Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1396 Main St Layton, UT 84041-4855
    Property profile & analytics

    1396 Main St, Layton, UT 84041-4855

    View on Map
    • Bowling alleys
    • 23,816 SF
    • 1.99 lot acres
    Off-Market
    Property ID
    US86-0415513
    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.
    Value Estimations
    $1,630,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Davis Lanes / Bowling Alley
    • Randy's Pro Shop / (Bike/Boat/Book/etc) Store / Bowling Alley
    • ATM / Atm

    Property Details for 1396 Main St

    Year built
    1958
    Construction
    WOOD
    Lot size
    1.99 lot acres
    Zone code
    C-H
    Property type
    Bowling alleys
    APN
    10-044-0037
    APU
    100440037

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 30, 2018 — Davis Lanes INC — Grant Deed · related $1.8M · Wasatch Peaks FCU
    Mar 31, 2011 — Davis Lanes INC — Deed Of Trust · related $1.2M · Key Bank & Trust
    — — Richard A Crowley — Deed Of Trust · related $180k · Wayne C & Leva A Brierley

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,495,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Layton
    County
    Davis
    State
    Utah
    Longitude
    -111.989
    Latitude
    41.0808
    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
    $20,579
    $572,474
    $587,782
    $1,160,256
    -
    $1,040,862
    $1,068,695
    $2,109,557

    Comparable in this City

    • Value Estimation
      $2,470,000
      39,010 SF

      Layton, UT 84041

      SKATING RINK, ICE SKATING, ROLLER SKATING
      Layton, UT 84041
      View Details
    • Value Estimation by Request
      1,452 SF

      745 Hl Fld Rd

      ARENA, CONVENTION CENTER
      745 Hl Fld Rd, Layton, UT 84041-4602
      View Details
    • Value Estimation
      $1,035,000
      79,285 SF

      1651 Layton Hls Pkwy, Unit 1

      ARENA, CONVENTION CENTER
      1651 Layton Hls Pkwy, Layton, UT 84041-5756
      View Details
    • Value Estimation
      $800,000
      36,445 SF

      720 Ring Rd

      THEATER (MOVIE)
      720 Ring Rd, Layton, UT 84041-4813
      View Details
    • Value Estimation by Request
      6,784 SF

      Layton, UT 84041

      THEATER (MOVIE)
      Layton, UT 84041
      View Details
    • Value Estimation
      $995,000
      37,652 SF

      1475 Layton Hls Pkwy

      THEATER (MOVIE)
      1475 Layton Hls Pkwy, Layton, UT 84041
      View Details

    Similar Nearby for Sale

    • $1,799,000

      Layton Land Opportunity

      Land available in Layton, Utah.
      1676 N Main St, Layton, UT 84041
      View Details
    • Contact for pricing
      26,099 SF

      Furnished Office Space Near I-15

      Furnished office space with immediate I-15 access and transit proximity.
      67 S Main St, Layton, UT 84041
      View Details
    • Contact for pricing
      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
    • Contact for pricing

      Aero Luxury Layton Townhomes

      High-quality for-rent townhome community in Layton, Utah.
      2800 N Hill Field Rd, Layton, UT 84041
      View Details
    • Contact for pricing
      Pending

      Mixed-Use Property in Opportunity Zone

      Mixed-use property in Layton, close to transportation, great opportunity.
      45 E Gentile St, Layton, UT 84041
      View Details
    • Contact for pricing
      8,910 SF

      Layton Office Building For Sale

      Office building in Layton's commercial area, excellent access to I-15.
      347 W Gordon Ave, Layton, UT 84041
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Layton Flex Office/Warehouse Space

      Flex office/warehouse space in Layton, UT, available for lease.
      255 W 2675 N, Layton, UT 84041
      View Details
    • Contact for pricing
      6,682 SF

      Retail Redevelopment Opportunity

      High-profile retail space available in Layton, Utah.
      2110-2195 N Main St, Layton, UT 84041
      View Details
    • Contact for pricing
      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
      4,268 SF

      Layton Office Space For Rent

      Office space for rent, convenient location near Layton Hills Mall.
      1536 Woodland Park Dr, 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
    • $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
    Request Owner's contact information
    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.
    1396 Main St
    Layton, UT 84041-4855
    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
    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

    Thank You for Inquiry
    1396 Main St, Layton, UT, 84041
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!