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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Warehouses
631 Gordon Ave, Layton, UT 84041-2496
Entity Owned
1-yr Hold
Free & Clear
Property ID
US86-0163809
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Total area
46,890 SF
Lot
0.68 ac (29,534 SF)
Zoning code
C-H
APN
10-236-0005
UPID
US86-0163809
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Pro Storage - Layton Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.33M
Owner & transaction history
Layton Secure Storage LLC · 1 yrs held
Layton Secure Storage LLC
since 2025
5 recorded transactions
Zoning & alternative use
C-H · 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±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
$28 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$29,683
Tax year 2024
Assessed value
$1,726,299
Assessed 2024
Previous assessed
$1,726,299
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$243,652
Assessed improvement
$1,482,647
Land market value
$443,005
Improvement market value
$2,695,723
Total market value
$3,138,728
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Stories
3
Total area
46,890 SF
Lot
0.68 ac (29,534 SF)
Zoning code
C-H
APN
10-236-0005
UPID
US86-0163809
Jurisdiction
DAVIS
Zoning & alternative use
C-H · Layton, UT
Zoning C-H · permitted uses
C-H · 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
2018
Heating
FORCED AIR
Stories
3
Lot
0.68 ac
Current owner
From public records · entity-resolved
Layton Secure Storage LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 320099, ALEXANDRIA, VA 22320-4099
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2025
—
Layton Secure Storage LLC
Layton Secure Storage LLC
Deed
—
Jul 27, 2022
—
Layton Secure Storage LLC
—
Deed
related
$15,015,000 · Walker & Dunlop Investment Partners INC
Nov 30, 2016
—
Layton Secure Storage LLC
—
Trustees Deed
related
$3,800,000 · Washington Fed'l Svgs
Feb 4, 2016
—
James Johansen
Thackeray Family Holdings II
Grant Deed
—
Jul 1, 2003
—
Thackeray Family Holdings II
Green,tr
Grant 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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