$395,000
SOLD SEP 2, 2025

501 W Frontier St Payson, AZ 85541

-- Bed
-- Bath
3,120 Sq Ft
0.36 Acres

Recently Sold

$127 Per Sq Ft

23% Below List Price

15 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of September 2025

Prime Commercial Opportunity at 501 W Frontier St, Payson, AZ! Discover this versatile C-1 zoned property in the heart of Payson, AZ, ideal for a variety of commercial ventures such as small-scale warehousing. Located centrally with easy access and a grandfathered street sign for enhanced visibility, this property is a blank canvas ready for your business vision! Key Features: 5 Spacious Bays: Perfect for retail displays, service areas, or storage for inventory and equipment. Functional Office Area: A dedicated workspace to manage your business operations efficiently. (2) 1/2 Bathrooms: Convenient for staff and customers. Durable Metal Roof: Low maintenance and long-lasting protection. Completely Fenced Lot: Secure your inventory, equipment, or outdoor displays with peace of mind. Ample Storage: Plenty of room for supplies, products, or operational materials. Central Payson Location: Easily accessible for customers and clients. This property is ideal for businesses like professional offices, fitness studios, or light distribution hubs. Take advantage of the flexible C-1 zoning to create a thriving commercial space tailored to your needs. PLEASE NOTE: Both buildings have separate electric meters, offering potential for leasing opportunities. Don't miss this rare chance to establish your business in a prime Payson location!

Last Agent to Sell the Property

Guy Pfister

DeLex Realty License #SA575165000 Listed on: 07/31/2025

DeLex Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,309

Year Built

  • Built in 1988

Lot Details

  • 0.36 Acre Lot
  • Chain Link Fence
  • Property is zoned C-1

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,120 Sq Ft Home
  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Private Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Buildings
  • Unsubdivided Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 304-16-215-A

Property Details

Property Type

Other

Est. Annual Taxes

$2,309

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Cross Street: West Frontier & McLane
  • Legal Info Range: 10E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1988
  • Tax Year: 2024
  • Directions: State Route 87 to West Frontier, West to Property, on left. Key box on walking gate on West end of front fence.
  • Lot Size Acres: 0.36
  • Road Surface Type: Asphalt
  • Subdivision Name: Unsubdivided
  • Structure Type: Commercial, Industrial
  • Tax Parcel Letter: A
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 3120.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Wood Frame, Block
  • Roof: Metal
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved, Private, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Office Evap, Warehouse Evap
  • Heating: Other
  • Green Building Features: Other (See Remarks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 15677.0
  • Parcel #: 304-16-215-A

Tax Info

  • Tax Annual Amount: 2309.0
  • Tax Book Number: 304.00
  • Tax Lot: 24
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
May 18, 2017
Sold by
Jpmorgan Chase Bank Na
Bought by
Russell Leon W
Seller's Agent
Clifford Potts
BHHS Advantage Realty - Payson
Buyer's Agent
Richard Arambula
Russ Lyon Sotheby's International Realty
List Price
$279,000
Sold Price
$175,000
Premium/Discount to List
-$104,000
-37.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%

Purchase Details

Closed on
Mar 8, 2016
Sold by
Meares Sean and Meares Margaret S
Bought by
Jp Morgan Chase Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $175,000 First American Title Ins Co
Trustee Deed -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $310,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Sold $395,000 -22.9% $127 / Sq Ft
08/15/2025 08/15/25 Pending -- -- --
07/31/2025 07/31/25 For Sale $512,000 +192.6% $164 / Sq Ft
05/19/2017 05/19/17 Sold $175,000 -37.3% $56 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
07/22/2016 07/22/16 For Sale $279,000 -- $89 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $2,244 -- -- --
2024 $2,244 $25,987 $8,996 $16,991
2023 $2,244 $25,422 $12,014 $13,408
2022 $2,239 $25,127 $12,014 $13,113
2021 $2,161 $25,127 $12,014 $13,113
2020 $2,077 $0 $0 $0
2019 $2,016 $0 $0 $0
2018 $1,897 $0 $0 $0
2017 $1,768 $0 $0 $0
2016 $1,796 $0 $0 $0
2015 $2,915 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6899772

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-16-215A