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New Flex Space with Warehouse
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1548 W AMERICAN Way, Payson, UT 84651

Commercial Lease, Payson, UT

Space Size6,290 SF
Lot Size0.12 Acres
Days on Market345

Property Features for 1548 W AMERICAN Way

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Zoning description C-2
Subdivision PAYSON BUSINESS PARK
Standard status Active
APN 34-775-0007
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 11552

Building Details

Year built 2025
Listing Agency: Equity Real Estate (Results)
Listed By: Daniel Richey
Added: Oct 28, 2025 Changed: Oct 1 Last Checked: Oct 7 at 12:06AM
MLS# 2119955

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Investment Insights

Based on property information with market context.

This 2025-built flex property offers 6,290 SF of combined office and warehouse space, including 1,788 SF of office area and 4,502 SF of warehouse area. The office component includes a reception area, four offices arranged between two levels, three bathrooms, and a kitchen with break-room space. The warehouse provides a large, open layout for accessibility and operational use, while the property also offers substantial parking.

Located in Payson, Utah, the property provides convenient freeway access and is available for lease with a fast move-in. The NNN structure includes exterior building insurance, property taxes, snow removal, landscaping, trash removal, and common area maintenance.

Key Highlights

  • 6,290 SF total flex space with 1,788 SF of office and 4,502 SF of warehouse
  • 2025 construction with reception area, 4 offices, 3 bathrooms, kitchen, and break room
  • Large, open warehouse layout designed for easy accessibility

Property Analytics

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Current Use

Aspen Tumbling Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Nail Salon Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby
Well-served
Demand for This Use

Demographics for 84651, UT

28,416
Population
8,956
Households
3.2
Avg Household Size
29
Median Age
29%
College-Educated
94%
High-School Grad
126.7 sq mi
ZIP Area
224
Density / Sq Mi
$94,152
Median Household Income
$37,170
Median Earnings
$1,398
Median Rent
$423,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Brand-new commercial flex space combines finished offices, warehouse capacity, parking, and an NNN lease structure.
Where is this flex space located?
The property is located at 1548 W AMERICAN Way Payson, UT.
What are key features of this property?
This property features: 6,290 SF total flex space with 1,788 SF of office and 4,502 SF of warehouse; 2025 construction with reception area, 4 offices, 3 bathrooms, kitchen, and break room; Large, open warehouse layout designed for easy accessibility
More about this property
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