Listed by Robert Charles Pearson · Brokered by PAYSON HOMES & LAND

1 / 26

● For sale

$655,000

309 S Ponderosa Street, Payson, AZ 85541

Russell Subdiv & Addit · Gila County

1.58 acres No HOA

92 days on market

Description

With Payson needing affordable housing and already having some improvements in the ground, this level, 1.58 acre parcel Located in the center of town, is the perfect opportunity for a Developer, Contractor, or Investor! This property includes a site plan for 26 Condominium Units approved by the Town of Payson. SEE DOCUMENTS SECTION for Permitted and Conditional Uses for C1 Zoning.WITH PAYSON NEEDING STORAGE UNITS this level 1.58 Acre Parcel located in the center of town is the perfect opportunity for a Developer, Contractor or an Investor! This property would be the perfect site to build 140 10'X20' Storage Units. The plan is conceptual and would need to be approved by the Town of Payson. SEE DOCUMENTS SECTION for Permitted and Conditional Uses for C1 Zoning.

Listing updated: May 9, 2026

Listed by:

Robert Charles Pearson robertcharlespearson‌@‌gmail.com, PAYSON HOMES & LAND

Source: Central Arizona Association of REALTORS®, MLS#: 93947

Property details

Exterior

Land Info

Tall Pines on Lot
Level
Lot Size Acres: 1.58
Lot Size Square Feet: 68,824.8
Lot Size Dimensions: 225.89x304.68x226.06x304.24

Community

Neighborhood

Subdivision: Russell Subdiv & Addit
MLS Area: Payson Southeast

Listing

Other Property Info

Annual Tax Amount: $1,570
Source Listing Status: Active
County: Gila
Directions: From HWY 87 East on Bonita to the NE Corner of Bonita and Ponderosa Sign on Property
Property Subtype: Commercial
Parcel Number: 304-04-212T
Zoning: C-1
Postal City: Payson
Listing Date: 5/1/2026
On Market Date: 5/1/2026
MLS#: 93947

Features

Utilities

Sewer Available
Electricity Available
Propane
Trash
Cable TV/Satellite
Phone Available

Contact Us

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Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Central Arizona Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.