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Multi-Building Self-Storage Facility

3272 Stephens Avenue Ogden, UT 84401

3272 Stephens Avenue, Ogden, UT, 84401
$1,250,000
For Sale
$1,250,000

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 Market58

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 Keller Williams Sun Valley Southern Idaho
Listed by Shad Selmos · License #SP45778
Source Realnex
Added: May 26 Updated: Jul 22 at 5:17PM Checked: Jul 22 at 5:17PM

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 Keller Williams Sun Valley Southern Idaho


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.

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')

Local Financial Insights For Self Storage

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 $162.3k $12.00
− Vacancy −$11.4k −$0.84
EGI $150.9k $11.16
− OpEx −$45.3k −$3.35
NOI $105.7k $7.81
13,525 SF · lease $12.00/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,657 @ 7.0% cap · market cap 8.45%
Second Best
Warehouse
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,983 @ 7.0% cap · market cap 8.08%
Theoretical Best
Office A
$3.12M
$2.73M – $3.64M (±1% cap)
NOI $218,361 @ 7.0% cap · market cap 17.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Dental Office Real Estate Agency Parking Lot & Garage Hotel & Motel Butcher Wine and Liquor Store (Bike/Boat/Book/etc) Store Food Market Tanning Salon (Bike/Boat/Book/etc) Store

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

FAQs

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')
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