This exceptional retail property at 90 Cross Street in Layton, Utah, presents a unique investment opportunity. Built in 2003, the building boasts 0.27 acres of land and offers approximately 2,000 square feet of usable space (buyer to verify). The interior features a welcoming lobby, a functional office, and two restrooms, ensuring comfort and convenience for both staff and clients. Two expansive rooms, each with impressive 18-foot ceilings, provide ample space for a variety of commercial uses. A convenient roll-up garage door adds to the property's versatility. Its prime location offers unparalleled accessibility, being within walking distance of the Trax station and just two minutes from I-15. This strategic positioning ensures high visibility and easy access for employees, customers, and deliveries. The property's clean and updated condition minimizes the need for immediate renovations, allowing for a quick start to operations. The asking price is $1,100,000. Square footage is an estimate from public records
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,538,890
6.5%
$1,420,513
7%
$1,319,048
Comparable approach
Method
Valuation
Relative Method
$2,000,847
Geo Method
$2,000,847
Alternative Use
Use
Valuation
Residential
$1,198,256
Hospitality
$1,097,596
Educational
$913,187
Medical
$944,593
Retail
$1,420,513
Location Insight
City
Layton
County
Davis
State
Utah
Latitude
41.0617
Longitude
-111.969
CBSA code
36260
CBSA name
OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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