104 Phoenix StPayson, AZ 85541

Property Details for 104 Phoenix St

Year built

1985

Construction

WOOD

Lot size

0.93 AC

Property size (Sq ft)

2,376 SF

Property type

Office properties

Property subtype

Office buildings

APN

304-17-124

APU

30417124

Description

This exceptional commercial property in Payson, Arizona, presents a unique investment opportunity. Spanning 0.93 acres, the property includes a substantial 2,376 square foot building, offering significant potential for a variety of commercial uses. The building's current configuration is unspecified, allowing for flexible adaptation to suit a diverse range of business needs. The generous lot size provides ample space for expansion, additional structures, or extensive landscaping. Located at 104 W Phoenix Street, this property benefits from excellent visibility and accessibility, making it an ideal location for attracting customers and clients. The asking price of $1,700,000 reflects the significant value and potential of this prime commercial real estate offering in the thriving Payson market. The property's size and location make it suitable for a wide range of commercial ventures, from retail and office spaces to light industrial uses. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's current condition and zoning are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $560,446

  6.5%

  $517,335

  7%

  $480,382

• Comparable approach

  Method

  Valuation

  Relative Method

  $468,160

  Geo Method

  $468,160

• Alternative Use

  Use

  Valuation

  Residential

  $641,495

  Hospitality

  $587,606

  Educational

  $488,881

  Medical

  $505,695

  Retail

  $760,482

Location Insight

City

Payson

County

Gila

State

Arizona

Latitude

34.227

Longitude

-111.331

CBSA code

37740

CBSA name

PAYSON, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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