20 100Payson, UT 84651

Property Details for 20 100

Year built

1900

Lot size

0.11 AC

Property size (Sq ft)

4,743 SF

Property type

Retail space

APN

08-022-0001

APU

80220001

Description

This exceptional retail opportunity is located at 20 S 100 W, Payson, UT 84651, within a brand new multi-family development. The space offers high visibility and accessibility, situated on a well-lit intersection at 100 W, ensuring significant foot and vehicle traffic. The property boasts a total of 3,200 square feet of vacant space, currently available for lease in units ranging from a minimum of 1,000 square feet to a maximum contiguous space of 3,200 square feet. The building itself is a three-story structure, constructed in 2024, offering a modern and attractive environment for businesses. The property's convenient location places it within easy walking distance of Payson's Historic Downtown Main Street, providing access to a thriving community and ample customer base. This is a unique chance to establish a presence in a dynamic and growing area, benefiting from high visibility and proximity to a bustling downtown core. The property is categorized as both retail and creative office space, offering flexibility for a variety of business types. The APN is 080230012. This is a single-building property with multiple tenancy options.

• CAP approach

  CAP return

  Valuation

  6%

  $1,860,115

  6.5%

  $1,717,029

  7%

  $1,594,384

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,394,655

  Geo Method

  $2,394,655

• Alternative Use

  Use

  Valuation

  Residential

  $1,448,378

  Hospitality

  $1,326,707

  Educational

  $1,103,805

  Medical

  $1,141,766

  Retail

  $1,717,029

Location Insight

City

Payson

County

Utah

State

Utah

Latitude

40.0427

Longitude

-111.733

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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