Climate-Controlled Self Storage
For Sale
$1,700,000
113 W CEDAR Lane, Payson, AZ 85541
Two-building storage operation with climate-controlled units, plus adjoining development parcels and management apartments.
Property Size7,185 SF
Lot Size1.43 Acres
Price / SF$236.60
Days on Market74
Property Features for 113 W CEDAR Lane
General Information
Standard status
Active
Size
7,185 SF
Total Parking Spaces
36
Lot size
1.43 Acres
Property subtype
Commercial/Industrial
Occupancy
66%
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1975
Listing Agency:
AM/PM Realty Group LLC
(480) 239-7793
Listed By:
Robert Clarfield · License #BR579223000
(480) 239-7793
Source:
Exitrealty
Added: Jun 3
Changed: Jul 10
Last Checked: Aug 15 at 6:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AM/PM Realty Group LLC
Investment Insights
Based on property information with market context.
City Storage is a self-storage facility configured across two buildings and built for ongoing capacity increases. The property features more than 40 climate-controlled units distributed throughout both buildings, along with infrastructure described as primed for additional development. A separate garage building is also included with an 18-month remaining lease, providing an extra 30 units.
The facility is located at a high-traffic intersection involving 104 W Phoenix St and 113 W Cedar Ln. It is offered with adjoining parcels classified as C2 (104 W Phoenix St, 0.93 acres) and C3 (113 W Cedar Ln, 0.50 acres). The Phoenix property currently has 36 spaces and is 66% occupied, while the Cedar property is identified as offering additional development opportunity, including space planned for 20 RV parking spots. Seller financing is available to facilitate acquisition.
The tenant and operator fit is strongest for buyers seeking a storage-focused platform with an existing unit mix and expandable land. The property also includes two separate apartments, placed in each building, which can support on-site management or provide additional rental income. Together, the storage buildings, remaining-leased garage space, and zoned adjoining parcels support a practical approach to increasing capacity and broadening use.
The facility is located at a high-traffic intersection involving 104 W Phoenix St and 113 W Cedar Ln. It is offered with adjoining parcels classified as C2 (104 W Phoenix St, 0.93 acres) and C3 (113 W Cedar Ln, 0.50 acres). The Phoenix property currently has 36 spaces and is 66% occupied, while the Cedar property is identified as offering additional development opportunity, including space planned for 20 RV parking spots. Seller financing is available to facilitate acquisition.
The tenant and operator fit is strongest for buyers seeking a storage-focused platform with an existing unit mix and expandable land. The property also includes two separate apartments, placed in each building, which can support on-site management or provide additional rental income. Together, the storage buildings, remaining-leased garage space, and zoned adjoining parcels support a practical approach to increasing capacity and broadening use.
Key Highlights
- City Storage is a two‑building storage operation on 1.43 acres at the high‑traffic intersection of 104 W Phoenix St and 113 W Cedar Ln
- More than 40 climate‑controlled units across both buildings, designed to support expansion and increased capacity
- Garage building includes a remaining 18‑month lease and adds 30 units
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
66%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
882
Businesses Nearby
Explore this area
Business Placement
Demographics for 85541, AZ
22,974
Population
15,908
Households
1.4
Avg Household Size
58
Median Age
24%
College-Educated
93%
High-School Grad
808.5 sq mi
ZIP Area
28
Density / Sq Mi
$63,857
Median Household Income
$36,590
Median Earnings
$1,290
Median Rent
$317,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Two-building storage operation with climate-controlled units, plus adjoining development parcels and management apartments.
Where is this self storage facility located?
The property is located at 113 W CEDAR Lane Payson, AZ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: City Storage is a two‑building storage operation on 1.43 acres at the high‑traffic intersection of 104 W Phoenix St and 113 W Cedar Ln; More than 40 climate‑controlled units across both buildings, designed to support expansion and increased capacity; Garage building includes a remaining 18‑month lease and adds 30 units
