Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Warehouses
2675 Industrial Dr Ogden, UT 84401-3271
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0625254
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1981
Construction
STEEL FRAME
Total area
20,111 SF
Lot
1.61 ac (70,132 SF)
Zoning code
03A
APN
15-124-0009
UPID
US86-0625254
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
-
Rail Bearing Services Inc Auto Parts Store
-
Ogden Body Shop Auto Repair Shop
-
Rocky Mountain Powder Coating Powder Coating Service
-
Certified Disaster Services Hardware & Home Improvement Construction Company
-
Steamatic of Northern Utah Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.42M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.18M
Owner & transaction history
Flying Colors Group LP · 22 yrs held
Flying Colors Group LP
since 2004
4 recorded transactions
Zoning & alternative use
03A · Ogden, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Ogden, UT | Official Website
Top alternative use upside
Office building
$2.6M
+102.4%
Restaurant
$2.0M
+53.8%
Auto repair, garage
$1.9M
+47.9%
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%
$2,620,000
6.5%
$2,415,000
7%
$2,245,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,620,000
Change: +102% · Conversion: Difficult
RESTAURANT
$1,990,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,915,000
Change: +48% · Conversion: Easy
RETAIL STORES
$1,740,000
Change: +34% · Conversion: Moderate
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±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
$108 / 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
$48,714
Tax year 2024
Assessed value
$3,856,999
Assessed 2024
Previous assessed
$3,620,000
+6.5% YoY
Effective rate
1.26%
On assessed value
Assessed land
$323,610
Assessed improvement
$3,533,389
Land market value
$323,610
Improvement market value
$3,533,389
Total market value
$3,856,999
Applied tax rate
25.0000
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
1981
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
1
Total area
20,111 SF
Lot
1.61 ac (70,132 SF)
Zoning code
03A
APN
15-124-0009
UPID
US86-0625254
Jurisdiction
WEBER
Zoning & alternative use
03A · Ogden, UTZoning 03A · permitted uses
03A · Ogden, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ogden, UT | Official Website
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.6M
RESTAURANT
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
OFFICE 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
1981
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
2
Lot
1.61 ac
Current owner
From public records · entity-resolved
Flying Colors Group LP
Entity
Mailing address
1506 WHEELBARROW CRK RD, STEVENSVILLE, MT 59870-6176
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2019
—
Flying Colors Group LP
—
Grant Deed
related
$3,950,000 · Miscellaneous Ins Co
Feb 27, 2004
—
Flying Colors Group LP
Tci Ogden Industrial INC
Grant Deed
$1,400,000 · Wells Fargo Bank
Apr 8, 2003
—
Tci Ogden Industrial INC
Transcontinental Realty Invest
Grant Deed
$1,800,000 · Korea Exchange Bank
—
—
Flying Colors Group LP
—
Deed Of Trust
related
$2,500,000 · First Ut Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2675 Industrial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
