Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2490 Wall Ave Ogden, UT 84401-3057

    • Office buildings
    • 5,788 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimations
    $1,025,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US86-0274742
    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

    • Union Station Water Tower / Tourist Attraction
    • Child Richards CPAs & Advisors / Accountant
    • Capitol Payroll LLC / Accountant / Business To Business Service
    • Wood Richards and Associates PC Royce J Richards JD CPA / Accountant
    • Wood Richards & Associates: Dennis S Porter CPA / Accountant / Estate Planning Attorney

    Property Details for 2490 Wall Ave

    Year built
    1998
    Construction
    WOOD FRAME
    Lot size
    0.13 lot acres
    Property size
    5,788 SF
    Property type
    Office buildings
    APN
    01-090-0004
    APU
    10900004

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,245,000
      6.5%
      $1,145,000
      7%
      $1,065,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $905,000
      Market price range: $293k - $1.55M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $755,000
      Current use
      COMMERCIAL (GENERAL)
      $1,175,000
      Change: +56% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ogden
    County
    Weber
    State
    Utah
    Longitude
    -111.979
    Latitude
    41.221
    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
    $12,946
    $86,820
    $938,180
    $1,025,000
    -
    $86,820
    $938,180
    $1,025,000

    Comparable in this City

    • Value Estimation
      $1,720,000
      15,000 SF

      2487 1620th W

      OFFICE BUILDING • 15,000 SF
      2487 1620th W, Ogden, UT 84401-4503
      View Details
    • Value Estimation
      $1,515,000
      8,076 SF

      1963 1900th W

      OFFICE BUILDING • 8,076 SF
      1963 1900th W, West Haven, UT 84401-0240
      View Details
    • Value Estimation by Request
      864 SF

      2496 1900th W

      OFFICE BUILDING • 864 SF
      2496 1900th W, West Haven, UT 84401-3218
      View Details
    • Value Estimation
      $22,830,000
      119,043 SF

      164 24th St

      OFFICE BUILDING • 119,043 SF
      164 24th St, Ogden, UT 84401
      View Details
    • Value Estimation
      $1,605,000
      12,781 SF

      127 24th St

      OFFICE BUILDING • 12,781 SF
      127 24th St, Ogden, UT 84401-1374
      View Details
    • Value Estimation by Request
      619 SF

      290 25th St

      OFFICE BUILDING • 619 SF
      290 25th St, Ogden, UT 84401-2313
      View Details

    Similar Nearby for Sale

    • $1,700,000
      17,349 SF

      Downtown Ogden Multi-Story Commercial Building

      17,301 SF multi-story building in downtown Ogden for sale.
      2590 Washington Blvd, Ogden, UT 84401
      View Details
    • $350,000
      942 SF

      Freestanding Retail/Office Building For Sale

      Retail/office building near Wonderblock development in an Opportunity Zone.
      2639 Lincoln Ave, Ogden, UT 84401
      View Details
    • $3,100,000
      30,319 SF

      Creston Plaza: Ogden Office Building

      Historic Downtown Ogden Office Complex
      290 25Th St, Ogden, UT 84401
      View Details
    • Contact for pricing
      1.00 Acre

      West Haven Commercial Land Opportunity

      Prime Utah location, diverse development potential.
      4000 3500, West Haven, UT 84401
      View Details
    • $750,000
      0.95 Acres

      West Haven Commercial Corner Lot

      Commercial lot with high visibility and drive-thru potential in West Haven.
      2067 S 1625 W, West Haven, UT 84401
      View Details
    • $339,000
      0.09 Acres

      Ogden Mixed-Use Property For Sale

      Updated 3-bedroom home in downtown Ogden, zoned for commercial or residential.
      174 W Patterson St, Ogden, UT 84401
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      1,820 SF

      Remodeled Office/Retail Building in Ogden

      Freestanding office/retail building with great curb appeal in Ogden.
      214 24Th St, Ogden, UT 84401
      View Details
    • $14 SF/Yr
      23,599 SF

      Ogden Office Space For Lease

      Downtown Ogden executive suites available.
      533 26Th St, Ogden, UT 84401
      View Details
    • $12 SF/Yr
      12,985 SF

      Ogden Downtown Office Space Available

      Historic building, flexible spaces, prime location.
      2210 Washington Blvd, Ogden, UT 84401
      View Details
    • $16 SF/Yr
      619 SF

      Ogden Office Space Available

      619 SF office space available for lease in Ogden.
      3544 Lincoln Ave, Ogden, UT 84401
      View Details
    • Contact for pricing
      12,000 SF

      Ogden Industrial Park Office Space

      Well-maintained office space with flexible furnishing options in Ogden.
      1673 West Ct South, Ogden, UT 84401
      View Details
    • Contact for pricing
      41,382 SF

      West Haven Commercial Building Opportunity

      2,000-4,000 SF stand-alone buildings with drive-thru potential.
      2067 S 1625 W, West Haven, UT 84401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2490 Wall Ave
    Ogden, UT 84401-3057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.