991 Hill Field RdLayton, UT 84041

Property Details for 991 Hill Field Rd

Year built

1981

Lot size

1.82 AC

Property size (Sq ft)

5,897 SF

Property type

Drive through restaurants

APN

10-317-0001

APU

103170001

Description

This exceptional 5,897-square-foot former Denny's restaurant presents a unique opportunity in Layton, Utah. Situated on a 1.82-acre lot at 991 N Hill Field Rd, 84041, this single-story, 1981-built building offers ample parking and excellent freeway visibility. The property is available for lease, ground lease, or build-to-suit options, catering to a variety of restaurant or retail concepts. Benefit from high traffic counts, with Hill Field Road boasting 45,363 average daily traffic and I-15 registering 143,101. The location enjoys prominent freeway pylon signage and is strategically positioned near key businesses including Layton Hills Mall, Key Bank, Red Lobster, Sports Clips, and Dick's Sporting Goods. The property's APN is 103170001. The lease rate is $30.00 per square foot, NNN

• CAP approach

  CAP return

  Valuation

  6%

  $2,289,884

  6.5%

  $2,113,739

  7%

  $1,962,758

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,977,289

  Geo Method

  $2,977,289

• Alternative Use

  Use

  Valuation

  Residential

  $1,783,018

  Hospitality

  $1,633,235

  Educational

  $1,358,832

  Medical

  $1,405,565

  Retail

  $2,113,739

Location Insight

City

Layton

County

Davis

State

Utah

Latitude

41.0752

Longitude

-111.976

CBSA code

36260

CBSA name

OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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