Warehouse with Nine Ground
For Sale
Contact for pricing
3549 N 2000 W, Ogden, UT 84404
Single warehouse totaling 29,125 SF with 18' clear height and nine 12x12 ground-level doors.
Property Size29,125 SF
Price / SF$171.67
Days on Market223
Property Features for 3549 N 2000 W
General Information
Standard status
Active
Size
29,125 SF
Property subtype
INDUSTRIAL
Lease Type
NNN
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
9
Additional Details
Highway Access
Yes
Listing Agency:
Mountain West - Corporate
(801) 456-8800
Listed By:
Branson Wood
(801) 510-5207
Source:
Moodyscre
Added: Jan 29
Changed: Aug 14
Last Checked: Sep 8 at 3:33AM
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 Mountain West - Corporate
Investment Insights
Based on property information with market context.
This warehouse offers a total size of 29,125 SF, with 18’ clear height designed to support practical logistics and storage needs. The building includes nine 12’ x 12’ ground-level doors, providing multiple direct loading points for day-to-day operations. A tenant improvement allowance is available, and ample parking is provided for vehicles and staff.
The property is positioned for freeway visibility and close access to I-15, supporting efficient connections for freight and deliveries.
Available space ranges from 3,160 SF up to 24,660 SF within the overall building footprint. Lease/operating expenses include $0.15/SF NNN fees.
The property is positioned for freeway visibility and close access to I-15, supporting efficient connections for freight and deliveries.
Available space ranges from 3,160 SF up to 24,660 SF within the overall building footprint. Lease/operating expenses include $0.15/SF NNN fees.
Key Highlights
- 29,125 SF warehouse total with 18' clear height
- Up to 3,160 SF available
- Nine 12' x 12' ground‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$217,459
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,349,180
$4.3M
Cap Rate 7%
$3,106,557
$3.1M
Cap Rate 9%
$2,416,211
$2.4M
Market Conditions
NOI Build-Up for 29,125 SF
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.
Gross rent
$262.1K $9.00/SF
− Vacancy
−$6.3K −$0.22/SF
EGI
$255.8K $8.78/SF
− OpEx
−$38.4K −$1.32/SF
NOI
$217.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,349,180
Cap Rate 7%
$3,106,557
Cap Rate 9%
$2,416,211
Alternative Uses
Best Use
Warehouse
$3.11M
$2.72M – $3.62M
NOI $217,459 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.72M
$5.88M – $7.84M
NOI $470,223 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
9
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84404, UT
66,382
Population
23,907
Households
2.8
Avg Household Size
32
Median Age
22%
College-Educated
89%
High-School Grad
96.3 sq mi
ZIP Area
689
Density / Sq Mi
$81,917
Median Household Income
$42,844
Median Earnings
$1,304
Median Rent
$352,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Single warehouse totaling 29,125 SF with 18' clear height and nine 12x12 ground-level doors.
Where is this warehouse located?
The property is located at 3549 N 2000 W Ogden, UT.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 29,125 SF warehouse total with 18' clear height; Up to 3,160 SF available; Nine 12' x 12' ground‑level doors
