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Property profile & analytics
OFF-MARKET
Estimated value
$2,970,000
Manufacturing properties
3804 Airport Rd Ogden, UT 84405-1533
Entity Owned
30-yr Hold
~
Est. High Equity
Property ID
US86-0651015
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,030 SF
Lot
4.33 ac (188,615 SF)
Zoning code
03A
APN
05-145-0051
UPID
US86-0651015
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
-
MeriCal Industrial Manufacturer Production Facility
-
Pro Pac Labs Health
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.77M
Comparable Approach
Comparable
$3.17M
Blend (final)
Blend
$2.97M
Owner & transaction history
L & A Properties LLC · 30 yrs held
L & A Properties LLC
since 1995
7 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
$4.8M
+140.2%
Medical building
$3.4M
+72.6%
Restaurant
$2.9M
+46.3%
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%
$2,995,000
6.5%
$2,765,000
7%
$2,565,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,995,000
Current use
OFFICE BUILDING
$4,785,000
Change: +140% · Conversion: Difficult
MEDICAL BUILDING
$3,440,000
Change: +73% · Conversion: Difficult
RESTAURANT
$2,915,000
Change: +46% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,925,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$2.97M
Range $2.67M – $3.27M · ±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
$102 / 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
$57,732
Tax year 2024
Assessed value
$4,570,999
Assessed 2024
Previous assessed
$3,975,000
+15.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,299,000
Assessed improvement
$3,271,999
Land market value
$1,299,000
Improvement market value
$3,271,999
Total market value
$4,570,999
Applied tax rate
569.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
29,030 SF
Lot
4.33 ac (188,615 SF)
Zoning code
03A
APN
05-145-0051
UPID
US86-0651015
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$3.4M
RESTAURANT
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$1.9M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL 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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ZONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
4.33 ac
Current owner
From public records · entity-resolved
L & A Properties LLC
Entity
Mailing address
PO BOX 150108, OGDEN, UT 84415-0108
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2015
—
L & A Properties LLC
—
Trustees Deed
related
$3,325,000 · Zions First Nat'l Bk
Nov 14, 1995
—
L & A Properties LLC
A & L Properties Ltd
Quit Claim Deed
related
$249,900 · Zions First National Bank
—
—
L & A Properties LLC
—
Deed Of Trust
related
$125,000 · Zions First National Bank
—
—
L & A Properties LLC
—
Deed Of Trust
related
$290,000 · Zions First National Bank
—
—
L & A Properties LLC
—
Deed Of Trust
related
$500,000 · Zions First National Bank
—
—
L & A Properties LLC
—
Deed Of Trust
related
$300,000 · Zions First National Bank
—
—
L & A Properties LLC
—
Deed Of Trust
related
$1,875,449 · Zions First National Bank
—
—
L & A Properties LLC
—
Deed Of Trust
related
$249,900 · Zions First National Bank
—
—
L & A Properties LLC
—
Deed Of Trust
related
$249,900 · Zions First National Bank
—
—
L & A Properties LLC
—
Deed Of Trust
related
$1,076,650 · Lew A Wheelwright
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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