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Property profile & analytics
FOR SALE
Outlet malls
1080 N Main St, Layton, UT 84041
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US86-0799607
For Sale
1 / 5
$8,500,000
1080 N Main St, Layton, UT 84041
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
93,930 SF
Lot
5.92 ac (257,701 SF)
Zoning code
C-H
APN
10-029-0112
UPID
US86-0799607
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hobby Lobby (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.35M
Owner & transaction history
3n Lt LLC · 8 yrs held
3n Lt LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-H · Layton, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Layton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Layton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$36 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$94,965
Tax year 2023
Assessed value
$5,354,250
Assessed 2023
Previous assessed
$5,354,250
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$1,191,814
Assessed improvement
$4,162,435
Land market value
$2,166,936
Improvement market value
$7,568,065
Total market value
$9,735,001
Applied tax rate
39.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
93,930 SF
Lot
5.92 ac (257,701 SF)
Zoning code
C-H
APN
10-029-0112
UPID
US86-0799607
Jurisdiction
DAVIS
Zoning & alternative use
C-H · Layton, UT
Zoning C-H · permitted uses
C-H · Layton, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Layton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
2
Lot
5.92 ac
Current owner
From public records · entity-resolved
3n Lt LLC
Entity
Mailing address
300 SPECTRUM CTR DR STE #400, IRVINE, CA 92618-4989
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2017
—
3n Lt LLC
Paw Layton LLC
Deed
$44,495,000 · Morgan Stanley Bank
Dec 7, 2017
—
Paw Layton LLC
John D Richards Family LP
Quit Claim Deed
related
—
Oct 25, 2016
—
Paw Layton LLC
Paw Layton LLC
Quit Claim Deed
related
—
Sep 30, 2016
—
Pawl Sct Ut LLC
Paw Layton LLC
Grant Deed
—
Jul 12, 2010
—
Paw Layton LLC
Palo Alto West Investors LLC
Quit Claim Deed
related
—
Nov 13, 2007
—
Palo Alto West Investors LLC
Boyd Trust
Warranty Deed
—
Oct 16, 2007
—
Boyd Trust
Boyd Trust
Quit Claim Deed
related
—
Feb 9, 2007
—
Layton Ut LLC
Wv Building LLC
Warranty Deed
$6,500,000 · Farmers & Merchants Bank Of Long Be
Sep 26, 2006
—
Wv Building LLC
Hep Dev LLC
Quit Claim Deed
related
—
Feb 9, 2006
—
Hep Dev LLC
Wv Building LLC
Quit Claim Deed
related
$1,500,000 · John Petersen
—
—
Wv Building LLC
—
Deed Of Trust
related
$840,000 · Irwin Union Bank & Trust Co
—
—
Wv Building LLC
—
Deed Of Trust
related
$2,741,698 · Rwk Investments LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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