Back to Search
Property profile & analytics
OFF-MARKET
Bars & Pubs
2981 350th W Layton, UT 84041-1302
Individually Owned
5-yr Hold
Free & Clear
Property ID
US86-0748348
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,232 SF
Lot
0.05 ac (2,178 SF)
Zoning code
CP-2
APN
09-035-0031
UPID
US86-0748348
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
by Request
Owner & transaction history
Jason Loftus · 5 yrs held
Jason Loftus
since 2021
7 recorded transactions
Zoning & alternative use
CP-2 · 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
$2,136
Tax year 2023
Assessed value
$120,450
Assessed 2023
Previous assessed
$120,450
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$16,171
Assessed improvement
$104,278
Land market value
$29,403
Improvement market value
$189,597
Total market value
$219,000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Units
1
Total area
1,232 SF
Lot
0.05 ac (2,178 SF)
Zoning code
CP-2
APN
09-035-0031
UPID
US86-0748348
Jurisdiction
DAVIS
Zoning & alternative use
CP-2 · Layton, UT
Zoning CP-2 · permitted uses
CP-2 · 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
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Jason Loftus
Individual
Free & Clear · 5 yrs held
Mailing address
1920 W 5200TH S STE #10, ROY, UT 84067-3478
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2021
—
Jason Loftus
Pursito LLC
Quit Claim Deed
related
—
May 18, 2020
—
Winona George
Pursito LLC
Correction Deed
—
Apr 6, 2020
—
Jason Loftus
Winona George
Warranty Deed
—
Jan 9, 2018
—
Winona George
Pursito LLC
Quit Claim Deed
related
—
Mar 25, 2014
—
Linda L Charters
Charters,edgar R
Affidavit Of Death
related
—
Mar 3, 2014
—
Puristo LLC
Charters Edgar R
Quit Claim Deed
—
Oct 1, 2013
—
Pursito LLC
Charters,linda L
Quit Claim Deed
related
—
Aug 24, 2001
—
Edgar R Charters
Kent,william D & Dianna K
Trustees Deed
related
—
Jan 7, 1999
—
Edgar R Charters
Gurr,gordon & Leone H
Grant Deed
related
$100,000 · Seller
—
—
Pursito LLC
—
Deed Of Trust
related
$22,000 · Linda L Charters
—
—
Edgar R Charters
—
Deed Of Trust
related
$35,100 · First National Bank Layton
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2981 350th W?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
