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Property profile & analytics
OFF-MARKET
Estimated value
$3,750,000
Warehouses
2250 1500th W Ogden, UT 84404-2647
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US86-0292302
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
35,000 SF
Lot
7.3 ac (317,988 SF)
Zoning code
03A
APN
19-060-0010
UPID
US86-0292302
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
by Request
CAP Approach
CAP
$4.21M
Comparable Approach
Comparable
$3.29M
Blend (final)
Blend
$3.75M
Owner & transaction history
R & H Christensen Holdings LLC · 10 yrs held
R & H Christensen Holdings LLC
since 2015
7 recorded transactions
Zoning & alternative use
03A · Ogden, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.8M
+126.8%
Medical building
$4.6M
+81.5%
Restaurant
$4.5M
+75.9%
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 Ogden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,555,000
6.5%
$4,205,000
7%
$3,905,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,555,000
Current use
OFFICE BUILDING
$5,790,000
Change: +127% · Conversion: Difficult
MEDICAL BUILDING
$4,635,000
Change: +82% · Conversion: Difficult
RESTAURANT
$4,490,000
Change: +76% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,240,000
Change: +27% · Conversion: Easy
RETAIL STORES
$2,980,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$3.75M
Range $3.38M – $4.13M · ±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
$107 / 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
$57,500
Tax year 2024
Assessed value
$5,637,999
Assessed 2024
Previous assessed
$4,797,000
+17.5% YoY
Effective rate
1.02%
On assessed value
Assessed land
$2,007,500
Assessed improvement
$3,630,499
Land market value
$2,007,500
Improvement market value
$3,630,499
Total market value
$5,637,999
Applied tax rate
17.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
1
Total area
35,000 SF
Lot
7.3 ac (317,988 SF)
Zoning code
03A
APN
19-060-0010
UPID
US86-0292302
Jurisdiction
WEBER
Zoning & alternative use
03A · Ogden, UT
Zoning 03A · permitted uses
03A · Ogden, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ogden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.6M
OFFICE BUILDING
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$4.6M
RESTAURANT
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$3.2M
RETAIL STORES
Est. value
$3.0M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
2
Lot
7.3 ac
Current owner
From public records · entity-resolved
R & H Christensen Holdings LLC
Entity
Mailing address
2250 N 1500TH W, OGDEN, UT 84404-2647
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2015
—
R & H Christensen Holdings LLC
Christensen Streamline Ents Ll
Quit Claim Deed
related
$600,000 · Bank Of Ut
Apr 7, 2003
—
Streamline Enterp Christensen
Bourns INC
Grant Deed
$200,000 · Bank Of Utah
Nov 1, 2001
—
Bourns INC
Stuart T Matheson Trustee
Grant Deed
related
—
May 31, 2000
—
Cryocon INC
Bourns INC
Grant Deed
$1,550,000 · Bourns INC
Apr 28, 1997
—
Bourns INC
Vermont American Corp
Grant Deed
related
—
Mar 4, 1997
—
Vermont American Corp
Weber County
Quit Claim Deed
related
—
—
—
Cryocon INC
—
Deed Of Trust
related
$100,000 · Amerifirst Foundation INC
—
—
Streamline Ents Ll Christensen
—
Deed Of Trust
related
$400,000 · Bank Of Utah
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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