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Property profile & analytics
OFF-MARKET
Retail space

807 Beeline Hwy Payson, AZ 85541-5461

5,195 SF 0.34 ac lot Built 1954
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US07-0157652
Property summary
AI-generated overview

Rim Plaza, located at 807 S Beeline Hwy in Payson, Arizona (zip code 85541), presents a unique owner-user opportunity. This established shopping center, built in 1954, boasts 4,995 square feet across four units situated on a 0.34-acre lot (APN: 302-63-097, 304-16-152). The asking price is $585,000, translating to $117.12 per square foot. The property is zoned for commercial use and benefits from excellent visibility and high traffic counts due to its prominent location on Beeline Highway. Ample parking is available both in front and behind the building, enhancing customer convenience. Multiple monument signage opportunities exist, providing excellent branding potential for the owner-user. Currently, two suites are occupied by tenants on month-to-month leases. Recent improvements include a freshly repaved and restriped parking lot, and new shade structures are planned for installation. This property represents a solid investment in a thriving Arizona community. The single building is a classic example of Payson's early commercial development, offering a blend of history and potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Construction WOOD
Total area 5,195 SF
Lot 0.34 ac (14,810 SF)
APN 304-16-152
UPID US07-0157652
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
  • Meezzly Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Rim Runners LLC (Bike/Boat/Book/etc) Store
  • Prodigy Barbershop Barber Shop
  • Hale Accounting / Shelly Hale Accounting Firm Tax Preparation
  • Domitrovich LLC Restaurant
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
Ocean 9 Properties LLC · 1 yrs held
Ocean 9 Properties LLC
since 2024
4 recorded transactions
2024
$525,000
2018
Price N/A
2018
$375,000
2003
$300,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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