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Property profile & analytics
OFF-MARKET
Medical Office Space
2721 400th E North Ogden, UT 84414-2393
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0596145
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Construction
WOOD FRAME
Total area
2,844 SF
Lot
0.31 ac (13,539 SF)
Zoning code
03A
APN
18-132-0003
UPID
US86-0596145
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Blaine D Larsen · 1 yrs held
Blaine D Larsen
since 2025
7 recorded transactions
Zoning & alternative use
03A · North Ogden, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 North Ogden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,572
Tax year 2024
Assessed value
$483,000
Assessed 2024
Previous assessed
$474,000
+1.9% YoY
Effective rate
1.15%
On assessed value
Assessed land
$121,851
Assessed improvement
$361,149
Land market value
$121,851
Improvement market value
$361,149
Total market value
$483,000
Applied tax rate
10.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1975
Construction
WOOD FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
2,844 SF
Lot
0.31 ac (13,539 SF)
Zoning code
03A
APN
18-132-0003
UPID
US86-0596145
Jurisdiction
WEBER
Zoning & alternative use
03A · North Ogden, UTZoning 03A · permitted uses
03A · North Ogden, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Blaine D Larsen
Individual
Free & Clear · 1 yrs held
Mailing address
1038 W 3250TH N, PLEASANT VIEW, UT 84414-2174
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jan 7, 2025
—
Blaine D Larsen
Blaine D Larsen
Deed
related
—
Jun 17, 2020
—
North Ogden City
Larsen B D & T K L/tr
Warranty Deed
related
—
Jun 9, 2020
—
Blaine D Larsen
—
Deed
related
$250,000 · Goldenwest FCU
Nov 13, 2019
—
Larsen,b D & T K Living Trust
Biaine D Larsen
Quit Claim Deed
related
—
Nov 12, 2019
—
Blaine D Larsen
Reeves LLC No
Warranty Deed
—
Apr 9, 2008
—
Reeves LLC No
Reeves,d Brad
Quit Claim Deed
related
—
Sep 13, 2007
—
Ronald Thane Hales Fam Ptshp
Hales,ronald T
Quit Claim Deed
—
Sep 10, 2007
—
Ronald Thane Hales Fam Parters
Hales,ronald T
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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