Rumsey Ridge Development

For Sale

SR 87 & Malibu Dr, Payson, AZ 85541

This Payson property for sale is located at SR 87 & Malibu Dr. The current listed sale price for Rumsey Ridge Development is $1,108,349. Rumsey Ridge Development is situated on a lot that is 26.1 acre in size.

Contacts

broker
John Filli, SIOR

NAI Horizon

Property Details

  • Property Type VacantLand
  • Property Size 1,167,408 SF
  • Lot Size 26.1 Acre
  • Property Tenancy Single Tenant
  • Date Updated Apr 21, 2025
SR 87 & Malibu DriveVacant, Unimproved, Remaining ±13.35 Acres For Sale, PAD-Zoned Land Site Approved for Residential and/or Commercial Development (±12.75 Acres of the ±26.1 Acres recently sold)
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Highlights

  • In 2013, the Site was rezoned to PAD, Planned Area Development District, Town of Payson, which allows for development of single story homes and/or townhouses and/or apartments.
  • There are still plans to build a 3,000 to 6,000 student campus in Payson on 300 acres of Forest Service land just off State Hwy 260 opposite Gila Community College (see page 4 for more information).
  • Payson’s natural beauty, small town character and proximity to Phoenix have all contributed to its continuing attraction as a retirement and seasonal community.
  • Since 2000, with the exception of 2006 (when 277 units were added), the number of housing units has increased an average of about 200 units annually.
  • To assure a healthy balanced housing market, the Town of Payson undertook a housing study to serve as the basis for development of a housing strategy. This study is available to the public.
  • The neighborhood in which the property is situated includes a mix of single and multi-family residential, retail and office uses. The site would make an excellent location for apartments
  • The property is situated just west of State Hwy 87, immediately adjacent to the northern and western property lines of an existing Wal-Mart store, on the east side of the Forest Hills Condominiums
  • In close proximity to schools
  • Easy access from SR-87

Getting around

  • 49/100

    Walk Score ®

  • 25/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Payson, AZ
  • Zip Code 85541

Points of Interest

  • Circle K

    0.33 miles

  • Payson Supercharger

    0.37 miles

  • Maverik

    0.44 miles

  • Safeway

    0.60 miles

  • Taylor

    0.78 miles

  • Speedway

    0.90 miles

  • Avgas

    1.27 miles

  • 76

    1.81 miles

  • Shoofly Ruins

    4.01 miles

  • First Crossing Day Use Parking

    7.09 miles

  • Water Wheel Recreation Parking

    7.67 miles

  • Third Crossing Day Use Parking

    8.68 miles

  • Quality Inn Payson

    0.50 miles

  • Comfort Inn Payson

    0.53 miles

  • Budget Inn

    0.60 miles

  • Days Inn & Suites Payson

    0.61 miles

  • Majestic Mountain Inn

    0.83 miles

  • Super 8 Payson

    1.05 miles

  • Rim Country Inn

    1.09 miles

  • Motel 6 Payson

    1.22 miles

  • Motel 6

    1.23 miles

  • Knights Inn Payson

    1.34 miles

  • Walmart Supercenter

    0.16 miles

  • Bashas'

    0.44 miles

  • Big Lots

    0.62 miles

  • Safeway

    0.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
John Filli, SIOR

NAI Horizon

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