1374 S American Way Payson, UT 84651
Property Lookup
Property profile & analytics
1374 S American Way Payson, UT 84651
- Industrial properties
- 31,504 SF
- 3.71 lot acres
Property ID
US86-1191689
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.
Location Intelligence
Current Use by Public Records
- Plunder Design, LLC / (Bike/Boat/Book/etc) Store
Property Details for 1374 S American Way
- Year built
- 2018
- Lot size
- 3.71 lot acres
- Property size
- 31,504 SF
- Property type
- Industrial properties
- APN
- 49-876-0004
- APU
- 498760004
Description
This exceptional Class A industrial property, located at 1374 W American Way in Payson, Utah, presents a unique investment opportunity. Boasting 55,625 square feet of net rentable space, this 2019-built, two-story building offers a versatile layout ideal for a variety of uses. The flex space includes 31,250 square feet on the ground floor and 24,375 square feet on the second level, perfectly suited for warehouse operations and office functions. The property features four dock-high doors, one ground-level door, and ample parking for 150+ vehicles. High-end office finishes are complemented by extensive amenities including two elevators, three conference rooms, a large auditorium, and two spacious breakrooms. The building is equipped with heavy power (3-phase 2000 Amps) and a 26-foot ceiling height. The property is currently vacant and zoned for light industrial use. With a pro-forma cap rate of 7.50% and an asking price of $9,000,000 ($161.80 per square foot), this NNN lease property represents a strong investment in a thriving Utah County location. The APN is 49:876:0004. This is a single-unit building with significant potential for a variety of businesses. The retail/showroom space adds to the property's versatility.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Payson
- County
- Utah
- State
- Utah
- Longitude
- -111.757
- Latitude
- 40.0408
- 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
2024
$40,517
$0.00
$0.00
$4,123,400
-
$955,900
$3,167,500
$4,123,400
