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Property profile & analytics
FOR SALE
Office buildings

373 S 100 W Payson, UT 84651

2,668 SF 0.24 ac lot Built 1940
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US86-0540640
Property summary
AI-generated overview

This exceptional commercial property presents a rare opportunity in Payson, Utah. Located on a sizable 0.25-acre lot in a high-traffic area, this office building offers significant potential for a variety of businesses. Its convenient proximity to Payson's historic downtown ensures high visibility and accessibility. The property features a substantial paved parking lot, providing ample parking for employees and customers. The main building boasts a large, open showroom or office space, ideal for showcasing products or conducting business operations. Additional space is available in the rear of the building, offering flexibility for expansion, storage, or separate office areas. The building's prime location and generous parking make it an attractive option for businesses seeking a prominent presence in a thriving community. This is a truly remarkable opportunity to acquire a well-situated commercial property with significant upside potential. The asking price is $350,000. Serious inquiries only. Square footage will need to be verified by the buyer.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 2,668 SF
Lot 0.24 ac (10,672 SF)
APN 37-172-0001
UPID US86-0540640
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
  • Ryan Mortgage Company Loan Service Bank
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
Blaine E Patterson · 8 yrs held
Blaine E Patterson
since 2017
7 recorded transactions
2017
Price N/A
2010
Price N/A
2009
Price N/A
2009
Price N/A
2005
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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