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Priced at $2,450,000, this 16.55-acre commercial land parcel at 1000 W Falcon Lookout Ln presents a significant development prospect in Payson, Arizona. The site offers substantial acreage for investors or developers seeking to capitalize on the growth of this mountain community. Its positioning allows for a range of commercial applications, catering to the ongoing economic expansion within the region. Payson serves as a primary hub for Gila County, benefiting from its high-altitude setting and proximity to major regional transit routes. The expansive nature of the property permits flexible site planning, accommodating varied architectural footprints or large-scale project requirements. This tract provides a strategic land holding in a market characterized by steady demand for commercial space and infrastructure support. Investors will find the land ready for evaluation as a potential retail, hospitality, or service-based commercial development, aligning with the evolving needs of the local population and regional visitors.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.