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Climate-Controlled Self Storage Facility
For Sale
$1,600,000

113 W Cedar Lane, Payson, AZ 85541

Two-building storage operation with apartment space and a garage building under an 18-month lease.

Property Size7,185 SF
Lot Size1.43 Acres
Price / SF$222.69
Days on Market69

Property Features for 113 W Cedar Lane

General Information

Standard status Active
Size 7,185 SF
Lot size 1.43 Acres
Property subtype Commercial
Zoning C-2

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $5,364

Building Details

Building Size 7,185 SF
Year Built 1975
Buildings 3
Listing Agency: AM/PM Realty Group LLC
Listed By: Robert Clarfield · License #BR579223000
Source: Aznewhorizonrealty
Added: May 29 Changed: Aug 3 Last Checked: Aug 4 at 2:03PM

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.

Located at 113 W Cedar Lane in Payson, Arizona, the self-storage property covers 1.43 acres and includes 7,185 square feet of improvements. More than 40 climate-controlled units are distributed between two buildings. The property also includes two separate apartments, with one positioned in each building, along with a garage building that adds 30 units and has 18 months remaining on its lease.

The adjoining Phoenix parcel includes 36 spaces and is reported at 66% occupancy. The Cedar parcel has space identified for 20 RV parking spots and additional development. The combined property is situated at the intersection of 104 W Phoenix St and 113 W Cedar Ln, with parcels measuring 0.93 acres and 0.50 acres, respectively.

Key Highlights

  • 1.43‑acre self‑storage property with 7,185 square feet of improvements
  • More than 40 climate‑controlled units across two buildings
  • Garage building adds 30 units with 18 months remaining on the lease

Property Analytics

Current Use

City Storage Storage Facility Payson Plumbing Solutions Plumbing Service

Suggested Use

Top Pick Grocery & Convenience Store Bakery Garden Center (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby

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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Two-building storage operation with apartment space and a garage building under an 18-month lease.
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 $1,600,000.
What are key features of this property?
This property features: 1.43‑acre self‑storage property with 7,185 square feet of improvements; More than 40 climate‑controlled units across two buildings; Garage building adds 30 units with 18 months remaining on the lease
More about this property
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