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1109 Beeline Hwy Payson, AZ 85541-3715

OFF-MARKET Bowling alleys Google Maps
17,945 SF 1.71 ac lot Built 1987
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$460k
Range $414k – $506k (±10%)
Property ID US07-0391057

Property summary

AI-generated overview

This exceptional investment opportunity presents a unique commercial property located at 1109 N Beeline Highway in Payson, Arizona, 85541. The property encompasses a substantial 74,487 square foot lot and features a fully operational bowling center. The center itself includes a snack bar, a dedicated party zone, a gamers' den, and a bar equipped with billiards and a dance floor. An attractive enclosed outdoor patio adds to the entertainment options. The property boasts high visibility due to its prime location directly on Beeline Highway. A significant advantage is its status as the only bowling center within an 80+ mile radius, ensuring a substantial and largely untapped market. The current owner has implemented numerous improvements, enhancing the property's value and operational efficiency. This turnkey business presents a rare chance to acquire a well-established entertainment venue with significant growth potential in a desirable location. The asking price for this remarkable property is $950,000. This is a truly unique opportunity for an investor seeking a high-return, established business in a thriving community.

Property profile

Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 1987
Construction WOOD
Total area 17,945 SF
Lot 1.71 ac (74,488 SF)
APN 302-68-302A
UPID US07-0391057

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
  • Atm
  • Bowling Alley

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2018
$620,000
2013
$510,000
2011
$634,919
2002
$724,000
1969
Price N/A
1969
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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