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    Property profile & analytics

    1481 Riverdale Rd Ogden, UT 84405-3907

    • Automotive properties
    • 45,160 SF
    • 10.93 lot acres
    OFF-MARKET
    Last Sale
    Dec 28, 2021
    Value Estimations
    $2,980,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US86-0629934
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chrysler Jeep Dodge Ram Riverdale Service Department / Auto Repair Shop
    • Larry H. Miller Chrysler Jeep Dodge Ram Riverdale / Car Dealership / Auto Repair Shop
    • Chrysler Jeep Dodge Ram Riverdale Parts Department / Auto Parts Store

    Property Details for 1481 Riverdale Rd

    Year built
    2011
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    10.93 lot acres
    Property size
    45,160 SF
    Property type
    Automotive properties
    APN
    08-522-0001
    APU
    85220001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $2,070,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,887,000
      Market price range: $2.06M - $3.90M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,995,000
      Current use
      RESTAURANT
      $4,535,000
      Change: +51% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $3,100,000
      Change: +3% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ogden
    County
    Weber
    State
    Utah
    Longitude
    -112.014
    Latitude
    41.1724
    CBSA code
    36260
    CBSA name
    OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $98,993
    $4,208,052
    $5,642,948
    $9,851,000
    -
    $4,208,052
    $5,642,948
    $9,851,000

    Comparable in this City

    • Value Estimation
      $1,195,000
      20,788 SF

      3920 Riverdale Rd

      VEHICLE SALES, RENTALS • 20,788 SF
      3920 Riverdale Rd, South Ogden, UT 84405-1516
      View Details
    • Value Estimation
      $2,245,000
      31,400 SF

      4020 Riverdale Rd

      VEHICLE SALES, RENTALS • 31,400 SF
      4020 Riverdale Rd, South Ogden, UT 84405-1518
      View Details
    • Value Estimation
      $3,550,000
      58,488 SF

      Ogden, UT 84405

      VEHICLE SALES, RENTALS • 58,488 SF
      Ogden, UT 84405
      View Details
    • Value Estimation by Request
      7,010 SF

      Ogden, UT 84405

      VEHICLE SALES, RENTALS • 7,010 SF
      Ogden, UT 84405
      View Details
    • Value Estimation
      $770,000
      10,888 SF

      5212 Fwy Park Dr

      VEHICLE SALES, RENTALS • 10,888 SF
      5212 Fwy Park Dr, Riverdale, UT 84405-4063
      View Details
    • Value Estimation
      $960,000
      7,200 SF

      Ogden, UT 84405

      VEHICLE SALES, RENTALS • 7,200 SF
      Ogden, UT 84405
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,439 SF

      Ogden Convenience Store for Sale

      High-traffic retail space, excellent location.
      6024 1550, Ogden, UT 84405
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    • Contact for pricing
      93,592 SF

      Retail Property in High-Growth Market

      Retail property with stable tenants in a prime location.
      4185 Riverdale Rd, Riverdale, UT 84405
      View Details
    • New
      $1,275,000
      7,000 SF

      Architectural Wonder in South Ogden

      Almost new 4-plex near amenities and Weber State University.
      302 40Th St, South Ogden, UT 84405
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    • $265,000
      1.80 Acres

      Riverdale Land with Fruit Trees

      Nearly 2 acres in Riverdale with spectacular views and fruit trees.
      5973 S Weber Dr, Riverdale, UT 84405
      View Details
    • New
      $559,900
      2,516 SF

      South Ogden Duplex Investment Opportunity

      Duplexes in quiet neighborhood, updated, and fully occupied.
      4055 S Hillcrest Cir, South Ogden, UT 84405
      View Details
    • New
      $800,000
      2.21 Acres

      South Weber Land Opportunity

      Strategically located land suitable for commercial or residential development.
      6525 S 475 E, South Weber, UT 84405
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,125 SF

      Retail Space in Regional Center

      Retail spaces available in a high-traffic regional power center.
      1061-1067 W Riverdale Rd, Ogden, UT 84405
      View Details
    • Contact for pricing
      19,353 SF

      Riverdale Retail Center Investment

      Prime Riverdale retail space, high traffic.
      1140 Riverdale Rd, Riverdale, UT 84405
      View Details
    • Contact for pricing
      5,000 SF

      Dominant Retail Center Space Available

      Retail space available in a high-traffic shopping center.
      1071-1103 W Riverdale Rd, Ogden, UT 84405
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space on Riverdale Road

      Retail space available for sublease with high traffic counts.
      4050-4074 Riverdale Rd, Riverdale, UT 84405
      View Details
    • Contact for pricing
      95,950 SF

      Riverdale Retail Space - Huge Potential

      95,950 SF Retail Space Available
      4045 Riverdale Rd, Riverdale, UT 84405
      View Details
    • Contact for pricing
      93,920 SF

      Prominent Retail Space on Riverdale

      Retail space in a prominent power center on Riverdale Road.
      4045-4113 Riverdale Rd, Ogden, UT 84405
      View Details
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    1481 Riverdale Rd
    Ogden, UT 84405-3907
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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
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