1548 W American Way Payson, UT 84651
Property summary
This exceptional Class A industrial property at 1548 American Way offers 49,684 square feet of flexible space, ideal for various industrial uses. The building, constructed in 2024, features seven individual suites ranging from a minimum of 5,396 square feet to a maximum contiguous space of 43,495 square feet. The single-story building boasts a 23-foot ceiling height, providing ample vertical clearance. Seven drive-in doors and one common loading dock ensure efficient loading and unloading. Ample parking is available with 100 spaces designated for tenants. The property is zoned for light industrial use and is equipped with 220v, 3-phase, 400-amp power. Two units are currently available and ready for immediate occupancy. Lease incentives are being offered by a motivated owner. A sample office build-out is available for viewing online. The prime location offers easy access to I-15, making it an attractive option for businesses needing convenient transportation links. This is a rare opportunity to secure high-quality, modern industrial space in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Payson market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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