Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    307 Beeline Hwy Payson, AZ 85541

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    307 Beeline Hwy Payson, AZ 85541

    View on Map
    • Neighborhood centers
    • 41,319 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Democratic Club Northern Gila / Advocacy Group / Volunteer Organization
    • Vanquish MMA & Jiu Jitsu / Training Center / Sports School
    • Smoke on the rim / (Bike/Boat/Book/etc) Store
    • Arizona Fitness Club / Gym & Fitness Center
    • Payson Barber Shop / Barber Shop

    Property Details for 307 Beeline Hwy

    Year built
    1972
    Property size
    41,319 SF
    Property type
    Neighborhood centers
    Property subtype
    Community centers

    Description

    Payson Plaza, located at 307 S Beeline Hwy, Payson, AZ 85541, presents a unique opportunity for retail businesses seeking space in a thriving community. This 41,319 square foot strip/neighborhood center, built in 1972 and extensively renovated in 2019, offers multiple tenancy options. Currently, 10,042 square feet of space is available, divisible into units ranging from a minimum of 772 square feet to a maximum contiguous space of 7,538 square feet. The property is zoned Commercial by the Town of Payson, Gila County, ensuring flexibility for a variety of retail uses. Its convenient location on S Beeline Highway provides excellent visibility and accessibility for customers. The recent renovations ensure a modern and attractive environment for tenants and shoppers alike. This is an ideal location for businesses seeking to establish or expand their presence in the Payson market. The property's size and layout offer versatility, accommodating a range of retail concepts. Don't miss this chance to secure your space in this well-maintained and strategically located retail center. Contact us today to learn more about leasing opportunities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Gila
    State
    Arizona
    Longitude
    -111.322
    Latitude
    34.2373

    Comparable in this City

    • Value Estimation by Request
      17,105 SF

      201 Beeline Hwy

      SHOPPING CENTER, STRIP CENTER • 17,105 SF
      201 Beeline Hwy, Payson, AZ 85541-4304
      View Details
    • Value Estimation by Request
      37,100 SF

      101 State Hwy 260

      SHOPPING CENTER, STRIP CENTER • 37,100 SF
      101 State Hwy 260, Payson, AZ 85541-4921
      View Details
    • Value Estimation by Request
      40,070 SF

      230 State Hwy 260

      SHOPPING CENTER, STRIP CENTER • 40,070 SF
      230 State Hwy 260, Payson, AZ 85541-4927
      View Details
    • Value Estimation by Request
      14,120 SF

      160 State Hwy 260

      SHOPPING CENTER, STRIP CENTER • 14,120 SF
      160 State Hwy 260, Payson, AZ 85541-4948
      View Details
    • Value Estimation by Request
      14,344 SF

      118 Ponderosa St

      SHOPPING CENTER, STRIP CENTER • 14,344 SF
      118 Ponderosa St, Payson, AZ 85541
      View Details
    • Value Estimation
      $905,000
      61,620 SF

      101 State Hwy 260109-111-11

      SHOPPING CENTER, STRIP CENTER • 61,620 SF
      101 State Hwy 260109-111-11, Payson, AZ 85541-4921
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,000 SF

      Restaurant Building on Large Lot

      Restaurant building for sale on a 0.75 acre lot.
      1111 S Beeline Hwy, Payson, AZ 85541
      View Details
    • Contact for pricing
      2,505 SF

      Corporate Lease with Chipotle

      Retail property with a corporate Chipotle lease and drive-thru.
      108 S Beeline Hwy, Payson, AZ 85541
      View Details
    • Contact for pricing
      5,245 SF

      Prime Payson Commercial Pad

      High-visibility commercial pad at a signalized hard corner.
      805 S Beeline Hwy, Payson, AZ 85541
      View Details
    • Contact for pricing
      2,621 SF

      Established Paint Supply Business For Sale

      Turnkey paint supply business with 28+ years of success.
      1006 N Beeline Hwy, Payson, AZ 85541
      View Details
    • $339,500
      1,141 SF

      Christopher Creek Commercial Property For Sale

      Versatile commercial property in Christopher Creek with residential conversion potential.
      1389 E Christopher Creek Loop, Payson, AZ 85541
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,300 SF

      Retail Space in Busy Center

      Retail space available in Safeway-anchored shopping center on Highway 260.
      203-321 State Highway 260 E, Payson, AZ 85541
      View Details
    • Contact for pricing

      Rim Country Mall Retail Space

      Retail spaces available at Rim Country Mall.
      87 Beeline Hwy, Payson, AZ 85541
      View Details
    • $10 SF/Yr
      7,538 SF

      Payson Plaza Retail Space

      Retail space for lease in renovated Payson Plaza.
      307 S Beeline Hwy, Payson, AZ 85541
      View Details
    • Contact for pricing

      Payson Retail Center Spaces Available

      Retail spaces available in dominant neighborhood center, Payson, Arizona.
      142 Az-260, Payson, AZ 85541
      View Details
    • Contact for pricing

      Freestanding Building on Beeline Highway

      High-visibility retail space in Payson's main thoroughfare.
      312 S Beeline Hwy, Payson, AZ 85541
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      307 S Beeline Hwy, Payson, AZ 85541
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    307 Beeline Hwy
    Payson, AZ 85541
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!