400 N Beeline Hwy Payson, AZ 85541

This property features approximately 7.36 vacant acres at the signalized northwest corner of Arizona State Route 87 and W Rumsey Drive in Payson, Arizona. Payson is situated roughly 90 minutes northeast of the Phoenix/Scottsdale metro area, within Gila County. The location serves as a gateway to the White Mountains recreational areas. The site is immediately north of the Payson Wal-Mart Super Store and near Home Depot, Safeway Supermarket, Basha’s, Walgreen, Wells Fargo, Culver’s, Dutch Bros, Starbucks, Chapman Auto, and Chili’s. Approximately 4.2 acres on the eastern portion of the property, fronting the Beeline Highway, are zoned C-2, while the western portion, about 3.1 acres, is zoned R-3 by the Town of Payson. These zoning designations permit a variety of multifamily development options. The seller will allow a qualified buyer time to seek government approvals. The property has approximately 600 feet of frontage on the Beeline Highway (State Route 89) with an average daily traffic count of approximately 18,232 in 2020, and approximately 790 feet of frontage on W Rumsey Drive. The property is one of the highest elevations in central Payson and offers views of the surrounding mountains. It features rolling topography with high desert vegetation and mature trees. Town of Payson water and sewer, as well as electricity and natural gas lines, are located underground at the property line.