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    Property profile & analytics

    3 Main St Payson, UT 84651-2238

    • Retail space
    • 2,246 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 09, 2024
    Location Intelligence
    Property ID
    US86-0233348
    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.

    Current Use by Public Records

    • El Centro De Payson / Mexican Grocery Store / Mexican Goods Store
    • Zaragozas Market / Grocery Store
    • USPS drop box / Mailing Service
    • Snapper Mexican Seafood / Mexican Restaurant

    Property Details for 3 Main St

    Year built
    1953
    Lot size
    0.05 lot acres
    Property size
    2,246 SF
    Property type
    Retail space
    APN
    08-028-0002
    APU
    80280002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Utah
    State
    Utah
    Longitude
    -111.732
    Latitude
    40.0437
    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
    2023
    $2,094
    $0.00
    $0.00
    $213,700
    -
    $72,800
    $140,900
    $213,700

    Comparable in this City

    • Value Estimation by Request
      227,007 SF

      1551 American Way

      RETAIL STORES (PERSONAL SERVICES) • 227,007 SF
      1551 American Way, Payson, UT 84651-4651
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    • Value Estimation by Request
      2,961 SF

      26 Utah Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,961 SF
      26 Utah Ave, Payson, UT 84651-2101
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    • Value Estimation by Request
      4,983 SF

      25 100th S

      RETAIL STORES (PERSONAL SERVICES) • 4,983 SF
      25 100th S, Payson, UT 84651-2204
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    • Value Estimation by Request
      4,671 SF

      65 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,671 SF
      65 Main St, Payson, UT 84651-2222
      View Details
    • Value Estimation by Request
      1,713 SF

      60 Utah Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,713 SF
      60 Utah Ave, Payson, UT 84651-2150
      View Details
    • Value Estimation by Request
      5,145 SF

      101 100th W

      RETAIL STORES (PERSONAL SERVICES) • 5,145 SF
      101 100th W, Payson, UT 84651-5551
      View Details

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    Similar Nearby for Lease

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      Payson Office Space For Rent

      Prime office space in Payson, just off I-15.
      757 S 1040 W, Payson, UT 84651
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    3 Main St
    Payson, UT 84651-2238
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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