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    Property profile & analytics

    1080 N Main St Layton, UT 84041

    • Outlet malls
    • 93,930 SF
    • 5.92 lot acres
    For Sale
    View listing
    $8,500,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US86-0799607
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hobby Lobby / Fabric Store / Hobby Store

    Property Details for 1080 N Main St

    Year built
    1991
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.92 lot acres
    Property size
    93,930 SF
    Zone code
    C-H
    Property type
    Outlet malls
    APN
    10-029-0112
    APU
    100290112

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,270,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Layton
    County
    Davis
    State
    Utah
    Longitude
    -111.981
    Latitude
    41.0762
    CBSA code
    36260
    CBSA name
    OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $94,965
    $1,191,814
    $4,162,435
    $5,354,250
    -
    $2,166,936
    $7,568,065
    $9,735,001

    Comparable in this City

    • Value Estimation
      $1,135,000
      94,395 SF

      1150 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 94,395 SF
      1150 Main St, Layton, UT 84041-4853
      View Details
    • Value Estimation
      $870,000
      66,148 SF

      Layton, UT 84041

      WHOLESALE OUTLET, DISCOUNT STORE • 66,148 SF
      Layton, UT 84041
      View Details
    • Value Estimation
      $1,390,000
      89,727 SF

      2010 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 89,727 SF
      2010 Main St, Layton, UT 84041-4942
      View Details
    • Value Estimation
      $900,000
      25,157 SF

      859 Hl Fld Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 25,157 SF
      859 Hl Fld Rd, Layton, UT 84041-4604
      View Details
    • Value Estimation
      $690,000
      19,720 SF

      1804 Woodland Park Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 19,720 SF
      1804 Woodland Park Dr, Layton, UT 84041-5639
      View Details
    • Value Estimation
      $890,000
      30,325 SF

      1830 Woodland Park Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 30,325 SF
      1830 Woodland Park Dr, Layton, UT 84041-5639
      View Details

    Similar Nearby for Sale

    • $3,500,000
      45,512 SF

      East Layton Neighborhood Center Retail

      Neighborhood center in East Layton with strong demographics.
      70 S Fairfield Rd, Layton, UT 84041
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    • $18,880,538

      Antelope Square Investment Opportunity

      Retail property with long-term tenants and strong corporate leases.
      2076 N Main St, Layton, UT 84041
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    • $5,900,000
      29,753 SF

      Retail Property Value-Add Opportunity

      Retail property with high returns and strong trade area.
      701-721 N Main St, Layton, UT 84041
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    • $3,000,000
      5,826 SF

      Layton, UT Retail Investment

      Fully Leased, National Tenants, High ROI
      928 Antelope Dr, Layton, UT 84041
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    • $1,550,000
      1.00 Acre

      Layton Commercial Property For Sale

      Retail and warehouse space in prime Layton location.
      1714 N Main St, Layton, UT 84041
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    • $3,852,000
      5,350 SF

      New Retail Asset in Layton

      Newly constructed retail property with long-term leases and strong tenants.
      1495 Church St, Layton, UT 84041
      View Details

    Similar Nearby for Lease

    • 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
      105,462 SF

      Layton Hills Retail Space Available

      19,500 SF Retail Space, Layton, UT
      411 1425, Layton, UT 84041
      View Details
    • $27 SF/Yr
      1,240 SF

      Retail Space in Layton Crossing

      Retail space available in high-traffic Layton shopping center.
      852 W Hill Field Rd, Layton, UT 84041
      View Details
    • Contact for pricing
      3,835 SF

      Retail Space in High-Traffic Plaza

      Retail space available in a busy Layton shopping center.
      700 W Antelope Dr, Layton, UT 84041
      View Details
    • $25 SF/Yr
      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
      2,504 SF

      Retail Pad Site Available

      Retail pad site available for lease or build-to-suit.
      220 S Fort Ln, Layton, UT 84041
      View Details
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    1080 N Main St
    Layton, UT 84041
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    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
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