0 1000 Payson, UT 84651
This exceptional 2.3-acre commercial land parcel in Payson, Utah, presents a unique investment opportunity. Located at the prominent intersection of West Utah Avenue and North 1000 West, this property boasts 170 feet of frontage on Utah Avenue, ensuring high visibility and accessibility. The expansive 100,188 square foot lot is currently vacant, offering immediate development potential. Zoned I-1 (Light Industrial), the property allows for a wide range of commercial uses, making it ideal for businesses seeking a strategic location in a growing market. The asking price is $1,200,000, translating to $11.98 per square foot. The property's Assessed Parcel Number (APN) is 30:022:0102. The property is available for sale by owner and is ready for occupancy on April 7, 2024. This prime location in Utah County offers significant potential for future growth and return on investment. Don't miss this chance to acquire a substantial commercial land holding in a thriving area. The property is currently vacant and ready for immediate development. This is a rare opportunity to secure a large, well-located parcel in a desirable Utah County market.
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.