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Property profile & analytics
OFF-MARKET
Strip malls
1868 1200th W Layton, UT 84041-1939
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US86-0786887
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,148 SF
Lot
0.53 ac (23,087 SF)
Zoning code
CP-3
APN
10-027-0057
UPID
US86-0786887
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
-
Spherion Layton Employment Agency
-
Ola's Polynesian Market Grocery & Convenience Store Food Market
-
Layton Physical Therapy & Sports Medicine Medical Clinic
-
Alan Kerbs PT Physician
-
Urgent Care Layton - Medallus Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mrf Family LP · 6 yrs held
Mrf Family LP
since 2019
7 recorded transactions
Zoning & alternative use
CP-3 · 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
—
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
$8,809
Tax year 2023
Assessed value
$496,650
Assessed 2023
Previous assessed
$496,650
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$171,421
Assessed improvement
$325,229
Land market value
$311,675
Improvement market value
$591,326
Total market value
$903,001
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,148 SF
Lot
0.53 ac (23,087 SF)
Zoning code
CP-3
APN
10-027-0057
UPID
US86-0786887
Jurisdiction
DAVIS
Zoning & alternative use
CP-3 · Layton, UTZoning CP-3 · permitted uses
CP-3 · Layton, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Mrf Family LP
Entity
Mailing address
3116 S STANTON DR, WEST VALLEY, UT 84120-1544
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2019
—
Mrf Family LP
Ralp W Cannon
Warranty Deed
$1,130,000 · Bank Of Ut
Nov 6, 2017
—
Mrf Family LP
Cannon,george W & Ralph W
Grant Deed
—
May 12, 2014
—
Cannon,deborah J Trust
Cannon Michael R
Quit Claim Deed
related
—
Mar 16, 2010
—
Cannon Wilford W Trust
Mrf Family Ltd
Grant Deed
—
Sep 27, 2007
—
Mrf Family Ltd
Scott & Stana Kjar Family
Grant Deed
—
Dec 31, 1998
—
Scott & Stana Kjar Family LP
Kjar,stana S
Quit Claim Deed
related
—
Dec 23, 1996
—
Mrf Family Limited
F C Holding 5050 Ltd
Grant Deed
related
—
Sep 3, 1996
—
Mrf Family Ltd
Fc Holding 5050 Ltd
Grant Deed
related
—
Jan 31, 1996
—
Mrf Family Limited
F C Holding 5050 Ltd
Grant Deed
related
—
Sep 8, 1995
—
Mrf Family Ltd
F C Holding 5050 Ltd
Grant Deed
related
—
Oct 13, 1994
—
Fc Holding 5050 Ltd
Priest,r S
Trustees Deed
related
—
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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