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421 S Washington Blvd, Ogden, UT 84404
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Property summary
AI-generated overview
This exceptional 2,624 square foot commercial property, located at 421 South Washington Boulevard in Ogden, Utah, presents a unique investment opportunity. Situated on a 0.3-acre lot, this single-story building, constructed in 1946, offers a versatile space previously utilized as a restaurant. The property boasts a convenient drive-thru window, ample parking, and is zoned C-3, allowing for a variety of commercial uses. The entire building (2,624 square feet) is currently vacant, providing a blank canvas for a prospective tenant to customize the space to their specific needs. Tenant improvements are negotiable, offering flexibility for potential buyers or lessees. The property's prominent location on Washington Boulevard ensures high visibility and accessibility, making it an ideal location for a retail business, office space, or restaurant. The property's address is 421 South Washington Boulevard, Ogden, UT 84404, and its parcel number (APN) is 12-068-0004. The cross street is 4th Street, and the property is located in Weber County. This is a single-tenant property with significant potential for a variety of businesses. The lease terms are negotiable.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,600 SF
Lot
0.3 ac (13,068 SF)
Zoning code
03A
APN
12-068-0004
UPID
US86-0808236
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$275k
Owner & transaction history
since 2012
7 recorded transactions
Zoning & alternative use
03A · Ogden, UT
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$275k
Value range
$248k – $303k
±10% around blend
Estimated value / SF
$106 / SF
Confidence
Property data
100
Comparable evidence
60
Income certainty
100
$248k
blend $275k
$303k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,600 SF
Lot area
0.3 ac
Year built
1946
Stories
1
APN
12-068-0004
Zoning
03A
Assessed value
$320,000
Annual tax
$4,042
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$4,042
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$275k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$485k
Move the market yield to see immediate price impact.
Value / SF
$186
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$31k
$611k
$436k
$339k
$34k
$678k
$485k
$377k
$37k
$746k
$533k
$415k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,042
Tax year 2024
Assessed value
$320,000
Assessed 2024
Previous assessed
$302,000
+6.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$195,750
Assessed improvement
$124,250
Land market value
$195,750
Improvement market value
$124,250
Total market value
$320,000
Applied tax rate
25.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,600 SF
Lot
0.3 ac (13,068 SF)
Zoning code
03A
APN
12-068-0004
UPID
US86-0808236
Jurisdiction
WEBER
Zoning & alternative use
03A · Ogden, UTZoning 03A · permitted uses
03A · Ogden, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.3 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
03A
Jurisdiction
Ogden, UT
Recorded code
03A
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 03A in Ogden, UT.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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