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    OFF-MARKET
    Automotive properties

    109 Phoenix St, Payson, AZ 85541-5469

    1,200 SF 0.31 ac lot Built 1967
    Individually Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US07-3324472
    Property summary
    AI-generated overview

    This exceptional commercial property in Payson, Arizona presents a unique investment opportunity. Located on a 0.32-acre lot just off Highway 87, this C2-zoned building offers significant versatility for a wide range of commercial uses. The building itself boasts a spacious, open-concept layout, providing ample room for customization to suit specific business needs. The expansive lot provides abundant outdoor space, perfect for parking, outdoor seating, storage, or future expansion projects. Its prime location ensures high visibility and easy accessibility for customers and employees. The high-demand area guarantees strong potential for growth and return on investment. This property is ideally suited for entrepreneurs and businesses seeking a strategic location in a thriving community. The C2 zoning allows for a diverse array of commercial activities, making it an attractive option for various business ventures. Don't miss this chance to acquire a property with significant potential in a rapidly growing area of Payson. The combination of size, location, and zoning makes this an exceptional opportunity for commercial development or expansion. The property's strategic placement near Highway 87 ensures excellent visibility and convenient access. This is a rare chance to secure a substantial commercial property in a desirable location.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1967
    Construction WOOD
    Total area 1,200 SF
    Lot 0.31 ac (13,504 SF)
    APN 304-17-165C
    UPID US07-3324472
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Daniel R Shover SR. · 6 yrs held
    Daniel R Shover SR.
    since 2019
    Last sale
    $300,000
    7 recorded transactions
    2019
    2012
    2012
    2004
    $156,000
    2002
    $148,650
    1996
    1996
    $125,405
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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