Automotive Sales and Service
For Sale
$2,500,000
840 E HIGHWAY 193, Layton, UT 84041
Commercial Sale, Layton, UT
Property Size9,634 SF
Lot Size2.05 Acres
Price / SF$259.50
Days on Market850
Property Features for 840 E HIGHWAY 193
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Commercial
Zoning description
CP-1
Security features
Security Lighting
Window features
Blinds
Interior features
Alarm: Fire, Kitchen, Restroom: Private, Restroom: Public
Exterior features
Paved Parking, Security Lighting
Appliances
Real Estate
Subdivision
Kaysville; Fruit Heights; Layton
Standard status
Active
APN
09-046-0054
Lot size
2.05 Acres
Tenancy & Operations
Tenant in Place
Yes
Real Estate Included
Yes
Additional Details
Automotive Uses
dealership/vehicle sales
Corner Location
Yes
Taxes and HOA fees
Tax Annual Amount
12353
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Amenities
insulated, heated, and cooled shop space
three 12' overhead doors
15' ceiling height in shop areas
large showroom with floor-to-ceiling windows
partially fenced lot for additional secured parking
Building Details
Year built
1990
Flooring type
Carpet, Tile
Roof type
Rubber, Flat
Buildings
1
Listing Agency:
JWH Real Estate
Listed By:
Marc J Hansen
(801) 479-1500
Added: Jul 1, 2024
Changed: Oct 27
Last Checked: Oct 28 at 1:06AM
MLS# 2013921
Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 9,634-square-foot automotive property combines 6,934 square feet of office and showroom area with 2,700 square feet of insulated, heated, and cooled shop space. Floor-to-ceiling windows span the showroom, while the shop has three 12-foot overhead doors and 15-foot ceilings. Interior features include a kitchen and private and public restrooms. The property is zoned Commercial and sits on 2.05 acres. Paved parking and security lighting are also present.
The site has frontage on both Highway 193 and Fairfield Drive. Its existing configuration includes office, showroom, and shop areas, with a partially fenced portion of the lot for secured parking.
The site has frontage on both Highway 193 and Fairfield Drive. Its existing configuration includes office, showroom, and shop areas, with a partially fenced portion of the lot for secured parking.
Key Highlights
- 9,634‑square‑foot building on 2.05 acres
- 6,934 square feet of office and showroom space, plus 2,700 square feet of shop space
- Shop has three 12' overhead doors and 15' ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,449
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,328,980
$2.3M
Cap Rate 7%
$1,663,557
$1.7M
Cap Rate 9%
$1,293,878
$1.3M
Market Conditions
NOI Build-Up for 9,634 SF
Gross rent
$186.7K $19.38/SF
− Vacancy
−$20.4K −$2.11/SF
EGI
$166.4K $17.27/SF
− OpEx
−$49.9K −$5.18/SF
NOI
$116.4K $12.09/SF
Area
Davis County, UT
Vacancy
10.90%
Lease Rate
$19.38 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,328,980
Cap Rate 7%
$1,663,557
Cap Rate 9%
$1,293,878
Alternative Uses
Best Use
Retail
$1.66M
$1.46M – $1.94M
NOI $116,449 @ 7.0% cap · market cap 4.66%
Second Best
Industrial
$861.9K
$754.1K – $1.01M
NOI $60,330 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $155,753 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 26%
Beauty & Spa 14%
Wendy's
Dining
12,327 visits/mo
0.5 miles
Taco Bell
Dining
11,248 visits/mo
0.3 miles
Chevron
Shops & Services
8,627 visits/mo
0.0 miles
Aveda
Beauty & Spa
2,948 visits/mo
0.4 miles
AutoZone
Shops & Services
2,633 visits/mo
0.3 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Automotive property - A combination of customer-facing showroom and climate-controlled shop space supports automotive sales and service operations.
Where is this automotive property located?
The property is located at 840 E HIGHWAY 193 Layton, UT.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 9,634‑square‑foot building on 2.05 acres; 6,934 square feet of office and showroom space, plus 2,700 square feet of shop space; Shop has three 12' overhead doors and 15' ceilings
