$1,700,000
$150K PRICE DROP

113 W Cedar Ln Payson, AZ 85541

Estimated payment $9,576/month

Total Views 789
-- Bed
-- Bath
7,185 Sq Ft
$237 Price per Sq Ft

Highlights

  • Ceiling height between 10 to 12 feet
  • Central Air
  • Heating System Uses Propane
  • Landscaped
  • Security Fence

About This Home

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!

Listing Agent

Robert Clarfield

AM/PM Realty Group LLC License #BR579223000 Listed on: 05/29/2026

Co-Listing Agent

Dakota Moon

AM/PM Realty Group LLC License #SA710001000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,364

Year Built

  • Built in 1975

Lot Details

  • 21,570 Sq Ft Lot
  • Security Fence
  • Chain Link Fence
  • Landscaped
  • Property is zoned C-2

Home Design

  • Composition Roof
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 7,185 Sq Ft Home
  • Ceiling height between 10 to 12 feet
  • Fire and Smoke Detector

Parking

  • 33 Open Parking Spaces
  • 33 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Propane
  • Underground Utilities
  • Propane

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 304-17-119-B

Community Details

Overview

  • 3 Buildings
  • Building Dimensions are 149.64x144.09x149.64x144.28
  • Pine Ridge Add Replat Subdivision

Additional Features

  • Showroom
  • Operating Expense $5,364

Property Details

Property Type

Other

Est. Annual Taxes

$5,364

Year Built

Built in 1975

Lot Details

0.5 Acres

Listing Details

  • Cross Street: Highway 87 & Cedar Lane
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1975
  • Tax Year: 2025
  • Lot Size Acres: 0.5
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: ampmrg001
  • Co List Office Phone: 480-239-7793
  • Subdivision Name: PINE RIDGE ADD REPLAT
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Cooling:Cooling: Central Air, Other
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS, Underground
  • FreewayHighway: Up to 1 Mile
  • Ceiling Height: 10.1 Feet to 12 Feet
  • Building Features: Showroom
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 7185.0
  • Interior Features:Interior Features: Smoke Detector(s)

Exterior Features

  • Fencing: Chain Link, Security
  • Disclosures: Appraisal
  • Construction Type: Block, Other
  • Roof: Composition, Metal
  • Exterior: Dual Street Ftg, Landscaping

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 33.0
  • Total Parking Spaces: 33.0

Utilities

  • Electric: APS, Underground
  • Cooling: Other
  • Heating: Other, Propane
  • Security: Smoke Detector(s)
  • Green Building Features: Showroom
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: Propane Piped

Lot Info

  • Lot Size: 149.64x144.09x149.64x144.28
  • Lot Size Sq Ft: 21570.0
  • Parcel #: 304-17-119-B

Multi Family

  • Annual Operating Expense: 5364.0

Tax Info

  • Tax Annual Amount: 5364.0
  • Tax Book Number: 304.0
  • Tax Lot: 68
  • Tax Map Number: 17.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,400 $113,957 $16,078 $97,879
2025 $5,400 -- -- --
2024 $5,352 $51,072 $10,784 $40,288
2023 $5,352 $51,429 $16,366 $35,063
2022 $5,340 $51,429 $16,366 $35,063
2021 $5,156 $51,429 $16,366 $35,063
2020 $4,954 $0 $0 $0
2019 $4,809 $0 $0 $0
2018 $4,525 $0 $0 $0
2017 $4,218 $0 $0 $0
2016 $4,287 $0 $0 $0
2015 $5,019 $0 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2026 06/25/26 Price Changed $1,700,000 -8.1% $237 / Sq Ft
05/29/2026 05/29/26 For Sale $1,850,000 +516.7% $257 / Sq Ft
04/01/2019 04/01/19 Sold $300,000 0.0% $53 / Sq Ft View Prior Sale
03/13/2019 03/13/19 Pending -- -- --
12/01/2018 12/01/18 For Sale $300,000 -- $53 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $300,000 Pioneer Title Agency
Interfamily Deed Transfer -- Pioneer Title Agency
Interfamily Deed Transfer -- Pioneer Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Trustee Deed $475,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $280,000 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7034506

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-17-119B

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