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    1389 Christopher Creek Loop Payson, AZ 85541

    Sponsored
    For Sale
    $389,000

    1,141 SF Office, Month-to-Month Lease

    Property size:
    1,141 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,141-square-foot freestanding office building, situated on an 8,927-square-foot lot in Payson, Arizona, presents a unique investment opportunity. Built in 1973 and renovated in 2020, the Class C property features a single unit with a modified month-to-month lease to a franchisee tenant. The building boasts a private office, open office/reception area (suitable for retail use), conference room, kitchenette, attached storeroom, fireplace with woodstove insert, and a gas stove in the conference room. Upgrades include newer gas heat and refrigeration units, professional built-in cabinets and countertops. The interior features knotty pine and slump block construction. Furnishings are negotiable. The property also includes eight parking spaces, additional storage buildings, and an RV hookup. Zoned for general unclassified use, this property offers potential for various uses, including a weekend lodge or vacation business, given its location in the desirable Christopher Creek mountain community. The asking price is $389,000, with a price per square foot of $340.93. The APN is 303-09-007D.

    Property Features for 1389 Christopher Creek Loop

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,141 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1973/2020
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Freestanding building.
    • Month‑to‑month tenant in place.
    • Ideal owner‑user opportunity.
    • Lodge‑style mountain aesthetic.
    • Excellent commercial location.
    • On‑site RV hookup.
    Property Profile Location Intelligence

    Current Use by Public Records

    Laurie Johnson - Realty ... Real Estate Agency Realty Executives Arizona ... Real Estate Agency Susan Keown - Realty ... Real Estate Agency

    Suggested Use

    Realty agency Grocery Store Bar & Pub Hotel & Motel Food Market Bed & Breakfast Farmer's Market Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Gila
    State
    Arizona
    Longitude
    -111.011862
    Latitude
    34.3197657

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    FAQs

    What type of property is this?
    Office Property / Space - 1,141 SF Office, Month-to-Month Lease
    Where is this office property / space located?
    The property is located at 1389 Christopher Creek Loop Payson, AZ.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: Freestanding building.; Month-to-month tenant in place.; Ideal owner-user opportunity.
    Request Owner's contact information
    1389 Christopher Creek Loop Payson, AZ 85541
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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
    1389 Christopher Creek Loop Payson, AZ 85541
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