Property profile

109 Main St Payson, AZ 85541

OFF-MARKET
Office buildings
Property ID
US07-0950156
2,284 SF 0.23 ac lot Built 1970
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 109 W Main Street, Unit 109, in the vibrant town of Payson, Arizona, presents a unique investment opportunity. Situated on a sizable 0.23-acre lot, this property offers significant potential for a variety of commercial ventures. The address places it directly on Main Street, ensuring high visibility and accessibility for customers. While the exact square footage is currently unavailable, the substantial lot size suggests ample space for development or expansion. The asking price of $460,000 represents a compelling entry point into the Payson commercial real estate market. This property is ideal for entrepreneurs seeking a prominent location to establish their business or for investors looking for a strong return on investment in a growing Arizona community. The property's Main Street location offers unparalleled exposure to a steady stream of pedestrian and vehicular traffic, maximizing its commercial viability. Given the size of the lot and its prime location, this property is well-suited for a range of commercial uses, subject to local zoning regulations. Further due diligence is recommended to explore the full potential of this exciting opportunity. Don't miss out on this chance to own a piece of Payson's thriving commercial landscape.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,284 SF
Lot 0.23 ac (10,019 SF)
APN 304-16-121
UPID US07-0950156

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Tax Preparation

Location

109 Main St Payson, AZ 85541-5329
Payson metro Census 301 PAYSON, AZ MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2018
1 recorded transaction
2018
$165,000

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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