Property profile

1389 Christopher Crk Loop Payson, AZ 85541

OFF-MARKET
Office buildings
Property ID
US07-1688086
1,141 SF 0.21 ac lot Built 1973
Individually Owned 3-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

1389 Christopher Crk Loop Payson, AZ 85541-2218
Payson metro Census 200 PAYSON, AZ MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$85k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2023
Last sale
$80,000
4 recorded transactions
2023
Price N/A
2023
Price N/A
2007
Price N/A
2001
$80,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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