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Warehouse Park, Land, & Billboard 810 W Utah Ave 75,760 SF 100% Leased Industrial Building Payson, UT 84651 $10,950,000 ($144.54/SF)
Investment Highlights
- Multi-building complex with 10 units, I-15 Freeway Billboard, Fenced graveled lots, & Developable Land
- Low Vacancy Rates
- Surrounded by a mix of retail, service, and residential developments supporting steady traffic.
- 9.98 Acres with Direct access to I-15 and regional cities.
- Ideal for Owner-Users and Investors
- Great Co-Tenancy
Executive Summary
RARE opportunity for investors/owner/occupants. Established property running along the I-15 corridor in Utah County!
9.98 Acres Office Warehouse Industrial Park with 10 Units/5 buildings (100% leased) + 4 Acres developable land with sewer and utilities at the property to build more units (building plans included for Phase 2 & 3 buildings) + A Freeway Billboard (currently leased and owned by the seller-not a billboard company). An additional Outbuilding/Shop and fenced graveled lot used by the seller also included with property. Buildings 100% Leased and Many tenants have leased up to 22 years. The Seller's 12,000 foot building and additional shop could be used for a buyer's business. The I-15 Billboard Signage and 4 acres of freeway adjacent developable land with utilities on the property are definite value ads of this property that provide room for expansion and increased revenue.
Great Visibility as property runs along the I-15 corridor/freeway along the Wasatch Front.
This listing presents a compelling opportunity to acquire a well-positioned asset in one of Utah County’s most rapidly expanding submarkets. The property and billboard benefit from direct frontage along the I-15 freeway and along Utah Avenue, a key arterial route connecting Payson to I-15 and neighboring cities including Spanish Fork and Provo.
The property's location offers strong visibility and accessibility for owner-users or investors seeking to capitalize on the area’s increasing population, business growth, and infrastructure investment. The surrounding area features a mix of retail, service, and light industrial uses, with nearby residential developments contributing to steady daytime and weekend traffic. With proximity to Payson’s historic downtown, Mountain View Hospital, and Mt. Nebo, the site is well-suited for a range of commercial uses including medical, retail, or flex office. Utah County’s favorable business climate, low vacancy rates, and strong demographic trends further enhance the long-term value proposition of this property. *Buyer to verify all information.
Please do not contact/bother the tenants.
9.98 Acres Office Warehouse Industrial Park with 10 Units/5 buildings (100% leased) + 4 Acres developable land with sewer and utilities at the property to build more units (building plans included for Phase 2 & 3 buildings) + A Freeway Billboard (currently leased and owned by the seller-not a billboard company). An additional Outbuilding/Shop and fenced graveled lot used by the seller also included with property. Buildings 100% Leased and Many tenants have leased up to 22 years. The Seller's 12,000 foot building and additional shop could be used for a buyer's business. The I-15 Billboard Signage and 4 acres of freeway adjacent developable land with utilities on the property are definite value ads of this property that provide room for expansion and increased revenue.
Great Visibility as property runs along the I-15 corridor/freeway along the Wasatch Front.
This listing presents a compelling opportunity to acquire a well-positioned asset in one of Utah County’s most rapidly expanding submarkets. The property and billboard benefit from direct frontage along the I-15 freeway and along Utah Avenue, a key arterial route connecting Payson to I-15 and neighboring cities including Spanish Fork and Provo.
The property's location offers strong visibility and accessibility for owner-users or investors seeking to capitalize on the area’s increasing population, business growth, and infrastructure investment. The surrounding area features a mix of retail, service, and light industrial uses, with nearby residential developments contributing to steady daytime and weekend traffic. With proximity to Payson’s historic downtown, Mountain View Hospital, and Mt. Nebo, the site is well-suited for a range of commercial uses including medical, retail, or flex office. Utah County’s favorable business climate, low vacancy rates, and strong demographic trends further enhance the long-term value proposition of this property. *Buyer to verify all information.
Please do not contact/bother the tenants.
Property Facts
Utilities
- Lighting
- Gas - Natural
- Water
- Sewer
- Heating - Electric
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Wholesaler
-
99,999 SF
- -
- -
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Wholesaler | 99,999 SF | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Las Vegas
644,644
364
6 h 7 m
Denver
716,492
484
9 h 5 m
Albuquerque
560,218
557
11 h 23 m
Phoenix
1,660,272
595
11 h 11 m
Mesa
508,958
632
11 h 55 m
Fresno
530,093
758
13 h 18 m
Access and Labor Force
10 Miles
Total Population
112,309
Total Labor Force
67,408
Unemployment Rate
2.80%
Median Household Income
$104,691
Warehouse Employees
10,866
High School Education Or Higher
94.60%
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,549,400 | |
| Land Assessment | $1,428,400 | Total Assessment | $2,977,800 |
Property Taxes
Parcel Numbers
Land Assessment
$1,428,400
Improvements Assessment
$1,549,400
Total Assessment
$2,977,800
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Cahoon & Associates, LLC
Warehouse Park, Land, & Billboard | 810 W Utah Ave
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