16424 Az Highway 87, Payson, AZ 85541 (MLS# 92464)
$635,000
Payson, AZ 85541
MLS# 92464
Status: Closed
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Property Description
Rare Industrial Opportunity with Residential Home in Rye, AZ! This unique investment opportunity offers a 5.45 acre parcel zoned M3 unrestricted industrial and boasts prime high visibility highway frontage ideal for commercial exposure and unparalleled versatility. With views of the Mazatzal Mountains and bordering seasonal Rye Creek and Tonto National Forest, this property combines functionality, location, and natural beauty. The property offers a freshly painted spacious 4-bedroom, 3.5-bath home, built in 1999, offering two stories of comfortable living or office space with scenic mountain views. A 30x30 detached 4-car garage provides ample workspace or storage, and includes a second-story bonus/storage area ideal for inventory, tools, or a home office conversion. The property includes two private wells for a reliable water supply, direct access to seasonal Rye Creek, borders Tonto National Forest, and offers sweeping views of the Mazatzal Mountains. Whether you're looking to operate a business, develop a commercial/industrial site, or simply invest in a flexible-use property with room to grow, this is a one-of-a-kind opportunity in the heart of central Arizona.
Details
Documents
Contract Information
Foreclosure: No
Sale/Lease: Sale
Property Sub-Type: Real Estate Only
Sold Price: $635,000
Current Price: $635,000
List Date: 2025-06-23
List Type: Exclusive ARS
Location, Tax & Legal
Zoning: Industrial
Taxes: 2177.2
Tax Year: 2025
Assessor's Book #: 304
Assessor's Map #: 32
Assessor's Parcel #: 012
Assessor's Parcl Ltr: A
APN #: 304-32-012A
HOA: No
Legal Description: Section: 20 Township: 09n Range: 10e Parcel B Of Ros 1651 Sw1/4 Sec 20 T9n R10e
= 5.45 Ac(out Of 304-32-002d)
Street #: 16424
Street Name: Az Highway 87
State: AZ
Zip Code: 85541
Area: Rye/Gisela
Sub Code: Rye
County: Gila
Location
Highway Front: 1
General Property Description
Acres: 5.45
Lot Dimensions: 336x726x317x728
Land Size: 5.45
Building Size: 2049
# of Tenants: CLO
Vacancy %: 0
Year Built: 1999
Remarks & Misc
Directions: South on Hwy 87 to Rye, first right on west side of highway as you enter Rye (H Bar - Frontage Road), immediate left and go all the way down to property on the right at the end.
Public Remarks: Rare Industrial Opportunity with Residential Home in Rye, AZ! This unique investment opportunity offers a 5.45 acre parcel zoned M3 unrestricted industrial and boasts prime high visibility highway frontage ideal for commercial exposure and unparalleled versatility. With views of the Mazatzal Mountains and bordering seasonal Rye Creek and Tonto National Forest, this property combines functionality, location, and natural beauty.
The property offers a freshly painted spacious 4-bedroom, 3.5-bath home, built in 1999, offering two stories of comfortable living or office space with scenic mountain views. A 30x30 detached 4-car garage provides ample workspace or storage, and includes a second-story bonus/storage area ideal for inventory, tools, or a home office conversion.
The property includes two private wells for a reliable water supply, direct access to seasonal Rye Creek, borders Tonto National Forest, and offers sweeping views of the Mazatzal Mountains. Whether you're looking to operate a business, develop a commercial/industrial site, or simply invest in a flexible-use property with room to grow, this is a one-of-a-kind opportunity in the heart of central Arizona.
Status Change Info
Seller Concess to Buyer: $3000
Sold Type: Sold Co-Broke By MLS Member
Status: Closed
Pending Date: 2025-10-09
Sold Date: 2025-11-04
Sold Price: $635,000
Currently Not Used
Total Rooms: 11
To Show
Showing Service Name: Broker Bay
Income/Sales Info
Net Operating Income: N/A
Cap Rate: CLO
Down Payment: CLO
Gross Sales: 0
Improvements: CLO
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: No
Cash to Assume: 0
Ttl Pmt after Assmpt: 0
Construction
Wood Frame: 1
Interior Features
Vaulted Ceiling: 1
Dual Pane Windows: 1
Smoke Detectors: 1
Range/Oven: 1
Dishwasher: 1
Disposal: 1
Laundry Room: 1
Floor Covering
Carpeting: 1
Laminate: 1
Tile: 1
Property Features
N/A - Other: Block
Lot/Street Improvem.
Gravel Street: 1
Blacktop Street: 1
Type/Style
Two Story: 1
Garage/Carport
Garage Only: 1
RV Parking: 1
Siding
Stucco: 1
Exterior Features
View of Mountains: 1
Roof
Metal: 1
Utilities Available
Electricity: 1
Propane Tank Leased: 1
Private Well: 1
Septic Tank Installed: 1
Telephone: 1
Cable TV/Satellite: 1
Internet Hook Up: 1
Trash: 1
Underground Util: 1
Heating
Propane: 1
Possession
Negotiable/By Agreem: 1
Owner May Sell/Terms
Cash: 1
Conventional: 1
Floor Type
Wood: 1
Slab: 1
Cooling
Central: 1
Electric Refrig.: 1
Ceiling Fan: 1
Documents on File
SPDS: 1
Exist. Finance Fees
N/A - Other: 1
Form of Ownership
Corporation: 1
Sale Price Includes
Building: 1
Land: 1
Property Features
Location: Highway Front
Construction: Wood Frame
Siding: Stucco
Roof: Metal
Exterior Features: View of Mountains
Interior Features: Vaulted Ceiling; Dual Pane Windows; Smoke Detectors; Range/Oven; Dishwasher; Disposal; Laundry Room
Floor Type: Wood; Slab
Floor Covering: Carpeting; Laminate; Tile
Cooling: Central; Electric Refrig.; Ceiling Fan
Heating: Propane
Utilities Available: Electricity; Propane Tank Leased; Private Well; Septic Tank Installed; Telephone; Cable TV/Satellite; Internet Hook Up; Trash; Underground Util
Possession: Negotiable/By Agreem
Documents on File: SPDS
Form of Ownership: Corporation
Sale Price Includes: Building; Land
Plat Map 
IDX
Listing Office: Delex Realty, LLC
Last Updated: November - 04 - 2025
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Central Arizona BOR and may not be the listings of the site owner.