Remodeled Office
For Sale
Contact for pricing
1133 N Main St, Layton, UT 84041
Updated common areas, exterior finishes, parking, lighting, and main-floor restrooms support an office configuration.
Property Size20,022 SF
Price / SF$159.82
Days on Market190
Property Features for 1133 N Main St
General Information
Standard status
Active
Size
20,022 SF
Property subtype
Office
Building Details
Buildings
1
Stories
3
Listing Agency:
Spark Realty
Listed By:
Ava Christensen · License #11910199-SA00
Source:
Crexi
Added: Apr 11
Changed: Oct 12
Last Checked: Oct 16 at 7:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Spark Realty
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Investment Insights
Based on property information with market context.
This 20,022-square-foot office building at 1133 N Main St in Layton, Utah has received multiple property improvements. Work includes new carpet in the main areas, exterior painting, stucco applied to the foundation, and updated exterior lighting. The parking lot has also been resurfaced, while both main-floor bathrooms have been renovated.
The improvements address interior finishes, exterior presentation, parking-surface condition, lighting, and restroom functionality within the existing office building. The property is offered for sale.
The improvements address interior finishes, exterior presentation, parking-surface condition, lighting, and restroom functionality within the existing office building. The property is offered for sale.
Key Highlights
- 20,022‑square‑foot office building
- New carpet installed in the main areas
- Exterior painting and stucco foundation improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$243,435
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,868,700
$4.9M
Cap Rate 7%
$3,477,643
$3.5M
Cap Rate 9%
$2,704,833
$2.7M
Market Conditions
NOI Build-Up for 20,022 SF
Gross rent
$353.2K $17.64/SF
− Vacancy
−$28.6K −$1.43/SF
EGI
$324.6K $16.21/SF
− OpEx
−$81.1K −$4.05/SF
NOI
$243.4K $12.16/SF
Area
Davis County, UT
Vacancy
8.10%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,868,700
Cap Rate 7%
$3,477,643
Cap Rate 9%
$2,704,833
Alternative Uses
Best Use
Office B
$3.48M
$3.04M – $4.06M
NOI $243,435 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.62M
$4.05M – $5.39M
NOI $323,697 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,590
Businesses Nearby
Explore this area
Business Placement
Demographics for 84041, UT
55,289
Population
19,171
Households
2.9
Avg Household Size
30
Median Age
31%
College-Educated
95%
High-School Grad
14.9 sq mi
ZIP Area
3,711
Density / Sq Mi
$87,608
Median Household Income
$43,804
Median Earnings
$1,404
Median Rent
$395,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Updated common areas, exterior finishes, parking, lighting, and main-floor restrooms support an office configuration.
Where is this office building located?
The property is located at 1133 N Main St Layton, UT.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 20,022‑square‑foot office building; New carpet installed in the main areas; Exterior painting and stucco foundation improvements
