1714 Main StLayton, UT 84041

Property Details for 1714 Main St

Year built

1945

Lot size

1.00 AC

Property size (Sq ft)

9,000 SF

Zone code

C-H

Property type

Retail space

APN

10-042-0036

APU

100420036

Description

This exceptional Layton, UT property presents a rare opportunity to acquire a one-acre retail-warehouse building situated on the highly desirable Main Street corridor. Boasting a prime location with excellent visibility and accessibility, this property offers significant potential for a variety of uses. The building features a newly installed roof (October 2022), ten 12-foot overhead doors, and one convenient side loading dock, ensuring efficient operations. Ample parking is provided with over 29 stalls and a convenient wrap-around drive featuring two separate ingress/egress points. Currently zoned C-H, the property can be utilized as is or rezoned to suit a buyer's specific needs. The existing tenant offers flexibility, with a negotiable lease in place, allowing for owner occupancy as early as May 25th. While square footage is estimated from tax records, the substantial one-acre lot provides ample space for expansion or redevelopment. This property is an ideal investment for those seeking a high-traffic location with significant development potential in a thriving Layton community. Please note that direct contact with the tenant is discouraged

• CAP approach

  CAP return

  Valuation

  6%

  $2,641,210

  6.5%

  $2,438,040

  7%

  $2,263,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,875,280

  Geo Method

  $1,875,280

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,666,600

  Mixed-Use / Specialty

  $2,464,840

  Hospitality / Lodging

  $1,854,570

  Office

  $2,487,150

  Institutional / Educational

  $2,575,120

  Residential Income

  $3,012,890

  Multifamily

  $3,416,770

  Automotive / Energy

  $2,207,240

  Parking / Income-Based Land

  $726,634

  Restaurant / Food Service

  $1,357,710

  Healthcare / Senior Housing

  $2,491,250

Location Insight

City

Layton

County

Davis

State

Utah

Latitude

41.0852

Longitude

-111.996

CBSA code

36260

CBSA name

OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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