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1200 Airport 47.73 Acres of Commercial Land Offered at $2,000,000 in Payson, AZ 85541
Investment Highlights
- M-2 Industrial & Residential Zoning
- Pre-Platted Residential Lots
- Excellent Investment & Development Potential
- Development-Ready with Approved Final Plats
- Established Neighborhood Surroundings
- One Hour from Scottsdale
Executive Summary
Data Room Click Here to Access
- Offering Memorandum
Property Facts
1 Lot Available
Lot 5-7-8-9
| Price | $2,000,000 | Lot Size | 47.73 AC |
| Price Per AC | $41,902.37 |
| Price | $2,000,000 |
| Price Per AC | $41,902.37 |
| Lot Size | 47.73 AC |
An hour Northeast of Scottsdale at 5000 feet elevation. Unparalleled views from this mesa top property, includes 12 acres, in two Industrial blocks, near Payson's Airport. and 44 acres of residential zoned property, with astounding views.
Description
55.95 Acres of highly desirable, developable property that includes industrial land and residential view property. Pre-zoned with Final Plat previously approved by the Town of Payson. In the cool mountain town of Payson AZ, an hour Northeast of Scottsdale at 5000 feet elevation. Unparalleled views from this mesa top property, includes 12 acres, in two Industrial blocks, adjacent to Payson's Airport. These parcels make up most of the only undeveloped employment-based property in the marketplace. Also, the offering includes amazing views from three residential parcels separated from the industrial park, by the collector street, Airport Road, providing a pre-platted, pre-zoned, development ready, investment opportunity. It is a rare opportunity to find property of this nature in a community as beautiful and prime for development as Payson is at this time. Property consists of Block 5 and Block 6 zoned for M-2 for industrial usage; Block 7, Block 8 and Block 9 are zoned residential R-18; Residential lots offer views of the Mazatzal Mountains and overlook Payson. The residential lots are bordered by nice, clean neighborhoods. The M-2 land is on the north side of Airport Road. The Blocks each have a preliminary draft of lots that may be developed. This is an incredible piece of property platted for future use.
