1366 Main StLayton, UT 84041

  • Other commercial real estate
  • 2.03 AC
For Sale
$2,550,000 View listing

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
1366 Main St, Layton, Utah

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

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
$3,856
$217,380
-
$217,380
-
$395,238
-
$395,238

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