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    Layton Office Building For Sale Title is generated by Realmo AI

    869 W Hill Field Rd, Layton, UT 84041

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    31,440 SF office building in Layton, Utah.

    Type:Office
    Property size:
    31,440 SF
    Price / SF:
    $175/SF
    Added:
    Aug 14, 2024
    Days on Market:
    692
    Last Refresh:
    Jul 5 at 6:41 am

    Property Features for 869 W Hill Field Rd

    General Information

    Standard status
    Active
    Size
    31,440 SF
    Property subtype
    Office

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    James Mecham
    James Mecham

    Listing office CBRE - Salt Lake City

    Listing date Aug 14, 2024

    Source Crexi

    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 CBRE - Salt Lake City

    HighLights

    • 31,440 SF office space, ideal for your business needs
    • Suitable for owner‑user or investment, offering flexibility
    • Furniture available for sale or lease
    • Plug‑n‑play options to get you started quickly
    • Located in Layton
    • Office space

    Overview

    This 31,440 square foot office building in Layton, Utah, is available for purchase. The property is suitable for either an owner-user or as an investment opportunity. Furniture is available for sale and lease, offering plug-and-play options.

    Local Financial Insights For Office B

    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 $554.6k $17.64
    − Vacancy −$44.9k −$1.43
    EGI $509.7k $16.21
    − OpEx −$127.4k −$4.05
    NOI $382.3k $12.16
    31,440 SF · lease $17.64/SF/yr · vacancy 8.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $5.46M
    $4.78M – $6.37M (±1% cap)
    NOI $382,259 @ 7.0% cap · market cap 6.95%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $7.26M
    $6.35M – $8.47M (±1% cap)
    NOI $508,292 @ 7.0% cap · market cap 9.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wayfair Warehouse & Storage

    Suggested Use

    Hotel & Motel Travel Agency Dental Office Wine and Liquor Store Parking Lot & Garage Restaurant Car Rental Facility Barber Shop Acupuncture Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Layton
    County
    Davis
    State
    Utah
    Longitude
    -111.9817153
    Latitude
    41.0688333

    FAQs

    What type of property is this?
    Office building - 31,440 SF office building in Layton, Utah.
    Where is this office building located?
    The property is located at 869 W 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: 31,440 SF office space, ideal for your business needs; Suitable for owner‑user or investment, offering flexibility; Furniture available for sale or lease
    (801) 869-8028 Call to check price and availability
    More about this property
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