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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Individual retail properties
1221 5800th S South Ogden, UT 84405-7139
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US86-0583556
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,054 SF
Lot
8.4 ac (365,904 SF)
Zoning code
03A
APN
07-080-0031
UPID
US86-0583556
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$868k
Blend (final)
Blend
$725k
Owner & transaction history
Oac Athletic LLC · 16 yrs held
Oac Athletic LLC
since 2009
6 recorded transactions
Zoning & alternative use
03A · South Ogden, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$910,000
+78.2%
Warehouse, storage
$800,000
+56.4%
Office building
$670,000
+30.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs South Ogden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Ogden submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GYM, HEALTH SPA
$510,000
Current use
COMMERCIAL (GENERAL)
$910,000
Change: +78% · Conversion: Difficult
WAREHOUSE, STORAGE
$800,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$670,000
Change: +31% · Conversion: Difficult
MEDICAL BUILDING
$480,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$179 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$40,661
Tax year 2024
Assessed value
$3,321,999
Assessed 2024
Previous assessed
$3,134,000
+6.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$630,000
Assessed improvement
$2,691,999
Land market value
$630,000
Improvement market value
$2,691,999
Total market value
$3,321,999
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Total area
4,054 SF
Lot
8.4 ac (365,904 SF)
Zoning code
03A
APN
07-080-0031
UPID
US86-0583556
Jurisdiction
WEBER
Zoning & alternative use
03A · South Ogden, UT
Zoning 03A · permitted uses
03A · South Ogden, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Ogden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
GYM, HEALTH SPA Current
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$910,000
WAREHOUSE, STORAGE
Est. value
$800,000
OFFICE BUILDING
Est. value
$670,000
MEDICAL BUILDING
Est. value
$480,000
GYM, HEALTH SPA Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
8.4 ac
Current owner
From public records · entity-resolved
Oac Athletic LLC
Entity
Mailing address
1221 E 5800TH S, OGDEN, UT 84405-7139
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2018
—
Oac Athletic LLC
—
Deed
related
$1,800,000 · American Riviera Bk
Dec 31, 2009
—
Oac Athletic LLC
The Ritchie Corporation
Warranty Deed
$1,500,000 · Ritchie Corporation
—
—
Ogden Athletic Club
—
Deed Of Trust
related
$1,591,071 · First Security Bank
—
—
Oac Athletic LLC
—
Deed Of Trust
related
$1,800,000 · American Riviera Bk
—
—
Oac Athletic LLC
—
Deed Of Trust
related
$1,700,000 · Wells Fargo Bk Nw NA
—
—
Ritchie Corp
—
Deed Of Trust
related
$1,000,000 · Wells Fargo Bank Northwest NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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