Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12Th St Ogden, UT 84404

    • Retail properties
    • 7,601 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 12Th St

    Property size
    7,601 SF
    Property type
    Retail properties

    Description

    The Commons at Ogden offers a fantastic retail leasing opportunity in the heart of Ogden, Utah. This vibrant commercial property, located at the southwest corner of Wall Avenue and 12th Street (84404), features a total of 7,601 square feet of retail space. Currently, there is 2,600 square feet of vacant space available, perfectly suited for a single tenant seeking a 1,300 square foot unit. The minimum leasable space is 1,300 square feet, and the maximum contiguous space available is also 1,300 square feet. This makes it an ideal location for a variety of businesses seeking a prominent presence in a busy Ogden commercial area. The property is categorized as multi-tenant, indicating a dynamic and thriving environment. Situated in Weber County, this location benefits from excellent visibility and accessibility, making it an attractive option for businesses looking to establish or expand their operations. The property's address is easily accessible and provides ample opportunity for customer traffic and brand recognition. This is a rare opportunity to secure a well-located retail space in a growing market. Inquire today to learn more about this exceptional leasing opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ogden
    County
    Weber
    State
    Utah
    Longitude
    -111.978
    Latitude
    41.2443

    Comparable in this City

    • Value Estimation by Request
      2.31 Acres

      765 Harrisville Rd

      Land • 2.31 Acres
      765 Harrisville Rd, Harrisville, UT 84404
      View Details
    • Value Estimation by Request
      1,882 SF

      599 Washington Blvd

      Retail properties • 1,882 SF
      599 Washington Blvd, Ogden, UT 84404
      View Details
    • Value Estimation by Request
      175,000 SF

      1200 At S 1900

      Life science properties • 175,000 SF
      1200 At S 1900, West Haven, UT 84404
      View Details
    • Value Estimation by Request
      0.89 Acres

      1815 2700

      Land • 0.89 Acres
      1815 2700, Ogden, UT 84404
      View Details
    • Value Estimation by Request
      5.00 Acres

      1665 1200

      Specialty properties • 5.00 Acres
      1665 1200, Marriott-Slaterville, UT 84404
      View Details
    • Value Estimation by Request

      1207 Washington Blvd

      Retail properties
      1207 Washington Blvd, Ogden, UT 84404
      View Details

    Similar Nearby for Sale

    • $850,000
      2.31 Acres

      Harrisville Road Commercial Land

      2.31 acres, prime commercial location.
      765 Harrisville Rd, Harrisville, UT 84404
      View Details
    • $1,650,000
      2.77 Acres

      797 Washington Blvd, Harrisville, UT 84404

      Retail properties • 2.77 Acres
      797 Washington Blvd, Harrisville, UT 84404
      View Details
    • $604,000
      0.99 Acres

      Harrisville Road Industrial Land

      0.99-acre industrial lot, high traffic.
      493 Harrisville Rd, Ogden, UT 84404
      View Details
    • $720,000
      3,358 SF

      Retail Property Near Highway 89

      Retail property with quick access to Highway 89 and amenities.
      3951 Adams Ave, Ogden, UT 84404
      View Details
    • $450,000

      Harrisville Commercial Land - 1.4 Acres

      Prime Hwy 89 location, ideal for development.
      2000 Hwy 89 Hwy, Harrisville, UT 84404
      View Details
    • $1,800,000
      4,438 SF

      Two-Story Building with Drive-Thru Lanes

      Two-story, 4,438 SF building with three drive-thru lanes.
      321 2Nd St, Ogden, UT 84404
      View Details

    Similar Nearby for Lease

    • $17,528 /Mo
      38,768 SF

      Farr West Commercial Ground Lease

      Prime 0.89-acre commercial lot, high visibility.
      1815 2700, Ogden, UT 84404
      View Details
    • $180 SF/Yr
      7,912 SF

      Ogden Retail Building - Great Location

      7,912 SF Retail Space, Ample Parking
      817 Wall Ave, Ogden, UT 84404
      View Details
    • Contact for pricing
      175,000 SF

      12th Street Exchange: Utah Flex Space

      West Haven, UT flex/R&D space available
      1200 At S 1900, West Haven, UT 84404
      View Details
    • $1,275 /Mo

      MS

      Office/Retail space, right off of 12th Street!
      785 12Th St UNIT C, Ogden, UT 84404
      View Details
    • Contact for pricing
      3,200 SF

      Prime Retail Site: Washington Blvd

      0.7-acre retail parcel, build-to-suit.
      1775 Washington Blvd, Ogden, UT 84404
      View Details
    • $0.85 SF/Yr
      31,604 SF

      Ogden Retail Anchor Space Available

      Anchor space in community center with high visibility and traffic.
      145 N Harrisville Rd, Ogden, UT 84404
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12Th St
    Ogden, UT 84404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.