Industrial Warehouse with Secure
For Sale
Contact for pricing
874 West 26th Street, Ogden, UT 84401
Tenant-occupied industrial property with warehouse, office, covered loading dock, and secure outdoor storage.
Property Size13,780 SF
Lot Size1.04 Acres
Price / SF$143.32
Days on Market11
Property Features for 874 West 26th Street
General Information
Standard status
Active
Size
13,780 SF
Lot size
1.04 Acres
Property subtype
Industrial, Mixed Use
Zoning
M-2
Occupancy
100%
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Listing Agency:
Crest Realty
Listed By:
Aaron McCrady · License #UT 7126957-AB00
(801) 476-9500
Source:
Crexi
Added: Sep 14
Changed: Sep 20
Last Checked: Sep 22 at 1:23PM
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 Crest Realty
Investment Insights
Based on property information with market context.
This tenant-occupied industrial property combines approximately 13,780 square feet of improvements with approximately 1.04 acres of land. The improvements include a ±4,500 SF warehouse, a ±6,400 SF warehouse and office building, and a ±2,880 SF covered raised loading dock. A secure yard provides outdoor space for equipment, vehicles, or inventory, while the building mix supports warehouse and office functions.
The property is zoned Ogden City M-2 and sits one block from the freeway, with access to downtown Ogden and major roadways. Existing occupancy, covered loading infrastructure, and secured outdoor storage are established property features. Additional property information and showing instructions are available through the listing broker.
The property is zoned Ogden City M-2 and sits one block from the freeway, with access to downtown Ogden and major roadways. Existing occupancy, covered loading infrastructure, and secured outdoor storage are established property features. Additional property information and showing instructions are available through the listing broker.
Key Highlights
- Approximately 13,780 square feet of improvements on approximately 1.04 acres
- ±4,500 SF warehouse building
- ±6,400 SF warehouse and office building
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
$105,727
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
5.35%
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%
$2,114,540
$2.1M
Cap Rate 7%
$1,510,386
$1.5M
Cap Rate 9%
$1,174,744
$1.2M
Market Conditions
NOI Build-Up for 13,780 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
$181.9K $13.20/SF
− Vacancy
−$12.7K −$0.92/SF
EGI
$169.2K $12.28/SF
− OpEx
−$63.4K −$4.60/SF
NOI
$105.7K $7.67/SF
Area
Weber County, UT
Vacancy
7.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
37.50%
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%
$2,114,540
Cap Rate 7%
$1,510,386
Cap Rate 9%
$1,174,744
Alternative Uses
Best Use
Mixed Use
$1.51M
$1.32M – $1.76M
NOI $105,727 @ 7.0% cap · market cap 5.35%
Second Best
Warehouse
$1.47M
$1.29M – $1.71M
NOI $102,887 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$3.18M
$2.78M – $3.71M
NOI $222,478 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Tenant-occupied industrial property with warehouse, office, covered loading dock, and secure outdoor storage.
Where is this warehouse located?
The property is located at 874 West 26th Street Ogden, UT.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Approximately 13,780 square feet of improvements on approximately 1.04 acres; ±4,500 SF warehouse building; ±6,400 SF warehouse and office building
