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Property profile & analytics
FOR SALE
Land

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 Land
Lot 3.61 ac (157,252 SF)
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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