$1,200,000
Payson, AZ 85541
MLS# 6523392
Status: Closed

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Property Description
Discover the potential of this 20.23-acre gem in Payson, Arizona, strategically located near the Bee Line Highway and the lively rodeo grounds. This expansive property, is also available for purchase in separate parcels. to offers a unique investment opportunity. The first option boasts 13.72 acres, a combination of existing APN 304-18-002A, APN 304-18-001A, and APN 304-18-002B, priced at $2.79 million. Alternatively, the second parcel comprises 6.51 acres from existing Assessor Parcel Number (APN) 304-15-310E, available for $1.49 million. With pre-approval from the city in 2008 for housing multiple dwelling units, as well as a hotel and entertainment facilities, this property is primed for a visionary development that seamlessly blends nature and urban living.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $1,200,000
Sold Price: $1,200,000
Status: Closed
List Date: 2023-01-31
Location, Tax & Legal
Lot #: -
Assessor's Map #: 18
Assessor's Parcel #: 2
Add'l Parcels: Yes
Tax Municipality: Gila - COUNTY
Taxes: 2690
Map Code/Grid: C71
House Number: 1100
Compass: S
Street Name: McLane
St Suffix: Road
City/Town Code: Payson
State/Province: AZ
Zip Code: 85541
County Code: Gila
Assessor Number: 304-18-002
Tax Year: 2021
General Property Description
Apx Total Acres: 20.23
Apx Total Acres G/N: G
Price Per Acre: 185368.26
# Lots in Listing: 4
Apx SqFt: 851598
Price Per SqFt: 4.4
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Flood Zone: No
Zoning: C-3/C-2
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 3750000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Commercial Lot: 1
RV Lot: 1
Commercial Acreage: 1
Zoned Presently
Single Family: 1
Multi-Family: 1
Commercial: 1
Shopping/Retail Cntr: 1
RV Park: 1
RV Subdivision: 1
Potential Use
Single Family: 1
Multi-Family: 1
Commercial: 1
Retail: 1
Hotel/Motel: 1
Other: 1
Parcel Size
20.00 - 39.99 Acres: 1
View
Mountain(s): 1
Road Surface Type
Gravel: 1
Dirt: 1
Water Source
City Franchise: 1
Domestic Well: 1
See Remarks: 1
Sewer
Sewer - Public: 1
Other: 1
Electric
Other (See Rmks): 1
Topography
Level: 1
Hillside: 1
Mountainous: 1
Gas
Other (See Rmks): 1
Distance to Cable
Within 1/2 Mile: 1
New Financing
Cash: 1
Conventional: 1
Owner May Carry: 1
Distance to Phone
Within 1/2 Mile: 1
Distance to Water
Within 1/2 Mile: 1
Distance to Electric
On Property: 1
Distance to Gas
Within 1/2 Mile: 1
Distance to Sewer
Under 350 Feet: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Water Well Report: 1
Environmental
Other (See Rmks): 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: Phoenix St and S Mc Lane Rd.
Geo Lat: 34.226204
Geo Lon: -111.334916
Status Change Info
Off Market Date: 2024-07-08
Under Contract Date: 2024-02-14
Close of Escrow Date: 2024-07-10
Sold Price: $1,200,000
Legal Info
Lot Number: -
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Commercial Lot; RV Lot; Commercial Acreage
Zoned Presently: Single Family; Multi-Family; Commercial; Shopping/Retail Cntr; RV Park; RV Subdivision
Potential Use: Single Family; Multi-Family; Commercial; Retail; Hotel/Motel; Other
Parcel Size: 20.00 - 39.99 Acres
View: Mountain(s)
Road Surface Type: Gravel; Dirt
Topography: Level; Hillside; Mountainous
Water Source: City Franchise; Domestic Well; See Remarks
Sewer: Sewer - Public; Other
Electric: Other (See Rmks)
Gas: Other (See Rmks)
Distance to Cable: Within 1/2 Mile
Distance to Phone: Within 1/2 Mile
Distance to Water: Within 1/2 Mile
Distance to Electric: On Property
Distance to Gas: Within 1/2 Mile
Distance to Sewer: Under 350 Feet
New Financing: Cash; Conventional; Owner May Carry
Environmental: Other (See Rmks)
Showing Notification Methods: Text
Lockbox Type: None
Listing Office: GemHaus
Last Updated: April - 29 - 2025
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