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1305 W UTAH AVE, Payson, UT 84651
$5,410,000
1305 W UTAH AVE, Payson, UT 84651
Subtype
Industrial
Building SF
—
$/SF
—
Lot
10.7 ac
Property Details
Description
This strategically located parcel offers excellent access to Interstate 15 and the Payson CBD, making it ideal for a variety of commercial uses including office buildings, light industrial or manufacturing, and research and development facilities. The parcel is surrounded by numerous established businesses, providing the buyer with a unique opportunity within this high-demand corridor. An existing residence is located on the property and may be retained as an income-producing investment or removed to accommodate additional development. The property also offers flexibility for potential subdivision into smaller parcels, subject to city approval. Significant site preparation has already been completed, including the import and compaction of structural fil to create a large, level buildable pad. This work substantially reduces development timelines and upfront costs, positioning the site as a near shovel-ready opportunity for a range of commercial uses. Key utilities are readily available, with water, sewer, electrical, and fiber optic infrastructure located on or immediately adjacent to the property, allowing for efficient connections and flexible site planning. Combined with the parcel's size and strategic location, these improvements provide a strong foundation for future development and long-term value.
Listed by Roger B Woolstenhulme · WYNGATE PROPERTIES, INC
Location
1305 W UTAH AVE, Payson, UT 84651
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
—
GRM
11.8
Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/28/2026, 1:37:32 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.