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Property profile & analytics
OFF-MARKET
Retail space
2981 Hl Fld Rd Layton, UT 84041
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US86-0073064
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,522 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CP-2
APN
09-035-0027
UPID
US86-0073064
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
-
Purser's Bar Bar & Pub
-
Dang's Tailor Shop (Bike/Boat/Book/etc) Store
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
$5,365
Tax year 2023
Assessed value
$302,500
Assessed 2023
Previous assessed
$302,500
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$38,811
Assessed improvement
$263,688
Land market value
$70,567
Improvement market value
$479,433
Total market value
$550,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Units
1
Total area
3,522 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CP-2
APN
09-035-0027
UPID
US86-0073064
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
0.12 ac
Current owner
From public records · entity-resolved
Jason Loftus
Individual
Mailing address
2981 N HL FLD RD, LAYTON, UT 84041
Mailing matches property
Yes
Owner-occupied
Yes
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2021
—
Jason Loftus
Pursito LLC
Quitclaim Deed
related
—
Apr 6, 2020
—
Jason Loftus
Winona George
Warranty Deed
—
Nov 15, 2018
—
Cool Story Bro LLC
—
Deed
related
$247,259 · Jp Morgan Chase Bk
Jan 9, 2018
—
Winona George
Pursito LLC
Quitclaim Deed
related
—
Dec 28, 2017
—
Michael L Rumsey
—
Deed
related
$225,000 · Mountain America FCU
Oct 6, 2017
—
Cool Story Bro LLC
—
Deed
related
$197,807 · Jp Morgan Chase Bk
Sep 1, 2017
—
Cool Story Bro LLC
Sues Ceramics INC
Grant Deed
$197,807 · Jp Morgan Chase Bk
Aug 16, 2017
—
Michael L Rumsey
Choice R/e Consultants INC
Grant Deed
—
Jan 16, 2001
—
Sues Ceramics INC
Wall,neil J & R S
Trustees Deed
related
—
—
—
Cool Story Bro LLC
—
Deed Of Trust
related
$207,000 · Mountain W Small Busn Fin
—
—
Cool Story Bro LLC
—
Deed Of Trust
related
$247,259 · Jp Morgan Chase Bk
—
—
Neil J Wall
—
Deed Of Trust
related
$303,151 · First National Bank Layton
—
—
Sues Ceramics INC
—
Deed Of Trust
related
$119,700 · America First Cu
—
—
Sues Ceramics INC
—
Deed Of Trust
related
$58,000 · Northern Utah Capital INC
—
—
Cool Story Bro LLC
—
Deed Of Trust
related
$247,259 · Jp Morgan Chase Bk
—
—
Cool Story Bro LLC
—
Deed Of Trust
related
$197,807 · Jp Morgan Chase 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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