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    OFF-MARKET
    Office buildings

    1389 Christopher Crk Loop, Payson, AZ 85541-2218

    1,141 SF 0.21 ac lot Built 1973
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US07-1688086
    Property summary
    AI-generated overview

    This exceptional Payson, AZ commercial property, situated on a 0.2-acre lot at 1389 E Christopher Creek Loop Unit 1389, presents a unique investment opportunity. Originally established in 1990 and substantially reconstructed the same year, this building boasts a versatile layout ideal for a variety of businesses. The interior features a private office, a spacious open office/reception area (easily adaptable as a showroom or retail space), a dedicated conference room, a convenient kitchenette, and an attached storeroom. Adding to the comfort and functionality, the property includes a fireplace with a woodstove insert and an attractive Vermont Castings gas stove in the conference room. Significant upgrades were completed in 2017, including the installation of a new gas and electric HVAC unit and the replacement of the roof with 3-tab architectural grade shingles. The interior showcases professional built-in cabinets and countertops, complemented by a charming knotty pine finish and slump block construction. The property also includes two separate storage buildings, providing ample additional space. High-speed internet access is readily available through CenturyLink, further enhanced by the proximity of a cell tower ensuring excellent cellular and internet service. Furnishings are negotiable. This property offers a blend of established infrastructure and modern updates, making it a compelling option for discerning buyers.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1973
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,141 SF
    Lot 0.21 ac (9,148 SF)
    APN 303-09-007D
    UPID US07-1688086
    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
    • Laurie Johnson - Realty Executives Arizona Territory Real Estate Agency
    • Realty Executives Arizona Territory - Christopher Creek Real Estate Agency
    • Susan Keown - Realty Executives Arizona Territory Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Susan G Keown · 2 yrs held
    Susan G Keown
    since 2023
    Last sale
    $80,000
    4 recorded transactions
    2023
    2023
    2007
    2001
    $80,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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