111 Longhorn Rd Payson, AZ 85541
This exceptional 1.63-acre commercial land parcel presents a unique investment opportunity in the heart of Payson, Arizona. Located at 111 W Longhorn Rd, 85541, this C-2 zoned property boasts approximately 190 feet of frontage on W. Longhorn Road and offers convenient access to State Route 87. Situated near the town's busiest intersection (State Highway 87 and AZ Route 260), this site enjoys high visibility and proximity to numerous amenities, including restaurants, shopping centers (like the Swiss Village area), supermarkets (including a Wal-Mart Super Store), Walgreens, banks, coffee shops, and town parks. Its location is also minutes from Green Valley Park and Rumsey Park, and approximately 1.5 miles from the proposed Arizona State University Payson branch campus. The property's strategic location within Gila County capitalizes on Payson's thriving tourism market, driven by its moderate four-season climate and proximity to the White Mountains recreational areas and Tonto Natural Bridge State Park (approximately 20 miles northwest). The mostly level terrain features a wash on the western portion. Utilities are available along W. Longhorn Road and State Route 87
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.