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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Drive through restaurants
1641 Layton Hls Pkwy Layton, UT 84041
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US86-0426030
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2005
Total area
29,365 SF
Lot
2.26 ac (98,446 SF)
Zoning code
B-RP
APN
10-249-0003
UPID
US86-0426030
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Lime LLC · 21 yrs held
Lime LLC
since 2004
6 recorded transactions
Zoning & alternative use
B-RP · 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
$53 / 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
$56,579
Tax year 2023
Assessed value
$3,190,000
Assessed 2023
Previous assessed
$3,190,000
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$620,154
Assessed improvement
$2,569,845
Land market value
$1,127,554
Improvement market value
$4,672,446
Total market value
$5,800,000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2005
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
29,365 SF
Lot
2.26 ac (98,446 SF)
Zoning code
B-RP
APN
10-249-0003
UPID
US86-0426030
Jurisdiction
DAVIS
Zoning & alternative use
B-RP · Layton, UT
Zoning B-RP · permitted uses
B-RP · 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
2005
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
2.26 ac
Current owner
From public records · entity-resolved
Lime LLC
Entity
Mailing address
748 HERITAGE PARK BLVD STE #203, LAYTON, UT 84041-5725
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2022
—
Lime LLC
—
Deed
related
$2,275,000 · First Community Bank
Mar 11, 2019
—
Lime LLC
—
Deed
related
$1,850,675 · Us Bk
Dec 5, 2005
—
Lime LLC
—
Deed Of Trust
related
$2,750,000 · Us Bank NA
Oct 4, 2004
—
Lime LLC
Davis County
Warranty Deed
$801,875 · First National Bank Layton
—
—
Lime LLC
—
Deed Of Trust
related
$500,000 · Us Bk
—
—
Lime LLC
—
Loan Modification
related
$1,850,675 · Us Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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