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    1159 12Th St Ogden, UT 84404

    Sponsored
    For Sale
    $3,100,000

    Prime Ogden medical office, owner-user opportunity.

    Property size:
    13,434 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,434-square-foot medical office building in Ogden, Utah, presents a fantastic owner-user opportunity. Located at 1159 12th St, Ogden, UT 84404, this Class B building sits on a 1.55-acre lot and boasts 79 on-site parking stalls. The property is zoned PI (Professional/Institutional) and features existing medical improvements throughout, minimizing upfront renovation costs. The asking price is $3,100,000, translating to $230.76 per square foot. The building is ready for occupancy on January 23, 2024. Significant tenant improvement allowances are available for the buyer, making this a highly attractive investment. This prime location in Weber County offers excellent visibility and accessibility, making it ideal for a variety of medical practices. Don't miss this chance to acquire a well-maintained, established medical office building in a thriving Utah market. The property's existing medical improvements and ample parking provide immediate operational advantages. The generous tenant improvement allowance further enhances the value proposition for the discerning buyer.

    Property Features for 1159 12Th St

    General Information

    Property type
    Medical offices
    Square Feet
    13,434 SF
    Class
    B

    Building Details

    Buildings
    1

    HighLights

    • 13,434 SF medical office building in Ogden, UT, owner‑user opportunity.
    • Located at 1159 12th St, Ogden, UT 84404, on a 1.55‑acre lot with 79 parking spaces.
    • Class B building, PI zoning, existing medical improvements.
    • $3,100,000 asking price ($230.76/SF), available January 23, 2024.
    • Significant tenant improvement allowances available.
    Property Profile Location Intelligence

    Current Use by Public Records

    David Nemetz, MD Family Practice Physician Shelby Holmes Nurse Practitioner Kerry Reynolds Physician Assistant Ortega Catherine Nursing Agency Williamson Toni Nursing Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ogden
    County
    Weber
    State
    Utah
    Longitude
    -111.94934721144
    Latitude
    41.243903481518

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    FAQs

    What type of property is this?
    Medical office - Prime Ogden medical office, owner-user opportunity.
    Where is this medical office located?
    The property is located at 1159 12Th St Ogden, UT.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: 13,434 SF medical office building in Ogden, UT, owner-user opportunity.; Located at 1159 12th St, Ogden, UT 84404, on a 1.55-acre lot with 79 parking spaces.; Class B building, PI zoning, existing medical improvements.
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    Realmo Value Estimation

    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.

    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.

    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
    1159 12Th St Ogden, UT 84404
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