292 American Way Payson, UT 84651
This exceptional Class A industrial condo, located at 292 S American Way, Unit 16, Payson, UT 84651, presents a unique owner-user opportunity. Boasting 2,328 square feet, this single-story, 2024-built unit is part of the Easton Industrial Park, a premier development. The property features a 24-foot ceiling height, one loading dock, and sits on a 3.19-acre lot. Zoned BPD Business Park Development, it offers convenient access to I-15, providing a one-day truck turn to the Port of Los Angeles. The asking price is $689,750, translating to $296.28 per square foot. The building is vacant and ready for immediate occupancy. Its strategic location offers proximity to retail, restaurants, Mountain View Hospital, and Payson High School, benefiting from high daily traffic volume. This is an ideal space for businesses seeking a modern, efficient, and well-located industrial facility in a thriving Utah County community. The property is part of a larger development with units ranging from 2,327 to 9,833 square feet. Completion is expected in September 2024. This NNN lease type property offers a compelling investment for owner-occupiers seeking a strategic location and modern amenities.
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
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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.