1010 Hill Field RdLayton, UT 84041

  • Retail properties
  • 25,556 SF
For Lease

Property Details for 1010 Hill Field Rd

Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.16 AC
Property size (Sq ft)
25,556 SF
Zone code
C-H
Property type
Retail properties
Property subtype
Retail space
APN
10-205-0204
APU
102050204

Description

Layton Crossing offers exceptional retail outparcel opportunities in a thriving Layton, Utah location. Two available spaces provide flexibility, ranging from 3,000 to a maximum contiguous 10,000 square feet. This presents a unique chance for businesses seeking high-visibility locations within a dynamic market. The property boasts a total of 13,000 square feet currently vacant, ideal for single or multi-tenant occupancy. Situated near Hill Field Road, this location benefits from excellent accessibility and high traffic volume. Layton's robust economy, fueled in part by its proximity to Hill Air Force Base (with a nearly $3.3 billion economic impact as of 2015 data), provides a strong foundation for business growth. The city's blend of office, retail, and industrial sectors, coupled with a young and educated workforce, creates a desirable environment for businesses of all sizes. Furthermore, Layton's convenient location, just 25 minutes from Salt Lake City International Airport, enhances its appeal for both local and regional businesses. This strategic location offers unparalleled access to a large consumer base and significant logistical advantages. The opportunity to establish a presence in this dynamic and growing community is exceptional. Contact us to learn more about leasing options and explore the potential of this prime retail space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,923,740
    6.5%
    $9,160,375
    7%
    $8,506,063
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,902,764
    Geo Method
    $12,902,764
  • Alternative Use

    Use
    Valuation
    Residential
    $7,727,120
    Hospitality
    $7,078,000
    Educational
    $5,888,812
    Medical
    $6,091,338
    Retail
    $9,160,375
1010 Hill Field Rd, Layton, Utah

Location Insight

City
Layton
County
Davis
State
Utah
Latitude
41.0729
Longitude
-111.985
CBSA code
36260
CBSA name
OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,132
$602,785
$588,688
$1,191,473
-
$1,095,973
$1,070,342
$2,166,315

FAQs

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