292 American Way Payson, UT 84651
This exceptional Class A industrial condo, located at 292 S American Way, Payson, UT 84651, offers 2,328 square feet of versatile space ideal for owner-users. Built in 2024, this single-story unit features a 24-foot ceiling height and one loading dock, perfect for various manufacturing, warehouse, or flex uses. The property sits on a 3.19-acre lot and is zoned BPD Business Park Development. Priced at $689,750 ($296.28/sq ft), this NNN lease property is currently vacant and presents a unique opportunity. Its strategic location provides easy access to I-15, facilitating efficient transportation, including a one-day truck turn to the Port of Los Angeles. The area boasts high daily traffic (19,000 cars), proximity to retail, restaurants, Mountain View Hospital, and Payson High School, ensuring a thriving business environment. This is a prime opportunity to establish your business in a rapidly growing community. The building is part of a larger development with 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
Similar Nearby for Sale
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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.