Mixed-Use Retail and Storage
449 West 12th Street Ogden, UT 84404
449 West 12th Street, Ogden, UT, 84404
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For Sale
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Two-building retail and storage setup with yard leased on a rolling ground term, positioned along 12th Street in Ogden.
Property Size9,142 SF
Lot Size1.26 Acres
Price / SF$284.40
Days on Market54
Property Features for 449 West 12th Street
General Information
- Standard status
- Active
- Size
- 9,142 SF
- Lot size
- 1.26 Acres
- Property subtype
- Retail, Self Storage
Listing Agency
PPC Commercial Real Estate
Listed by
Ryan Wicknick · License #UT 5936251-SA00
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:49 pm Checked: Jul 20 at 4:25 am
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 PPC Commercial Real Estate
Investment Insights
Based on property information with market context.
12th Street Plaza is a mixed-use retail and storage investment property featuring two buildings on 1.26 acres. The retail building totals 4,824 SF and includes space for Crooked Cue (2,500 SF) plus a landlord leaseback area of 2,324 SF. A separate 4,318 SF storage building is occupied by US Properties. The property also includes approximately 0.33 acres of yard space leased to PODS on a ground lease with a 90-day rolling term.
The property is located at 449 West 12th Street and benefits from visibility and access on 12th Street, described as one of Ogden’s primary east-west corridors with 36,000 AADT. The surrounding retail corridor includes co-tenants such as WinCo Foods, Home Depot, Fresenius Medical Care, and Hunters Landing. In addition, the asset is supported by market demographics provided in the offering, including a 1-mile population of 10,891 and a median household income of $69,257.
For buyers, the combination of dedicated retail space, storage space, and a separately leased yard area creates a diversified operating mix within a stabilized arrangement, with the offering describing a 7% cap rate and long-term tenants in place. For operators and tenants, the property’s frontage/access along a major corridor is designed to support visibility for retail users and functional access for storage-oriented needs.
The property is located at 449 West 12th Street and benefits from visibility and access on 12th Street, described as one of Ogden’s primary east-west corridors with 36,000 AADT. The surrounding retail corridor includes co-tenants such as WinCo Foods, Home Depot, Fresenius Medical Care, and Hunters Landing. In addition, the asset is supported by market demographics provided in the offering, including a 1-mile population of 10,891 and a median household income of $69,257.
For buyers, the combination of dedicated retail space, storage space, and a separately leased yard area creates a diversified operating mix within a stabilized arrangement, with the offering describing a 7% cap rate and long-term tenants in place. For operators and tenants, the property’s frontage/access along a major corridor is designed to support visibility for retail users and functional access for storage-oriented needs.
Key Highlights
- Mixed‑use retail and storage investment at 449 W 12th St, Ogden, UT, with 36,000 AADT on 12th Street
- Two‑building setup on 1.26 acres: 4,824 SF retail building plus 4,318 SF storage building
- Retail building leased to Crooked Cue (2,500 SF) and includes a landlord leaseback space (2,324 SF)
Local Financial Insights For Retail
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 | $177.7k | $19.44 |
| − Vacancy | −$8.9k | −$0.97 |
| EGI | $168.8k | $18.47 |
| − OpEx | −$50.7k | −$5.54 |
| NOI | $118.2k | $12.93 |
9,142 SF · lease $19.44/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.69M
$1.48M – $1.97M
NOI $118,184 @ 7.0% cap · market cap 4.55%
Second Best
Self Storage
$1.02M
$892.7K – $1.19M
NOI $71,417 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M
NOI $147,598 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Two-building retail and storage setup with yard leased on a rolling ground term, positioned along 12th Street in Ogden.
Where is this self storage facility located?
The property is located at 449 West 12th Street Ogden, UT.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Mixed‑use retail and storage investment at 449 W 12th St, Ogden, UT, with 36,000 AADT on 12th Street; Two‑building setup on 1.26 acres: 4,824 SF retail building plus 4,318 SF storage building; Retail building leased to Crooked Cue (2,500 SF) and includes a landlord leaseback space (2,324 SF)
