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Property profile & analytics
OFF-MARKET
Estimated value
$4,920,000
Retail space
2508 Ogden Ave, Ogden, UT 84401-2413
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0976716
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
44,343 SF
Lot
0.47 ac (20,493 SF)
APN
01-119-0001
UPID
US86-0976716
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
Current use
Occupant on record · Public records
-
Bre Essence LLC | Head Spa Spa & Massage Center
-
Hello Sugar | Ogden - Brazilian Wax & Sugar Salon Spa & Massage Center Skin Care Clinic
-
Sola Salon Studios Hair Salon Nail Salon
-
The Jessica Powers Sanctuary Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.42M
Blend (final)
Blend
$4.92M
Owner & transaction history
455 25th Street LLC · 14 yrs held
455 25th Street LLC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.8M
+50.5%
Restaurant
$4.4M
+14.4%
Auto repair, garage
$4.2M
+10.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,840,000
Current use
OFFICE BUILDING
$5,780,000
Change: +51% · Conversion: Easy
RESTAURANT
$4,390,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,225,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$4.92M
Range $4.43M – $5.41M · ±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
$111 / 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
$98,009
Tax year 2024
Assessed value
$7,760,000
Assessed 2024
Previous assessed
$5,518,000
+40.6% YoY
Effective rate
1.26%
On assessed value
Assessed land
$383,219
Assessed improvement
$7,376,781
Land market value
$383,219
Improvement market value
$7,376,781
Total market value
$7,760,000
Applied tax rate
521.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Total area
44,343 SF
Lot
0.47 ac (20,493 SF)
APN
01-119-0001
UPID
US86-0976716
Jurisdiction
WEBER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.8M
OFFICE BUILDING
Est. value
$5.8M
RESTAURANT
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$4.2M
RETAIL STORES Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
455 25th Street LLC
Entity
Free & Clear · 14 yrs held
Mailing address
2650 WASHINGTON BLVD STE #208, OGDEN, UT 84401-3623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
May 7, 2020
—
455 25th Street LLC
—
Deed
related
$5,541,420 · Wasatch Peaks FCU
Sep 1, 2011
—
455 25th Street LLC
Biltmore Bk Of Az
Grant Deed
related
—
Jul 8, 2010
—
Biltmore Bk Of Az
Ogden Holdings LLC
Deed In Lieu Of Foreclosure
related
—
Feb 21, 2008
—
Sharifan,susi
Sharifan,abdolrahim
Quit Claim Deed
related
$920,000 · Biltmore Bk/az
Sep 18, 2007
—
Sharifan,abdolrahim
Jacobsen,verland D & Joan T
Quit Claim Deed
related
—
—
—
Ogden Holdings LLC
—
Deed Of Trust
related
$920,000 · Biltmore Bk/az
—
—
455 25th Street LLC
—
Loan Modification
related
$400,000 · Drink H2o Bar Management INC
—
—
455 25th Street LLC
—
Deed Of Trust
related
$400,000 · H2o Bar Management INC
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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