928 Antelope DrLayton, UT 84041

Property Details for 928 Antelope Dr

Year built

2015

Lot size

0.71 AC

Property size (Sq ft)

5,826 SF

Zone code

CP-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

09-404-0003

APU

94040003

Description

This exceptional 5,826 square foot commercial building, situated on a 0.71-acre lot in Layton, Utah, presents a compelling investment opportunity. Currently generating income from two established national tenants, this property offers a stable and predictable revenue stream. The building enjoys a highly visible and easily accessible location within Layton's dynamic commercial sector, ensuring strong tenant appeal and maximizing exposure. Its robust construction and well-maintained condition minimize ongoing maintenance costs, promising long-term operational efficiency and stability for the investor. The property's strategic location and strong tenant occupancy combine to create a low-risk, high-reward investment prospect, ideal for those seeking both immediate returns and significant long-term growth potential. The recent price reduction makes this an even more attractive proposition in the competitive Layton commercial real estate market. This turnkey operation requires minimal management, allowing for passive income generation and a streamlined investment experience. The property's solid foundation and established tenant base provide a secure and reliable investment for the discerning buyer. This is an opportunity to acquire a well-positioned, income-producing asset in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,262,308

  6.5%

  $2,088,285

  7%

  $1,939,121

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,941,442

  Geo Method

  $2,941,442

• Alternative Use

  Use

  Valuation

  Residential

  $1,761,546

  Hospitality

  $1,613,567

  Educational

  $1,342,469

  Medical

  $1,388,638

  Retail

  $2,088,285

Location Insight

City

Layton

County

Davis

State

Utah

Latitude

41.09

Longitude

-111.983

CBSA code

36260

CBSA name

OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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