Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3009 E Arrow Pt, Unit 241 Payson, AZ 85541

    Sponsored
    For Sale
    $74,900

    LAND - Payson, AZ

    Lot size:
    0.51 Acres
    Days on Market:
    16
    Last Refresh:
    Feb 28 at 12:06 am

    Property Features for 3009 E Arrow Pt

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    302-43-241
    Lot size
    0.51 Acres

    Utilities

    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Colleen P McNish

    HomeSmart (602) 230-7600

    Listing agent Colleen P McNish (480) 356-3335

    Listing date Feb 13, 2026

    MLS# 6984272 Listing URL

    Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Payson, AZ

    This half-acre treed lot is situated at the end of a private cul-de-sac and backs to state land, offering a peaceful and private setting. The property features a mountain view to the south and presents endless possibilities for new construction. It is located within walking distance to the fitness center, spa, and pool facilities at the Rim Club. The private club also offers a golf course with reciprocals at Chaparral Pines. The location provides cool summer temperatures and is a quick drive from the Valley. The property is located in Payson, Arizona.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Hotel & Motel Kitchen & Bath Showroom Bar & Pub Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Gila
    State
    Arizona
    Longitude
    -111.274088
    Latitude
    34.246061

    Nearby Similar for Sale

    • $2,300,000
      5.50 Acres

      Payson RV Park Investment Opportunity

      48-unit RV park with income potential in Payson, Arizona.
      57560 N Az Highway 188, Payson, AZ 85541
      View Details
    • $1,200,000

      New Multifamily Construction in Payson

      New construction multifamily property in Payson, completed before August 1st.
      200 E Jura Cir, Payson, AZ 85541
      View Details
    • Contact for pricing
      5,245 SF

      Prime Payson Commercial Pad

      High-visibility commercial pad at a signalized hard corner.
      805 S Beeline Hwy, Payson, AZ 85541
      View Details
    • Contact for pricing
      2,505 SF

      Corporate Lease with Chipotle

      Retail property with a corporate Chipotle lease and drive-thru.
      108 S Beeline Hwy, Payson, AZ 85541
      View Details
    • $550,000
      3,400 SF

      Payson Commercial Land Opportunity

      2.46 Acres, 3400 sq ft building
      200 Rancho Rd, Payson, AZ 85541
      View Details
    • $950,000
      0.52 Acres

      Prime Payson Medical Office Building

      Historic Main Street, 5670 sq ft, 1вЃ„2 acre lot
      404 Main St, Payson, AZ 85541
      View Details
    • $1,695,000
      6,550 SF

      Turnkey Cabin Hotel Near Forest

      Boutique short-term rental property with six cabins near Tonto Forest.
      1022 S Hunter Creek Dr, Payson, AZ 85541
      View Details
    • $937,000
      0.55 Acres

      High-Visibility Payson Commercial Building

      Prime Payson Location, High Traffic Area
      102 Main St, Payson, AZ 85541
      View Details
    • $937,000
      1,800 SF

      Prime Payson Retail Investment

      High-visibility, corner location retail space.
      102 Main St, Payson, AZ 85541
      View Details
    • $389,000
      1,141 SF

      Payson Office Building - $389K

      1,141 SF Office, Month-to-Month Lease
      1389 Christopher Creek Loop, Payson, AZ 85541
      View Details
    • $550,000
      0.56 Acres

      Payson Restaurant - High Traffic Hwy

      Prime location, high visibility, ample parking.
      1200 Beeline Hwy, Payson, AZ 85541
      View Details
    • Contact for pricing
      896 SF

      New Manufactured Home with Views

      Built in 2022, move-in ready home with mountain views.
      16 N Star Vale Dr, Payson, AZ 85541
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Half-acre treed lot backing to state land in Payson.
    Where is this residential land & home lot located?
    The property is located at 3009 E Arrow Pt, Unit 241 Payson, AZ.
    What is the asking price?
    The asking price for this property is $74,900.
    What are key features of this property?
    This property features: - Seller financing available (Seller Will Carry).; - Large 1/2 acre treed lot.; - Backs to state land, ensuring privacy.
    (480) 356-3335
    Request Owner's contact information
    3009 E Arrow Pt, Unit 241 Payson, AZ 85541
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3009 E Arrow Pt, Unit 241
    Payson, AZ 85541
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3009 E Arrow Pt, Unit 241 Payson, AZ 85541
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Colleen P McNish
    Real Estate License ID: SA643366000
    (480) 356-3335
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!