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    FOR SALE
    Commercial real estate

    413 E Granite Dells Rd, Payson, AZ 85541

    3.61 ac lot
    Property ID
    US07-0878372
    Property summary
    AI-generated overview

    This exceptional 3.61-acre property in Payson, Arizona, presents a unique investment opportunity. Located at 413 & 509 E Granite Dells Rd, this C-2 zoned land offers significant potential for commercial development. Its prime location is adjacent to the Safeway-anchored Ponderosa Village shopping center at the intersection of Highway 260 and Granite Dells Road. The current zoning allows for a variety of commercial uses, including retail and drive-thru establishments, making it ideal for a range of business ventures. The property boasts direct frontage on Granite Dells Road, further enhanced by a planned roadway widening project by the Town of Payson. Currently improved with a single-family residence and a duplex, generating a stable monthly rental income of $3,400 from three 100% leased units on month-to-month terms. All utilities are in place, including power (APS), a domestic well for water, septic systems for sewer, and CenturyLink telephone service. The property's APN is 304-02-005L & 304-02-005Q. This is a rare chance to acquire a versatile commercial parcel with existing income in a thriving Arizona community. The asking price is $2,500,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.61 ac (157,252 SF)
    APN 304-02-005L & 304-02-005Q
    UPID US07-0878372
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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