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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
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16424 N Az Highway 87, Payson, AZ – $699,000

  • $699k Price
  • 2,049 Sqft
  • 5.45 Acres
  • $699k Price
  • 2,049 Sqft
  • 5.45 Acres

16424 N Az Highway 87

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.

Essential Information

  • MLS® #6884061
  • Price$699,000
  • Bathrooms0.00
  • Square Footage2,049
  • Acres5.45
  • Year Built1999
  • TypeComm/Industry Sale
  • Sub-TypeOther (See Remarks)
  • StatusActive

Community Information

  • Address16424 N Az Highway 87
  • CityPayson
  • CountyGila
  • StateAZ
  • Zip Code85541

Amenities

  • Parking Spaces7
  • ParkingSee Remarks

Interior

  • HeatingPropane
  • CoolingCentral Air

Exterior

  • RoofMetal
  • ConstructionWood Frame, Stucco

Additional Information

  • ZoningIndustrial

Listing Details

  • OfficeDeLex Realty
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DeLex Realty.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on July 1st, 2025 at 7:00am MST.