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    1044 400 Payson, UT 84651

    For Sale
    $19,276,786

    52 Acres, Light Industrial Zoning, Utah

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 52.07-acre industrial land parcel presents a compelling investment opportunity in Payson, Utah. Located at 1044 W 400 N, 84651, this property boasts a desirable light industrial zoning designation, making it ideal for a variety of commercial and industrial developments. The expansive, flat terrain simplifies construction and significantly reduces development costs. The property's location within the rapidly growing Provo-Orem metropolitan area offers significant advantages, capitalizing on the region's robust economic expansion. Payson's projected job growth, with an anticipated increase of 23,000 new jobs by 2050, further underscores the area's strong potential for future development and return on investment. The stunning mountain views add to the property's overall appeal and desirability. This large, contiguous acreage provides ample space for a substantial industrial park or other large-scale commercial projects. The property's strategic location and zoning make it a prime candidate for significant future development. This is a rare opportunity to acquire a substantial land holding in a high-growth area of Utah. The asking price for this exceptional property is $19,276,786.

    Property Features for 1044 400

    General Information

    Property type
    Land
    Lot Size
    2,268,169 SF

    HighLights

    • 52.07‑acre industrial land parcel in Payson, UT.
    • Light industrial zoning, ideal for various commercial/industrial developments.
    • Flat terrain simplifies construction, reducing development costs.
    • Located in the rapidly growing Provo‑Orem metro area.
    • Payson projects 23,000 new jobs by 2050.
    • $19,276,786 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Wholesale Shop Bed & Breakfast Pet Store Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Utah
    State
    Utah
    Longitude
    -111.747034
    Latitude
    40.049955

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    FAQs

    What type of property is this?
    Land - 52 Acres, Light Industrial Zoning, Utah
    Where is this land located?
    The property is located at 1044 400 Payson, UT.
    What is the asking price?
    The asking price for this property is $19,276,786.
    What are key features of this property?
    This property features: 52.07-acre industrial land parcel in Payson, UT.; Light industrial zoning, ideal for various commercial/industrial developments.; Flat terrain simplifies construction, reducing development costs.
    Request Owner's contact information
    1044 400 Payson, UT 84651
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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
    1044 400 Payson, UT 84651
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