Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    307 Beeline Hwy Payson, AZ 85541

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Payson retail space available.

    Lot size:
    41,319 SF

    Property Features for 307 Beeline Hwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,319 SF
    Total Rate
    34432.5

    Building Details

    Year Built/Renovated
    1972/2019

    Spaces For Lease

    at 307 Beeline Hwy, Payson, AZ 85541 Contact us
    Unit Suite 307

    $14 /Mo

    Size
    7,538 SF
    Contact us
    Unit Suite 307-C

    $14 /Mo

    Size
    1,693 SF
    Contact us
    Unit Suite 307 G

    $14 /Mo

    Size
    811 SF
    Contact us

    We can help!

    Listing Contact
    Matt Schrauth
    Matt Schrauth

    Listing Agency: Avison Young Phoenix Listing Agent: Matt Schrauth

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Payson Plaza, located at 307 S Beeline Hwy, Payson, AZ 85541, presents a unique opportunity for retail businesses seeking space in a thriving community. This 41,319 square foot strip/neighborhood center, built in 1972 and extensively renovated in 2019, offers multiple tenancy options. Currently, 10,042 square feet of space is available, divisible into units ranging from a minimum of 772 square feet to a maximum contiguous space of 7,538 square feet. The property is zoned Commercial by the Town of Payson, Gila County, ensuring flexibility for a variety of retail uses. Its convenient location on S Beeline Highway provides excellent visibility and accessibility for customers. The recent renovations ensure a modern and attractive environment for tenants and shoppers alike. This is an ideal location for businesses seeking to establish or expand their presence in the Payson market. The property's size and layout offer versatility, accommodating a range of retail concepts. Don't miss this chance to secure your space in this well-maintained and strategically located retail center. Contact us today to learn more about leasing opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Democratic Club Northern ... Advocacy Group Vanquish MMA & Jiu ... Training Center Smoke on the rim (Bike/Boat/Book/etc) Store Arizona Fitness Club Gym & Fitness Center Payson Barber Shop Barber Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Gila
    State
    Arizona
    Longitude
    -111.3219212
    Latitude
    34.2372988

    Nearby Similar for Lease

    • Contact for pricing
      1 SF

      Payson Retail Anchor Box Available

      30,000 SF anchor box available in primary Payson center.
      87 Beeline Hwy, Payson, AZ 85541
      View Details
    • Contact for pricing
      4,551 SF

      Freestanding Building on Beeline Highway

      High-visibility retail space in Payson's main thoroughfare.
      312 S Beeline Hwy, Payson, AZ 85541
      View Details
    • Contact for pricing
      30,000 SF

      Payson Retail Center For Rent

      Retail center in Payson with highway access and high visibility.
      400 Az-260, Payson, AZ
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space in Busy Center

      Retail space available in Safeway-anchored shopping center on Highway 260.
      203-321 Hwy E, Payson, AZ
      View Details
    • Contact for pricing
      218,037 SF

      Payson Retail Center Spaces Available

      Retail spaces available in dominant neighborhood center, Payson, Arizona.
      142 Az-260, Payson, AZ 85541
      View Details
    • Contact for pricing
      1,386 SF

      Retail Space in Payson Center

      Retail spaces available in a primary Payson shopping center.
      128-254 Arizona 260, Payson, AZ
      View Details
    • Contact for pricing
      3,360 SF

      Medical Plaza Office Space Available

      Medical and dental suites available for lease at $25.00/SF.
      117 E Main St, Payson, AZ 85541
      View Details
    • Contact for pricing
      30,000 SF

      Payson Retail Space: Prime Location

      Large Vacant Retail Space in Payson, AZ
      87 Beeline Hwy, Payson, AZ 85541
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Payson retail space available.
    Where is this neighborhood center located?
    The property is located at 307 Beeline Hwy Payson, AZ.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High traffic counts on SR-87 provide excellent visibility.; New monument and sign towers offer superior signage opportunities.; Centrally located in the heart of town.
    (602) 684-6209 Call to check price and availability
    Request Owner's contact information
    307 Beeline Hwy Payson, AZ 85541
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    307 Beeline Hwy
    Payson, AZ 85541
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    307 Beeline Hwy Payson, AZ 85541
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matt Schrauth
    Matt Schrauth
    Real Estate License ID: SA033269000
    (602) 684-6209 (480) 994-8155 (480) 423-7953
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!