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Self-Storage Facility with Apartments
For Sale
$1,600,000

113 W Cedar Ln, Payson, AZ 85541

Two adjoining commercial parcels combine storage units, leased garage space, and management apartments with additional expansion capacity.

Property Size7,185 SF
Lot Size1.43 Acres
Price / SF$222.69
Days on Market109

Property Features for 113 W Cedar Ln

General Information

Standard status Active
Size 7,185 SF
Lot size 1.43 Acres
Property subtype Commercial

Building Details

Year Built 1975
Listing Agency: AM/PM Realty Group LLC
Listed By: Robert Clarfield · License #BR579223000
Source: Findyourphoenixhome
Added: May 13 Changed: Aug 28 Last Checked: Aug 28 at 7:52PM

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.

This self-storage property comprises adjoining parcels at 104 W Phoenix St and 113 W Cedar Ln, totaling 1.43 acres. The operation includes more than 40 climate-controlled units across two buildings, plus a garage building with an 18-month remaining lease and 30 additional units. Two separate apartments, one in each building, provide on-site living or management accommodation. The Phoenix parcel includes 36 spaces, currently 66% occupied, while the Cedar parcel offers room for additional development or 20 RV parking spots.

The parcels carry separate C2 and C3 zoning designations: 0.93 acres at 104 W Phoenix St and 0.50 acres at 113 W Cedar Ln. The property was built in 1975 and is positioned at the intersection of W Phoenix St and W Cedar Ln in Payson, Arizona. Existing storage, leased garage space, apartments, and expansion areas create several components within the overall commercial property.

Key Highlights

  • 1.43‑acre self‑storage property across adjoining Phoenix and Cedar parcels
  • More than 40 climate‑controlled units in two buildings
  • Garage building leased for 18 months with 30 additional units

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.

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
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Frequently Asked Questions

What type of property is this?
Self storage facility - Two adjoining commercial parcels combine storage units, leased garage space, and management apartments with additional expansion capacity.
Where is this self storage facility located?
The property is located at 113 W Cedar Ln 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 across adjoining Phoenix and Cedar parcels; More than 40 climate‑controlled units in two buildings; Garage building leased for 18 months with 30 additional units
More about this property
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