1366 Main StLayton, UT 84041
- Other commercial real estate
- 2.03 AC
Property Details for 1366 Main St
- Lot size
- 2.03 AC
- Property type
- Other commercial real estate
- APN
- 10-251-0022
- APU
- 102510022
Description
This exceptional 2.02-acre commercial land parcel, located at 1366 N Main St, Layton, UT 84041 (APN 102510022), is offered at $2,550,000 ($28.98/SF). Situated on a hard signalized intersection of Layton's Main Street, this property boasts a prime location within Davis County's largest retail hub, shadow anchored by Kohl's and surrounded by numerous retail businesses and residential areas. The property is zoned C-H, allowing for a wide variety of commercial uses, including quick-service restaurants and gas stations. A key feature is the planned installation of charging stations, further enhancing its appeal and potential. A ground lease is currently in place, but can be terminated with notice. The property's high visibility and strategic location near Hill Air Force Base present a significant opportunity for developers seeking a high-impact commercial investment. The annual income from the existing ground lease is $200,000. This is a rare opportunity to acquire a highly desirable commercial land parcel in a thriving Utah market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $26,697,172
- Hospitality
- $24,454,466
- Educational
- $20,345,830
- Medical
- $21,045,554
- Retail
- $31,649,068
Location Insight
- City
- Layton
- County
- Davis
- State
- Utah
- Latitude
- 41.0798
- Longitude
- -111.987
- CBSA code
- 36260
- CBSA name
- OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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