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Corner Flex Industrial Property

513 W Lake St Ogden, UT 84401

513 W Lake St, Ogden, UT, 84401
$504,000
For Sale
Claim this Listing
$504,000

Corner C-2 industrial property with a warehouse plus an attached space ready for office, studio, or workspace conversion.

Property Size2,468 SF
Lot Size0.19 Acres
Price / SF$204.21
AddedOct 27, 2025
Days on Market262
Last RefreshJun 26 at 2:15 am

Property Features for 513 W Lake St

General Information

Standard status
Active
Size
2,468 SF
Lot size
0.19 Acres

Listing office Better Homes and Gardens Real Estate Momentum (Kaysville)

Listing date Oct 27, 2025

Source Exprealty

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 Better Homes and Gardens Real Estate Momentum (Kaysville)


Investment Insights

Based on property information with market context.

This corner industrial and flex property is zoned C-2 Industrial and includes a 1,788 sq. ft. warehouse with two drive-up entrances, designed for trucks, vehicles, or equipment. An attached 680 sq. ft. area is currently available and ready to convert into an office, studio, or additional workspace right next to your shop. The lot size is 0.19 acres, with ample room for multiple vehicle parking to support business operations and customer access.

The site is described as quiet and easily accessible, with direct access to major roads and freeway connections. The property is surrounded by compatible industrial neighbors. The public remarks also note proximity to Observatory Park, Ogden Bike Trails, The Fort Disc Golf Course, downtown Ogden, and 24th & 25th Street, as well as local restaurants and transit. Buyer and broker to verify all information.

With warehouse space and drive-up access, the property can support a range of industrial and creative uses, including light manufacturing and shop-based operations. It is also described as suitable for warehouse, storage, fitness/training, or boutique retail, depending on the tenant’s buildout needs for the attached conversion space. Seller finance is available, and interested parties should contact the listing agent with questions.

Key Highlights

  • Corner property zoned C‑2 Industrial in an easily accessible location
  • 1,788 SF warehouse with two drive‑up entrances for trucks, vehicles, or equipment
  • Attached 680 SF area ready to convert into an office, studio, or additional workspace

Local Financial Insights For Office B

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 $43.2k $17.52
− Vacancy −$3.5k −$1.42
EGI $39.7k $16.10
− OpEx −$9.9k −$4.03
NOI $29.8k $12.08
2,468 SF · lease $17.52/SF/yr · vacancy 8.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$425.8K
$372.5K – $496.7K (±1% cap)
NOI $29,803 @ 7.0% cap · market cap 5.91%
Second Best
Warehouse
$263.2K
$230.3K – $307.1K (±1% cap)
NOI $18,427 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$569.2K
$498.1K – $664.1K (±1% cap)
NOI $39,846 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Dental Office Locksmith Catering Service Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Flex space - Corner C-2 industrial property with a warehouse plus an attached space ready for office, studio, or workspace conversion.
Where is this flex space located?
The property is located at 513 W Lake St Ogden, UT.
What is the asking price?
The asking price for this property is $504,000.
What are key features of this property?
This property features: Corner property zoned C‑2 Industrial in an easily accessible location; 1,788 SF warehouse with two drive‑up entrances for trucks, vehicles, or equipment; Attached 680 SF area ready to convert into an office, studio, or additional workspace
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