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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Retail space
Ogden, UT 84401
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0783374
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1914
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,942 SF
Lot
0.14 ac (6,098 SF)
APN
01-021-0094
UPID
US86-0783374
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$730k
Owner & transaction history
Lotus Berthana LLC · 1 yrs held
Lotus Berthana LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+134.3%
Office building
$775,000
+50.5%
Restaurant
$590,000
+14.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$515,000
Current use
COMMERCIAL (GENERAL)
$1,205,000
Change: +134% · Conversion: Easy
OFFICE BUILDING
$775,000
Change: +51% · Conversion: Easy
RESTAURANT
$590,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$565,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$123 / 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
$15,949
Tax year 2024
Assessed value
$1,262,799
Assessed 2024
Previous assessed
$902,000
+40.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$103,547
Assessed improvement
$1,159,252
Land market value
$103,547
Improvement market value
$1,159,252
Total market value
$1,262,799
Applied tax rate
496.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1914
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
5,942 SF
Lot
0.14 ac (6,098 SF)
APN
01-021-0094
UPID
US86-0783374
Jurisdiction
WEBER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$775,000
RESTAURANT
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$565,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE 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
1914
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Lotus Berthana LLC
Entity
Mailing address
338 ES TEMPLE B STE B, SALT LAKE CITY, UT 84111-1379
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 7, 2024
—
Lotus Berthana LLC
Lotus Grant LLC
Quit Claim Deed
related
—
Jul 17, 2019
—
Lotus Berthana LLC
—
Grant Deed
related
$1,825,000 · Miscellaneous Ins Co
Mar 20, 2019
—
Lotus Berthana LLC
Doa Group LLC
Warranty Deed
—
May 6, 2015
—
Dogma Group LLC
Berthana Building LLC
Warranty Deed
$665,000 · Golden West FCU
Oct 15, 2007
—
George Gelsebach
Five T Corp
Grant Deed
—
Jun 25, 2007
—
Steven Vanwagoner
Berthana Properties Lc
Warranty Deed
—
—
—
Berthana Building LLC
—
Deed Of Trust
related
$160,000 · Scott D Powley
—
—
Steven Vanwagoner
—
Deed Of Trust
related
$325,000 · George Gelsebach
—
—
Berthana Building LLC
—
Deed Of Trust
related
$933,040 · Miller Funding Group LLC
—
—
Berthana Building LLC
—
Deed Of Trust
related
$650,000 · Lawrencek 100 LLC
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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