292 American Way Payson, UT 84651
This exceptional Class A industrial condo, located in the newest Easton Industrial Park development in Payson, Utah, offers 2,328 square feet of versatile flex space, perfect for warehouse or manufacturing needs. Priced at $689,750 ($296.28/sq ft), this vacant unit sits on a 3.19-acre lot and features a 24-foot clear height. The property boasts convenient access to I-15, providing a one-day truck turn to the Port of Los Angeles, a significant advantage for logistics-focused businesses. Located just minutes from retail, restaurants, Mountain View Hospital, and Payson High School, this unit benefits from high daily traffic volume (19,000 cars). The unit includes one ground-level loading door (14' x 16'). This is an owner-user opportunity in a thriving commercial area, with the entire development expected to be completed by September 2024. The property is a triple net (NNN) lease. This is a rare chance to secure a prime location in a rapidly growing community. The Easton Industrial Park comprises sixteen units ranging from 2,327 to 9,833 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.