New search
Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Office buildings
615 Main St, Payson, AZ 85541-4777
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-3128356
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
LOG
Total area
1,820 SF
Lot
0.17 ac (7,405 SF)
APN
304-06-209E
UPID
US07-3128356
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
-
Payson Walk-In Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$407k
Blend (final)
Blend
$525k
Owner & transaction history
Paydale LLC · 2 yrs held
Paydale LLC
since 2024
Last sale
$525,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Payson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Payson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $525k (Apr 1 2024)
Last sale anchor
$525k
Apr 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$288 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,300
Tax year 2023
Assessed value
$82,104
Assessed 2024
Previous assessed
$82,104
+0.0% YoY
Effective rate
5.24%
On assessed value
Assessed land
$5,948
Assessed improvement
$76,156
Land market value
$33,045
Improvement market value
$423,087
Total market value
$456,132
Applied tax rate
1,053.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Construction
LOG
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
2
Total area
1,820 SF
Lot
0.17 ac (7,405 SF)
APN
304-06-209E
UPID
US07-3128356
Jurisdiction
GILA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Construction
LOG
Heating
HOT WATER
Cooling
Yes
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Paydale LLC
Entity
Free & Clear · 2 yrs held
Mailing address
10974 E RAINTREE DR, SCOTTSDALE, AZ 85255-1805
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2024
$525,000
Paydale LLC
A & J Brandt Properties LLC
Special Warranty Deed
—
May 6, 2021
$382,500
A& J Brandt Properties LLC
John Baines
Warranty Deed
—
Dec 7, 2018
—
John R Baines
Dalton,paula E
Quit Claim Deed
related
—
Oct 3, 2018
$325,000
John R Baines
Htcleaver 7 Holdings LLC
Special Warranty Deed
$210,000 · Kenwood Mortgage Investments INC
May 1, 2014
$195,000
Htcleaver7 Holdings LLC
Sopeland Family Trust
Warranty Deed
$177,500 · Sopeland Family Trust (rt)
Dec 14, 2012
$125,000
Sopeland Family Trust
Sterling Saving Bank
Grant Deed
—
Jun 5, 2012
—
Sterling Svgs Bk
Baron Carol M
Trustees Deed
related
—
Sep 9, 2004
—
Richard Nelsen
Pollack,michael & Marta
Quit Claim Deed
related
—
Nov 30, 2001
—
Michael Pollack
Pollack Custom Works LLC
Quit Claim Deed
related
$262,600 · Sonoma National Bank
—
—
Michael Pollack
—
Deed Of Trust
related
$92,261 · John W Anderson
—
—
Michael Pollack
—
Deed Of Trust
related
$50,000 · John W & Cher Anderson
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 615 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
