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    869 Hill Field Rd Layton, UT 84041

    Sponsored
    For Sale
    $5,502,000

    Prime Layton Office, 31,440 SF, Owner-User Opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 31,440 square foot, two-story Class B office building at 869 W Hill Field Rd, Layton, UT 84041, presents a unique owner-user or investment opportunity. The property, situated on a substantial 31,440 square foot lot, is ideally located for convenient access to major transportation arteries. It's just half a mile from Interstate 15, providing effortless commuting for employees and clients. The building offers ample parking with a 6.5/1,000 parking ratio. The available space is ready for immediate occupancy on August 14, 2024. Existing furniture is available for purchase or lease, offering a seamless plug-and-play transition for new occupants. The asking price is $5,502,000. The property benefits from its proximity to a variety of retail and dining options, including nearby Sam's Club and Walmart, enhancing convenience for employees and visitors. This traditional office building presents a compelling investment opportunity with a potential lease rate of $16.00-$17.00 per square foot, NNN. The single-building, single-unit property is ready for its next chapter.

    Property Features for 869 Hill Field Rd

    General Information

    Property type
    Office Properties & Spaces
    Class
    B

    Building Details

    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Lease Rate: $16‑17 per square foot, NNN.
    • Excellent retail proximity, including Sam's Club and Walmart.
    • Convenient location, half‑mile from I‑15.
    • Ample parking: 6.5 spaces per 1,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wayfair Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Layton
    County
    Davis
    State
    Utah
    Longitude
    -111.9815486
    Latitude
    41.0686125

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Layton Office, 31,440 SF, Owner-User Opportunity.
    Where is this office property / space located?
    The property is located at 869 Hill Field Rd Layton, UT.
    What is the asking price?
    The asking price for this property is $5,502,000.
    What are key features of this property?
    This property features: Lease Rate: $16-17 per square foot, NNN.; Excellent retail proximity, including Sam's Club and Walmart.; Convenient location, half-mile from I-15.
    (801) 869-8009
    Request Owner's contact information
    869 Hill Field Rd Layton, UT 84041
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    Layton, UT 84041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    869 Hill Field Rd Layton, UT 84041
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