2873 Quincy Ave, Ogden, UT 84403
This exceptional 23,800 square foot mixed-use property, located at 2873 Quincy Ave in Ogden, Utah, presents a unique redevelopment opportunity. The existing three-story building, constructed in 1930, currently functions as a church and school. The property boasts a spacious 1.31-acre lot, providing ample space for future development. The building features a kitchen and a 14' x 14' storage shed. Abundant parking is available on-site. The property is conveniently located across the street from Monroe Park and offers easy access to I-15. Zoning permits allow for the construction of up to eleven single-family homes, making this an attractive investment for residential developers. The asking price is $1,200,000, translating to $50.42 per square foot. This represents a significant price reduction, reflecting a motivated seller eager to finalize a transaction. The property is classified as Class C and features a single tenancy. This prime location and the approved residential development plan make this a compelling investment prospect in a thriving Ogden neighborhood. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.