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    Property profile & analytics

    115 Utah Ave Payson, UT 84651-2100

    • Individual retail properties
    • 2,573 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 04, 2023
    Location Intelligence
    Property ID
    US86-0261324
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Divas Salon / Barber Shop
    • Hair by Joette / Beauty Salon

    Property Details for 115 Utah Ave

    Year built
    1945
    Lot size
    0.06 lot acres
    Property size
    2,573 SF
    Property type
    Individual retail properties
    APN
    08-023-0007
    APU
    80230007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Utah
    State
    Utah
    Longitude
    -111.734
    Latitude
    40.0435
    CBSA code
    39340
    CBSA name
    PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,737
    $0.00
    $0.00
    $177,300
    -
    $65,300
    $112,000
    $177,300

    Comparable in this City

    • Value Estimation by Request
      2,528 SF

      114 400th S

      LAUNDROMAT (SELF-SERVICE) • 2,528 SF
      114 400th S, Payson, UT 84651-2816
      View Details
    • Value Estimation by Request
      1,610 SF

      5 Main St

      BARBER, HAIR SALON • 1,610 SF
      5 Main St, Payson, UT 84651-2238
      View Details
    • Value Estimation by Request
      1,031 SF

      171 100th N

      BARBER, HAIR SALON • 1,031 SF
      171 100th N, Payson, UT 84651-2230
      View Details
    • Value Estimation by Request
      1,222 SF

      50 Main St

      BARBER, HAIR SALON • 1,222 SF
      50 Main St, Payson, UT 84651-2239
      View Details
    • Value Estimation by Request
      456 SF

      10 Main St

      BARBER, HAIR SALON • 456 SF
      10 Main St, Payson, UT 84651-2239
      View Details
    • Value Estimation by Request
      828 SF

      90 700th E

      BARBER, HAIR SALON • 828 SF
      90 700th E, Payson, UT 84651-2350
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $30 SF/Yr
      1,982 SF

      Retail Space Near Technical College

      Retail space near new technical college and mixed-use development.
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      Retail space near new technical college campus in Payson.
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      Retail Space with High Traffic

      Retail space with high-traffic co-tenancy and a long-term lease.
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    • Contact for pricing
      5,000 SF

      Retail Space Near Walmart

      Up to 5,000 SF retail space near Walmart Supercenter.
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      1,500 SF

      Payson Retail Pad - 1500 SF

      High-traffic Payson, UT retail space available.
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    • Contact for pricing
      3,049 SF

      Payson Office Space For Rent

      Prime office space in Payson, just off I-15.
      757 S 1040 W, Payson, UT 84651
      View Details
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    115 Utah Ave
    Payson, UT 84651-2100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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