Property profile

104 Phoenix St Payson, AZ 85541

OFF-MARKET
Office buildings
Property ID
US07-1355861
2,376 SF 0.93 ac lot Built 1985
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property in Payson, Arizona, presents a unique investment opportunity. Spanning 0.93 acres, the property includes a substantial 2,376 square foot building, offering significant potential for a variety of commercial uses. The building's current configuration is unspecified, allowing for flexible adaptation to suit a diverse range of business needs. The generous lot size provides ample space for expansion, additional structures, or extensive landscaping. Located at 104 W Phoenix Street, this property benefits from excellent visibility and accessibility, making it an ideal location for attracting customers and clients. The asking price of $1,700,000 reflects the significant value and potential of this prime commercial real estate offering in the thriving Payson market. The property's size and location make it suitable for a wide range of commercial ventures, from retail and office spaces to light industrial uses. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's current condition and zoning are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction WOOD
Total area 2,376 SF
Lot 0.93 ac (40,511 SF)
APN 304-17-124
UPID US07-1355861

Cap rate & NOI

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

Location

104 Phoenix St Payson, AZ 85541-5436
Payson metro Census 301 PAYSON, AZ MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2022
Last sale
$437,000
7 recorded transactions
2022
$437,000
2019
Price N/A
2019
$375,000
2015
Price N/A
2011
Price N/A
2010
Price N/A
2006
Price N/A

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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