111 Longhorn RdPayson, AZ 85541

  • Land
  • 1.60 AC
For Sale

Property Details for 111 Longhorn Rd

Lot size
1.60 AC
Property type
Land
Property subtype
Commercial land
APN
304-02-027J
APU
30402027J

Description

This exceptional 1.63-acre commercial land parcel presents a unique investment opportunity in the heart of Payson, Arizona. Located at 111 W Longhorn Rd, 85541, this C-2 zoned property boasts approximately 190 feet of frontage on W. Longhorn Road and offers convenient access to State Route 87. Situated near the town's busiest intersection (State Highway 87 and AZ Route 260), this site enjoys high visibility and proximity to numerous amenities, including restaurants, shopping centers (like the Swiss Village area), supermarkets (including a Wal-Mart Super Store), Walgreens, banks, coffee shops, and town parks. Its location is also minutes from Green Valley Park and Rumsey Park, and approximately 1.5 miles from the proposed Arizona State University Payson branch campus. The property's strategic location within Gila County capitalizes on Payson's thriving tourism market, driven by its moderate four-season climate and proximity to the White Mountains recreational areas and Tonto Natural Bridge State Park (approximately 20 miles northwest). The mostly level terrain features a wash on the western portion. Utilities are available along W. Longhorn Road and State Route 87

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,809,686
    Hospitality
    $17,229,572
    Educational
    $14,334,801
    Medical
    $14,827,797
    Retail
    $22,298,580
111 Longhorn Rd, Payson, Arizona

Location Insight

City
Payson
County
Gila
State
Arizona
Latitude
34.24
Longitude
-111.324
CBSA code
37740
CBSA name
PAYSON, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,876
$17,064
$17,064
$34,128
-
$113,761
$113,761
$227,522

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