Property profile

1037 E Chambers St S South Ogden, UT 84403

FOR SALE
Auto shops
Property ID
US86-0691961
4,602 SF 0.48 ac lot Built 2013
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional .48-acre commercial land parcel presents a unique investment opportunity in South Ogden, Utah. Located at 1037 Chambers St, 84403, this property boasts a highly desirable Neighborhood Commercial zoning designation, opening doors to a wide range of commercial ventures. Its strategic location on a hard corner ensures maximum visibility and accessibility, further enhanced by an average daily traffic count exceeding 28,000 vehicles. The expansive lot size provides ample space for development, making it ideal for businesses requiring significant footprint. The property's zoning specifically allows for drive-through capabilities, a highly sought-after feature for many modern businesses. This presents a significant advantage in attracting customers and maximizing operational efficiency. The asking price for this exceptional property is $650,000. A ground lease option is also available for qualified buyers, offering added flexibility and investment potential. This is a rare opportunity to acquire a prime commercial lot in a thriving area with significant development potential. Don't miss out on this chance to secure a valuable asset in a high-growth market. Contact us today to learn more and schedule a showing.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2013
Construction WOOD FRAME
Total area 4,602 SF
Lot 0.48 ac (20,995 SF)
APN 07-737-0001
UPID US86-0691961

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1037 E Chambers St S South Ogden, UT 84403
South Ogden metro Census 210900 OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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