840 E Highway 193, Layton, UT 84040
Corner lot with Highway 193 frontage and a heated shop with three 12' overhead doors.
- Added:
- Jul 26, 2024
- Days on Market:
- 683
- Last Refresh:
- Jun 8 at 1:31 am
Property Features for 840 E Highway 193
General Information
- Standard status
- Active
- Size
- 9,634 SF
Listing agent MARC J HANSEN License #5701784 (801) 458-6272
Listing office JWH Real Estate (801) 458-6272
Listing date Jul 26, 2024
Source Exprealty
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 JWH Real Estate
HighLights
- Corner lot with frontage on Hwy 193 and Fairfield Drive in East Davis County
- 9,634 SF building with 6,934 SF office/showroom space and 2,700 SF insulated, heated, and cooled shop
- Shop area includes three 12' overhead doors and 15' ceiling height
- Showroom is wrapped in floor‑to‑ceiling windows
- Partially fenced lot provides additional secured parking
Overview
The site benefits from frontage on HWY 193 and Fairfield Drive. Based on the current layout, the property is positioned to serve both office/showroom and shop functions while maintaining access for vehicles through the overhead door openings.
While the property is currently used as a car lot/office and shop, the existing office/showroom configuration and the insulated, climate-controlled shop make it a practical candidate for users seeking a combined customer-facing and service/repair footprint. Interested parties should note that the property has a current tenant and showings must be scheduled through the listing broker, with instructions not to disturb the tenant.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $211.6k | $21.96 |
| − Vacancy | −$12.1k | −$1.25 |
| EGI | $199.5k | $20.71 |
| − OpEx | −$69.8k | −$7.25 |
| NOI | $129.7k | $13.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Layton
- County
- Davis
- State
- Utah
- Longitude
- -111.94962
- Latitude
- 41.101909
