Listing provided courtesy of AM/PM Realty Group LLC- MLS# 7034506MLS Provider

113 W CEDAR LanePayson, AZ 85541

Commercial · 7,185 Sq. ft. | 0.50 Acres
$1,700,000 Active

113 W CEDAR Lane Overview

Time on Site:
32 days
Visits:
1

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!

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113 W CEDAR Lane Facts & Features

  • Type Commercial
  • Sq. ft. 7,185
  • Price/Sq.ft. $237
  • Lot 0.50 Acres

Details

General

Income/Expenses

  • Operating Expense: 5364.0

Building Information

  • Year Built: 1975

Business Information

  • Business Type: Storage

Location/Region

  • Country: US
  • County Or Parish: Gila
  • Postal City: Payson
  • Subdivision Name: PINE RIDGE ADD REPLAT
  • Township: 10N

Tax Information

  • Tax Annual Amount: $5,364.00
  • Tax Year: 2025

General Information

  • Disclosures: Appraisal
  • Ownership: Fee Simple
  • Parcel Number: 304-17-119-B
  • Property Type: Comm/Industry Sale
  • Zoning: C-2

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Building Features: Showroom
  • Electric: Underground,APS
  • Flooring: Other
  • Living Area: 7185.0
  • Security Features: Smoke Detector(s)

Exterior

Parking Information

  • Open Parking Spaces: 33.0
  • Parking Features: Paved

Lot Information

  • Lot Size Acres: 0.5
  • Lot Size Area: 21570.0
  • Lot Size Dimensions: 149.64x144.09x149.64x144.28
  • Lot Size Square Feet: 21570.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 3
  • Road Surface Type: Asphalt
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Other,Block
  • Roof: Composition,Metal
  • Structure Type: Commercial

General Information

  • Fencing: Security,Chain Link
  • Sewer: Sewer-In \u0026 Connected

113 W CEDAR Lane Neighborhood

Community

85541 (Payson) Demographics

59
Median Age
28
Population Density (per sq. mile)
33%
College Educated
$51,161
Estimated Median Income
7,999
Estimated Total Home Owners
2,311
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

113 W CEDAR Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

113 W CEDAR Lane Market Data

Based on the last 30 days in this zip code

$700,398
Average List Price
$344
Average Price per Square Foot
93
Properties Sold
85
Average Days on Market
1,038
Properties for Sale
Calculations provided by Reliance Network

113 W CEDAR Lane History

Date Event Value Agent
6/25/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$1,700,000 -8.1%
5/28/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
May 28, 2026