintaining a straightforward, multi-building layout.
Located on Stephens Avenue in Ogden within an established commercial corridor, the facility is positioned to serve local demand for affordable storage in Northern Utah.
From an operational standpoint, the configuration of three distinct unit sizes provides a range of storage options while maintaining a straightforward, multi-building layout.
Key Highlights
- Approximately 13,525 SF self‑storage investment property on 0.68 acres in Ogden
- 86 total storage units across four buildings
- Unit mix: 10 units (5' x 10' x 8')
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,657
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,113,140
$2.1M
Cap Rate 7%
$1,509,386
$1.5M
Cap Rate 9%
$1,173,967
$1.2M
Market Conditions
NOI Build-Up for 13,525 SF
Gross rent
$162.3K $12.00/SF
− Vacancy
−$11.4K −$0.84/SF
EGI
$150.9K $11.16/SF
− OpEx
−$45.3K −$3.35/SF
NOI
$105.7K $7.81/SF
Area
Weber County, UT
Vacancy
7.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,113,140
Cap Rate 7%
$1,509,386
Cap Rate 9%
$1,173,967
Alternative Uses
Best Use
Self Storage
$1.51M
$1.32M – $1.76M
NOI $105,657 @ 7.0% cap · market cap 8.45%
Second Best
Warehouse
$1.44M
$1.26M – $1.68M
NOI $100,983 @ 7.0% cap · market cap 8.08%
Theoretical Best
Office A
$3.12M
$2.73M – $3.64M
NOI $218,361 @ 7.0% cap · market cap 17.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage investment with 86 units across four buildings on 0.68 acres in Ogden.
Where is this self storage facility located?
The property is located at 3272 Stephens Avenue Ogden, UT.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 13,525 SF self‑storage investment property on 0.68 acres in Ogden; 86 total storage units across four buildings; Unit mix: 10 units (5' x 10' x 8')
