This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$635,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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.
Full Property Details
Full Property Details for 16424 N Az Hwy 87 --
General
- Sold For: $635,000
- Taxes: $2,177 (2025)
- Status: Closed
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6884061
- Added to Site: 137 day(s) ago
Business
- Business Type: See Remarks
Interior
- Flooring: Wood, Concrete
Parking
- Parking Features: See Remarks
Location
- County: Gila
- Cross Streets: Hwy 87 & H Bar Ranch
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Propane
Utilities
- Water: Private, Domestic Well
- Well: Yes
Structural Information
- # Buildings: 1
- Structure Type: Other (See Remarks)
- Exterior Const.: Wood Frame, Stucco
- Roof: Metal
- Year Built: 1999
Lot Features
- Lot Size (Acres): 5.45
- Lot Size (Sq. Ft.): 237,416
- Lot Dimensions: 336 x 726 x 317 x 728
- Zoning: Industrial
- Fencing (Description): Other, Block, Wire
Financial Considerations
- Tax Amount: $2,177.2
- Tax Year: 2025
Disclosures and Reports
- 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
- Property ID: 304-32-012-A
- Lot Number: A
Listed by DeLex Realty
Sold by Non-MLS Office
Get Pre-Approved Today
Schools
Schools serving 16424 N Az Hwy 87 --
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 8.9 mi |
Payson Elementary School 500 East Rancho Road, Payson, AZ 85541 | K-2 | 11 mi |
Rim Country Middle School 304 South Meadow Street, Payson, AZ 85541 | 6-8 | 9.3 mi |
Payson High School 301 North McLane Road, Payson, AZ 85541 | 9-12 | 9.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16424 N Az Hwy 87 --
Date
Details
Price
Change
Source
11/04/2025
Sold
$635,000
-9.16%
MLS
6/23/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16424 N Az Highway 87 --, Payson, AZ 85541 (MLS# 6884061) is a Commercial property that was sold at $635,000 on November 04, 2025. Want to learn more about 16424 N Az Highway 87 --? Do you have questions about finding other Commercial real estate for sale in Payson? You can browse all Payson real estate or contact a Coldwell Banker agent to request more information.

