Building Details

Building Size 8,400 SF

Year Built 1963

Listing Agency: Northern Realty Inc Show Phone

Listed By: Rose Alvarado Lozano Show Phone

Source: Liftrealty

Added: May 13 Changed: Oct 23 Last Checked: Oct 23 at 8:01AM

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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 Northern Realty Inc

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Investment Insights

Based on property information with market context.

The property consists of two connected buildings, with the front building described as somewhat smaller. The site is accessed through three entrances: one at the front of the building and one on each side of the building. A fenced side yard is included, providing defined outdoor space.

The property is located at 350 Healy in Ogden, Utah (84401). The configuration and multiple entry points may support a range of business setups, including an animal hospital, dog training, grooming, lodging, and other service-oriented uses.

It is also described as a potential fit for uses such as a mechanic shop and other office or light operational applications, depending on a tenant’s specific requirements.

Key Highlights

• Two connected buildings with 3 entrances—one at the front and one on each side of the main building
• Fenced side yard
• Year built: 1963

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$51,967

Cap Rate

5.22%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,039,340 $1.0M

Cap Rate 7%

$742,386 $742.4K

Cap Rate 9%

$577,411 $577.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 8,400 SF

Gross rent

$75.6K $9.00/SF

− Vacancy

−$1.4K −$0.16/SF

EGI

$74.2K $8.84/SF

− OpEx

−$22.3K −$2.65/SF

NOI

$52.0K $6.19/SF

Area

Weber County, UT

Vacancy

1.80%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,039,340

Cap Rate 7%

$742,386

Cap Rate 9%

$577,411

Alternative Uses

Best Use

Industrial

$742.4K

$649.6K – $866.1K (±1% cap)

NOI $51,967 @ 7.0% cap · market cap 5.22%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.94M

$1.70M – $2.26M (±1% cap)

NOI $135,618 @ 7.0% cap · market cap 13.63%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

The Builder Market General Contractor Wind River Timber ... Industrial Manufacturer

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Catering Service Pet Store Butcher

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

Lease Details

Yes

Fenced yard

Location Intelligence

Trade Area within ½ mile

826

Businesses Nearby

Explore this area 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

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

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Frequently Asked Questions

What type of property is this?

Manufacturing property - Two connected buildings with three entrances and a fenced side yard, suited for a variety of service uses.

Where is this manufacturing property located?

The property is located at 350 HEALY Ogden, UT.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Two connected buildings with 3 entrances—one at the front and one on each side of the main building; Fenced side yard; Year built: 1963