1801 Az-260 Payson, AZ 85541
- Land
- 3.18 lot acres
Current Use by Public Records
- Land
Property Details for 1801 Az-260
- Lot size
- 3.18 lot acres
- Property type
- Land
Description
This exceptional 3.18-acre commercial land parcel, located at 1801 E Highway 260 & 106 S Rim Club Parkway, Payson, AZ 85541 (APN: 304-61-141A and 304-61-140B), presents a unique investment opportunity in a thriving Arizona market. The property boasts a highly desirable C2 zoning, allowing for versatile development options, including mixed-use projects combining commercial and residential components. Its strategic location directly across from the Payson Fire Department offers enhanced safety and potential insurance advantages. The combined parcels (1.34 acres and 1.84 acres) provide ample space for a variety of projects. Payson's robust real estate market, characterized by a median home value of $462,599 and a remarkable 140.71% increase over the past decade, signals strong investment potential. The town's population of approximately 15,000, attracting families and retirees alike, fuels a consistent demand for housing and commercial services. This area experiences economic growth across retail, dining, healthcare, and education sectors. The property's proximity to Phoenix and Flagstaff further enhances its appeal. Surrounded by the natural beauty of the Tonto National Forest, Payson offers a desirable lifestyle, attracting both residents and visitors. This land presents an ideal opportunity for developers seeking to capitalize on Payson's growth and create lasting value through innovative commercial or residential projects. The asking price is $363,500, representing a compelling entry point into this dynamic market. The property is offered fee simple.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Payson
- County
- Gila
- State
- Arizona
- Longitude
- -111.295
- Latitude
- 34.2456
