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    225 400 Payson, UT 84651

    For Sale
    $1,195,000

    Prime Payson Office Land, Investment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1.77-acre commercial property located at 225 400, Payson, UT, presents a compelling investment opportunity. Priced at $1,195,000, this office land offers significant potential for development or redevelopment. The property's expansive 1.77-acre lot provides ample space for a variety of commercial ventures. The current zoning and allowable uses should be independently verified by prospective buyers. It's important to note that the subsurface rights are retained by the current owner. This means that any development plans must take this into consideration. This is a unique opportunity to acquire a substantial land parcel in a growing Utah market. The property is being offered as-is, and a thorough due diligence process is strongly recommended for all prospective buyers. Offers will be considered after a mandatory 30-day listing period concludes. This period allows for sufficient time to review all submitted proposals. The property's location in Payson, UT, offers access to a thriving community and convenient transportation links. Serious inquiries are encouraged to explore this promising investment prospect further. All interested parties are responsible for conducting their own independent investigations into the property's suitability for their intended use. This includes, but is not limited to, verifying zoning regulations, conducting environmental assessments, and reviewing title reports.

    Property Features for 225 400

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    77,101 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Church of Jesus Christ ... Church Of Jesus Christ Of Latter-Day Saints

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Utah
    State
    Utah
    Longitude
    -111.7269
    Latitude
    40.04092

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Payson Office Land, Investment Opportunity
    Where is this office property / space located?
    The property is located at 225 400 Payson, UT.
    What is the asking price?
    The asking price for this property is $1,195,000.
    (801) 869-8000
    Request Owner's contact information
    225 400 Payson, UT 84651
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    225 400
    Payson, UT 84651
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    Realmo Value Estimation

    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.

    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.

    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
    225 400 Payson, UT 84651
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