Property profile

1498 E 5600 S Ogden, UT 84403

FOR SALE
Grocery and convenience stores
Property ID
US86-0556397
4,368 SF 0.91 ac lot Built 1977
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This 840-square-foot, vacant QSR/fast food building in Ogden, Utah, is available for $775,000. Completely renovated in 2023, it features a drive-thru and sits on a 0.91-acre lot with 12 parking spaces. The property boasts a General Commercial zoning designation, offering flexibility for various uses. Its prime location on E 5600 S in a dense retail corridor benefits from high visibility and traffic counts exceeding 33,500 vehicles per day on nearby intersections, plus 20,300 vehicles daily on nearby Interstate 84. The area includes strong national tenants like Walmart, Walgreens, and Starbucks, creating significant synergy and consumer draw. Proximity to Bonneville High School (1,361 students) and Ogden Regional Medical Center (238 beds) further enhances traffic and customer base. The 5-mile trade area encompasses over 129,000 residents and 63,000 employees, with a 1-mile average household income of $140,131. The property is a fee simple ownership (land and building) and presents an excellent ground lease or build-to-suit opportunity. Built in 1977, the property's APN is 07-004-0045. This is a rare chance to acquire a well-located, renovated property in a thriving market.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,368 SF
Lot 0.91 ac (39,640 SF)
Zoning code 03A
APN 07-004-0045
UPID US86-0556397

Cap rate & NOI

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

Location

1498 E 5600 S Ogden, UT 84403
Ogden metro Census 210900 OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2016
Price N/A
2014
Price N/A

Zoning & alternative use

03A · South Ogden, UT

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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