Technical
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Property profile

1500 American Way 500 Payson, UT 84651

OFF-MARKET
Warehouses
920,964 SF
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Property summary

AI-generated overview

This premier Class A industrial property, the Central Logistics Center, offers 920,964 square feet of flexible warehouse, distribution, and flex space in Payson, Utah. Situated on a 58-acre lot at 1500 West (American Way) 500 South, 84651, this single-building facility features four suites, with a minimum divisible space of 28,500 square feet and a maximum contiguous space of 773,868 square feet. The property boasts excellent access to major transportation routes, including I-15, making it strategically located to serve the thriving Utah County market. This location benefits from a strong labor pool and significant projected employment growth. Ideal for manufacturing, distribution, and final-mile logistics operations, this is a rare opportunity to lease in one of Utah's fastest-growing industrial areas. The property's APN is 300610014. This is a multi-tenant building with a total of four suites. The property is classified as Class A.

Property profile

Verified
Property type Warehouses
Total area 920,964 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1500 American Way 500 Payson, UT 84651
Payson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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