Property profile

3050 Grant Ave Ogden, UT 84401

OFF-MARKET
Office buildings
Property ID
US86-0068467
2,704 SF 0.28 ac lot Built 1920
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a 2,704-square-foot industrial building situated on a 0.28-acre lot in Ogden, Utah's historic industrial sector at 3050 Grant Avenue, zip code 84401. Currently operating as a 100% occupied auto repair shop, this single-tenant Class C property offers significant potential for various uses. The building features a 52x52 shop area, a front office space, and basement storage, providing ample versatility. The property boasts a 9-foot ceiling height and 24 parking spaces, enhancing its functionality. The asking price is $449,900, translating to $166.38 per square foot. The property generates a Net Operating Income (NOI) of $13,200. The building is served by a 100-amp electrical service. Zoned CP3 (Regional Commercial), the property allows for a range of uses, detailed in Ogden City's zoning code (available online). Seller financing with a substantial down payment is available. Note that all personal property is excluded from the sale. This distressed property presents a unique chance to acquire a well-located industrial asset with substantial upside potential for redevelopment or continued operation. The property is located in Weber County, Utah. This is an owner-occupied property.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,704 SF
Lot 0.28 ac (12,137 SF)
Zoning code 03A
APN 04-059-0048
UPID US86-0068467

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

3050 Grant Ave Ogden, UT 84401-3736
Ogden metro Census 201200 OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A
2020
Price N/A
2002
Price N/A
2001
Price N/A
2001
Price N/A

Zoning & alternative use

03A · Ogden, UT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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