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    Property profile & analytics

    117 Main St Payson, AZ 85541-5293

    • Medical offices
    • 7,720 SF
    • 3.19 lot acres
    OFF-MARKET
    Value Estimation
    $2,230,000
    Last Sale
    Nov 21, 2022
    $2,266,000
    Location Intelligence
    Property ID
    US07-0130990
    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

    • Banner Health Clinic / Medical Clinic / Pulmonologist
    • Banner Health Center: Coppelli Ramona T / Medical Clinic / Health
    • Lynne Vigil, FNP / Registered General Nurse
    • James Warren Schouten, MD / Family Practice Physician / Pediatrician
    • Banner Health Center: Scott Diane M MD / Otolaryngologist

    Property Details for 117 Main St

    Year built
    2007
    Construction
    CONCRETE
    Lot size
    3.19 lot acres
    Property size
    7,720 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    304-16-308
    APU
    30416308

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,055,000
      6.5%
      $2,115,000
      7%
      $2,230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,915,000
      Geo Method
      $2,490,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,220,000
      Retail
      $2,190,000
      Mixed-Use
      $2,475,000
      Hospitality
      $2,205,000
      Educational
      $2,510,000
      Residential Income
      $2,000,000
      Energy
      $1,960,000
      Income-Based Land
      $1,940,000
      Food Service
      $2,490,000

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Gila
    State
    Arizona
    Longitude
    -111.324
    Latitude
    34.2294
    CBSA code
    37740
    CBSA name
    PAYSON, AZ MICROPOLITAN 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
    $60,797
    $18,598
    $649,329
    $667,927
    -
    $123,986
    $4,328,858
    $4,452,844

    Comparable in this City

    • Value Estimation
      $340,000
      1,168 SF

      200 Lone Pne Dr

      MEDICAL CLINIC • 1,168 SF
      200 Lone Pne Dr, Payson, AZ 85541-5519
      View Details
    • Value Estimation by Request
      2,132 SF

      111 Frontier St

      MEDICAL CLINIC • 2,132 SF
      111 Frontier St, Payson, AZ 85541-5518
      View Details
    • Value Estimation
      $320,000
      3,062 SF

      906 Beeline Hwy

      MEDICAL BUILDING • 3,062 SF
      906 Beeline Hwy, Payson, AZ 85541-5411
      View Details
    • Value Estimation by Request
      8,118 SF

      708 Coeur D Alene Ln

      MEDICAL CLINIC • 8,118 SF
      708 Coeur D Alene Ln, Payson, AZ 85541-5662
      View Details
    • Value Estimation
      $870,000
      2,548 SF

      300 Airport Rd

      MEDICAL BUILDING • 2,548 SF
      300 Airport Rd, Payson, AZ 85541-3607
      View Details
    • Value Estimation by Request
      15,114 SF

      126 Main St

      MEDICAL CLINIC • 15,114 SF
      126 Main St, Payson, AZ 85541-5488
      View Details

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    Similar Nearby for Lease

    • $25 SF/Yr
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      Medical Plaza Office Space Available

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      View Details
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      High-visibility retail space in Payson's main thoroughfare.
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    • $10 SF/Yr
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      Prime Payson retail space available.
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    • Contact for pricing
      218,037 SF

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      Retail spaces available in dominant neighborhood center, Payson, Arizona.
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      View Details
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    117 Main St
    Payson, AZ 85541-5293
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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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