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1548 W American Way Payson, UT 84651

Flex space Google Maps
43,407 SF 3.51 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US86-0281760

Property summary

AI-generated overview

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

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Total area 43,407 SF
Lot 3.51 ac (152,808 SF)
APN 49-687-0002
UPID US86-0281760

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2025
Price N/A
2025
Price N/A
2024
Price N/A
2023
Price N/A
2022
Price N/A
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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