Property profile

609 Beeline Hwy Payson, AZ 85541

OFF-MARKET
Office buildings
Property ID
US07-1387595
2,864 SF 0.17 ac lot Built 1994
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 2,875 square foot, two-story office building is situated on a 0.25-acre lot at 609 S. Beeline Hwy, Payson, AZ 85541, at the intersection of Beeline Hwy and McKamey St. Built in 1994, the property features a single tenancy and ample parking with 20 spaces. The building boasts a versatile layout, previously used as a real estate office, but easily adaptable to various uses including traditional, medical, or creative office spaces. The zoning is C-2. The building offers approximately 2,230 square feet on the ground floor and 780 square feet on the second floor. Interior features include private offices, conference rooms, a reception area, and a combined copy/break room. The property benefits from high visibility and high traffic counts due to its location on Beeline Highway. APS provides power. The property's APN is 304-03-048A. Annual property taxes are $0.16 per square foot. This presents a unique opportunity for a business seeking a prominent location with excellent accessibility.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Construction WOOD
Total area 2,864 SF
Lot 0.17 ac (7,405 SF)
APN 304-03-048A
UPID US07-1387595

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
  • Real Estate Agency

Location

609 Beeline Hwy Payson, AZ 85541-5302
Payson metro Census 500 PAYSON, AZ MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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