1200 Beeline HwyPayson, AZ 85541

Property Details for 1200 Beeline Hwy

Year built

1974

Construction

CONCRETE

Lot size

0.56 AC

Property size (Sq ft)

2,020 SF

Property type

Turn key restaurants

APN

304-17-116D

APU

30417116D

Description

This exceptional commercial property, situated at 1200 S Beeline Highway, Unit 1200, Payson, Arizona, presents a remarkable opportunity for a thriving restaurant business. Boasting a 0.56-acre lot, this property benefits from its prime location on a high-traffic section of South Beeline Highway, ensuring excellent visibility and convenient access for customers. The building itself offers ample parking, a significant advantage in a busy commercial area. Its strategic location places it just minutes away from key local amenities, further enhancing its appeal. The well-equipped kitchen features a substantial 6-foot range and a 12-foot hood, providing ample capacity for culinary operations. Maximizing its marketing potential, the property includes a prominent 4x8 foot lighted highway sign and a larger rooftop sign, guaranteeing high visibility to passing traffic. Adding to its charm and functionality, a fenced garden patio provides an inviting outdoor dining space, perfect for creating a pleasant atmosphere for patrons. This property is priced at $550,000 and represents an exceptional investment opportunity for entrepreneurs and investors seeking to capitalize on Payson's growing community and robust tourism sector. The combination of location, amenities, and signage makes this a truly unique and attractive proposition.

• CAP approach

  CAP return

  Valuation

  6%

  $568,296

  6.5%

  $524,581

  7%

  $487,111

• Comparable approach

  Method

  Valuation

  Relative Method

  $413,942

  Geo Method

  $413,942

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,048,670

  Mixed-Use / Specialty

  $512,332

  Hospitality / Lodging

  $362,369

  Office

  $498,478

  Institutional / Educational

  $528,909

  Residential Income

  $618,824

  Multifamily

  $799,722

  Automotive / Energy

  $453,351

  Parking / Income-Based Land

  $166,700

  Restaurant / Food Service

  $244,317

  Healthcare / Senior Housing

  $536,030

Location Insight

City

Payson

County

Gila

State

Arizona

Latitude

34.2258

Longitude

-111.332

CBSA code

37740

CBSA name

PAYSON, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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