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Property profile & analytics
OFF-MARKET
Bowling alleys

122 900th N Payson, UT 84651-1700

22,776 SF 2.5 ac lot Built 2005
Entity Owned ~ Est. High Equity
Property ID
US86-1397688
Property summary
AI-generated overview

This expansive 24,963 square foot storefront property in Payson, Utah, presents a unique investment opportunity. Currently operating as a bowling alley, the property offers significant potential for redevelopment. Located at 122 900 N, Payson, UT 84651, this 2.5-acre site boasts a strategic location near the future 37-acre UVU South County campus, promising substantial future growth and increased property value. The asking price is $2,900,000, translating to $116.17 per square foot. The existing building features 1200 Amps of 3-phase power, a significant asset for various industrial or commercial uses. While currently zoned for retail, the property's zoning allows for potential re-zoning to industrial uses, opening up a wide range of possibilities for future development. Detailed zoning information is available upon request. The sale of the property will result in the closure of the existing bowling alley, unless the buyer intends to continue its operation. This presents a blank canvas for a visionary investor to capitalize on the property's prime location and substantial size. The property's versatility and proximity to the expanding UVU campus make it an exceptional investment prospect with high growth potential.

Property profile
Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 2005
Total area 22,776 SF
Lot 2.5 ac (108,900 SF)
APN 35-445-0002
UPID US86-1397688
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
Current use
Occupant on record · Public records
  • Hot Rod Diner Restaurant
  • South County Lanes & Family Fun Center Bowling Alley
  • One Block West Studios Tutoring Service
  • Olympus Exteriors Hardware & Home Improvement Interior Design
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
by Request
Owner & transaction history
Nextspan Holdings LLC
Nextspan Holdings LLC
since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
2010
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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