Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    523 Heritage Park Blvd Layton, UT 84041

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Layton Office, 3,580 SF Available

    Lot size:
    20,582 SF

    Property Features for 523 Heritage Park Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,582 SF
    Class
    B
    Total Rate
    24012.33

    Building Details

    Year Built
    1995
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 523 Heritage Park Blvd, Layton, UT 84041 Contact us
    Unit 5

    $14 /Mo

    Size
    3,580 SF
    Contact us

    We can help!

    Listing Contact
    Chris Falk
    Chris Falk

    Listing Agency: Mountain West Commercial Real Estate Listing Agent: Chris Falk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional single-story, Class B office building, situated on a 2.22-acre lot in Layton, Utah, presents a unique opportunity. The property, known as Layton Heritage Park Commons, boasts a total of 20,582 square feet, with a minimum divisible space of 3,580 square feet, which is also the maximum contiguous space currently available. Built in 1995, the building is zoned B-RP and features a single building with one story. The address is 523 West Heritage Park Boulevard, Layton, UT 84041 (APN: 101660006, Davis County). This executive office space is ideal for businesses seeking a well-maintained, conveniently located office in a thriving area. The property offers immediate occupancy for the available 3,580 square feet. Its location provides easy access to major transportation routes and amenities. The property's single-story design offers efficient and accessible workspace. This is a fantastic opportunity to establish or expand your business in a desirable Layton location. Serious inquiries are encouraged to explore this exceptional office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rocky Mountain Home ... Home Health Care Service Layton Comprehensive Treatment ... Medical Clinic Kayla Richmond Hair Hair Salon Iron Shears Barber Shop Nicole Wardell Counselor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Layton
    County
    Davis
    State
    Utah
    Longitude
    -111.9763758
    Latitude
    41.0821614

    Nearby Similar for Lease

    • $1,900,000
      42,253 SF

      Landmark Layton Commercial Building For Lease

      Highly visible Layton commercial building with flexible lease options.
      814 W 1425 N, Layton, UT 84041
      View Details
    • Contact for pricing
      17,424 SF

      Layton Commercial Space For Rent

      Versatile suite with reception, offices, breakroom, restroom, updated flooring.
      1975 N Main St, Layton, UT 84041
      View Details
    • Sponsored
      Contact for pricing

      UT, Clearfield - Legend Hills Dr

      All-inclusive access to workspace, virtual office and meeting rooms in One Lincoln center
      1725 Legends Hl Dr, Layton, UT 84015
      View Details
    • Contact for pricing

      270 N Main Street, Layton, UT 84041

      Mix Use Property for Rent
      270 n Main St, Layton, UT 84041
      View Details
    • Contact for pricing
      19,500 SF

      Retail Space Near Layton Mall

      Retail spaces available in high-traffic Layton retail hub.
      411-495 W 1425 N, Layton, UT 84041
      View Details
    • Contact for pricing

      Retail Pads with Drive-Thru

      Retail pads with drive-thru, excellent traffic, visibility, and access.
      2016 N Main St, Layton, UT 84041
      View Details
    • Contact for pricing
      2,840 SF

      Retail Space Near Hill AFB

      Retail space available near Layton Hills Mall and Hill AFB.
      1986 N Hill Field Rd, Layton, UT 84041
      View Details
    • Contact for pricing
      4,320 SF

      Retail Space on Main Street

      Retail space for rent with high visibility and signage.
      1550 N Main St, Layton, UT 84041
      View Details
    • Contact for pricing
      2,363 SF

      Secure Office Space Available

      2,363 SF office space in premier Layton business park.
      1530 Layton Hills Pkwy, Layton, UT 84041
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in New Center

      Retail space available in new WinCo Foods shopping center.
      200-210 S Fort Ln, Layton, UT 84041
      View Details
    • Contact for pricing
      7,000 SF

      Layton Mixed-Use Retail Opportunity

      Mixed-use buildings with retail space for lease in Layton.
      159 S Main St, Layton, UT 84041
      View Details
    • Contact for pricing
      1,000 SF

      Office Space in Fort Lane

      Office suites in a business community with high visibility.
      360 S Fort Ln, Layton, UT 84041
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Layton Office, 3,580 SF Available
    Where is this office property / space located?
    The property is located at 523 Heritage Park Blvd Layton, UT.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 3,580 SF of available space.; Outdoor patio.; Prime Layton location.
    (385) 429-5500 Call to check price and availability
    Request Owner's contact information
    523 Heritage Park Blvd Layton, UT 84041
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    523 Heritage Park Blvd
    Layton, UT 84041
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    523 Heritage Park Blvd Layton, UT 84041
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chris Falk
    Chris Falk
    Real Estate License ID: 5830205-SA00
    (385) 429-5500 (801) 499-6514
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!