113 W CEDAR Lane, Payson, AZ 85541
PINE RIDGE ADD REPLAT · Gila County
Key Facts
Listing Courtesy: AM/PM Realty Group LLC - 4802397793
Description
A great opportunity for a commercial property, ''City Storage,'' strategically located at the high-traffic intersection of 104 W Phoenix St and 113 W Cedar Ln, encompassing a substantial 1.43 acres. This well-established storage facility demonstrates strong market demand with an impressive occupancy rate, showcasing the potential for further growth and profitability. Seller financing is available to facilitate acquisition. Currently, City Storage offers over 40 climate-controlled units across both buildings, designed with expansion in mind. The infrastructure is primed for significant development, allowing for an increase in capacity to meet the rising demand. Adjoining parcels are classified as C2 (104 W Phoenix St, 0.93 Ac.) and C3 (113 W Cedar Ln, 0.50 Ac. Moreover, the property includes a garage building with an 18-month remaining lease, providing an extra 30 units. The Cedar property offers additional development opportunities or space for 20 RV parking spots, while the Phoenix property currently has 36 spaces and is 66% occupied. Both properties come with the added benefit of two separate apartments, strategically located in each building, offering additional rental income or living accommodations for management. These adjoining parcels are zoned C2 (104 W Phoenix St, 0.93 Ac.) and C3 (113 W Cedar, 0.50 Ac.), providing versatile opportunities for commercial expansion and investment. Don't miss out on this remarkable chance to own a thriving storage business with remarkable growth potential!
Property Information
Property Type
Commercial Sale
Year Built
1975
Living Area
7,185 sq ft
Lot Size
0.50 acres
Lot Dimensions
149.64x144.09x149.64x144.28
Parking Spaces
33
Zoning
C-2
Listing #
7034506
Property Features
Cooling
Heating
Flooring
Parking
Fencing
Construction
Roof
Security
Utilities
Water Source
Financial Details
Annual Taxes
$5,364
Tax year 2025
Parcel Number
304-17-119-B
Directions
: North on Highway 87, West on Cedar Lane, building on the South side of the road.
Affordability Calculator
$320,000
Estimated monthly payment
$8,516/mo
Principal $1,280,000 · Est. interest $1,785,714 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Payson, AZ
- $547,619
- Median Listing Price
- 88
- Median Days on Market
- 1,904
- Median Sq Ft
- $303
- Median Price / Sq Ft
- 233
- Active Listings
- This home’s price is 192% above the area median.
- Its price per sq ft is 27% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Payson, AZ.
Location
Map is currently unavailable for this location.
Points of Interest in Payson, AZ
Showing the Payson area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2404 W PALMER Drive, Payson, AZ | $1,125,000 | 3 | 3 | 2,752 |
| 889 E DEALERS CHOICE Lane, Payson, AZ | $1,150,000 | 4 | 2 | 3,383 |
| 1075 E Ranch Road, Payson, AZ | $1,158,000 | — | — | 117,612 |
| 2304 E BLUE BELL Circle, Payson, AZ | $1,199,000 | 4 | 4 | 3,842 |
| 3007 E Arrow Point, Payson, AZ | $1,225,000 | 3 | 3 | 2,741 |
| 2208 E Filaree Circle, Payson, AZ | $1,225,000 | 4 | 3 | 3,232 |
Moving Cost Estimate
EXIT Agents in Payson
Last Updated: 2026-05-28