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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Medical Office Space
2940 Church St Layton, UT 84040-6614
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-0688299
Property summary
AI-generated overview
This exceptional medical office space in Layton, Utah, offers two available suites ranging from 1,800 to 2,400 square feet. Located at 2940 Church St, Layton, UT 84040, this property boasts a highly desirable location just off Highway 193, ensuring convenient access for both employees and clients. The bright and modern design allows for customizable layouts, perfectly adaptable to various business needs. Ample on-site parking is provided for the convenience of staff and visitors. The building's strategic location offers easy access to a variety of nearby amenities, including diverse dining options, shopping centers, and recreational facilities. This professional environment fosters collaboration and networking opportunities within a thriving business community. The property is classified as a traditional office building with multiple tenancies. This is an excellent opportunity to establish or expand your business in a prime Layton location. The suites are ready for immediate occupancy. Contact us to schedule a viewing and explore the possibilities of this exceptional office space.
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2013
Total area
25,824 SF
Lot
1.42 ac (61,768 SF)
Zoning code
CP-1
APN
09-399-0301
UPID
US86-0688299
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
-
Kids Town Pediatric Dentistry Dental Office
-
Dr. David L. Cameron, DMD Physician
-
Tibbitts Family Pharmacy Pharmacy
-
Layton East Plaza Pediatrician Physician
-
ABS Kids ABA Therapy Center Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$990k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.30M
Owner & transaction history
Layton East Development LLC · 4 yrs held
Layton East Development LLC
since 2021
6 recorded transactions
Zoning & alternative use
CP-1 · Layton, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.1M
+19.0%
Retail stores
$1.9M
+8.3%
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
Method
Estimation
Statistic approach
by Request
ML approach
$990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,795,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,135,000
Change: +19% · Conversion: Moderate
RETAIL STORES
$1,945,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$50 / 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
$44,579
Tax year 2023
Assessed value
$2,475,000
Assessed 2023
Previous assessed
$2,475,000
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$428,584
Assessed improvement
$2,046,415
Land market value
$779,245
Improvement market value
$3,720,756
Total market value
$4,500,001
Applied tax rate
639.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2013
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Total area
25,824 SF
Lot
1.42 ac (61,768 SF)
Zoning code
CP-1
APN
09-399-0301
UPID
US86-0688299
Jurisdiction
DAVIS
Zoning & alternative use
CP-1 · Layton, UT
Zoning CP-1 · permitted uses
CP-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
RETAIL STORES
Est. value
$1.9M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Heating
PACKAGE
Cooling
Yes
Stories
3
Lot
1.42 ac
Current owner
From public records · entity-resolved
Layton East Development LLC
Entity
Mailing address
612 N KAYS DR STE #150, KAYSVILLE, UT 84037-4236
Ownership since
2021
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
May 19, 2025
—
Layton Church Properties LLC
—
Deed
related
$8,356,000 · Goldenwest FCU
Dec 8, 2021
—
Layton East Development LLC
Layton East Development LLC
Intrafamily Transfer
related
$8,625,000 · Key Bank NA
Jun 24, 2020
—
Layton East Development LLC
—
Deed
related
$120,000 · Glacier Bank
Dec 15, 2011
—
Layton East Dev LLC
—
Trustees Deed
related
$2,353,000 · Cache Vly Bk
—
—
Layton East Dev LLC
—
Deed Of Trust
related
$1,733,300 · First Nat'l Bk/layton
—
—
Layton East Dev LLC
—
Deed Of Trust
related
$1,434,000 · Utah Certified Dev
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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