122 900th N Payson, UT 84651-1700
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.
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Hot Rod Diner Restaurant
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South County Lanes & Family Fun Center Bowling Alley
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One Block West Studios Tutoring Service
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Olympus Exteriors Hardware & Home Improvement Interior Design
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.