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    1853 Washington Blvd North Ogden, UT 84414

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    For Sale
    Contact for pricing

    Ogden, UT retail land for sale. High-traffic location.

    Property size:
    3,600 SF

    Property Features for 1853 Washington Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    3,600 SF

    We can help!

    Listing Contact
    Scott Brady
    Scott Brady

    Listing Agency: Mountain West CRE Listing Agent: Scott Brady

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Valora North Ogden offers exceptional retail land opportunities in a thriving Ogden, Utah location. Multiple parcels ranging from 0.50 to 1.37 acres are available for purchase, presenting a unique chance to develop in a high-growth area. One 0.96-acre parcel on a hard corner is currently under contract. The available lots are ideally suited for various retail developments, accommodating buildings ranging in size from 3,600 square feet (suitable for a drive-thru) to 11,400 square feet for a main-level retail building, or a 6,000 square foot multi-tenant structure. This prime location benefits from its proximity to the Village at Prominence Point, a substantial residential development comprising 482 apartment units across numerous buildings, 12 townhomes, and two clubhouses with amenities. This established residential community provides a built-in customer base for retail businesses. The property is situated at 1853 North Washington Blvd, Ogden, UT 84414, in Weber County. Contact for pricing and further details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    North Ogden
    County
    Weber
    State
    Utah
    Longitude
    -111.9641728
    Latitude
    41.3248634

    Nearby Similar for Sale

    • Contact for pricing
      11,400 SF

      Retail Space Near Prominence Point

      Retail space surrounded by a large residential community.
      1853 N Washington Blvd, North Ogden, UT
      View Details

    FAQs

    What type of property is this?
    Retail property - Ogden, UT retail land for sale. High-traffic location.
    Where is this retail property located?
    The property is located at 1853 Washington Blvd North Ogden, UT.
    What are key features of this property?
    This property features: 0.50 to 1.37-acre parcels available for sale in Ogden, Utah.; Lots accommodate 3,600 SF drive-thru, 6,000 SF multi-tenant building, or 11,400 SF main level retail building.; Located near Village at Prominence Point, a large apartment complex with numerous amenities.
    (801) 456-8800 Call to check price and availability
    Request Owner's contact information
    1853 Washington Blvd North Ogden, UT 84414
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    North Ogden, UT 84414
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1853 Washington Blvd North Ogden, UT 84414
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Scott Brady
    Scott Brady
    Real Estate License ID: 5500481-SA00
    (801) 456-8800 (801) 456-8804
    Learn more
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