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Property profile

600 Airport Dr Mifflintown, PA 17059

FOR SALE
Commercial real estate
Property ID
US73-4806976
12,973 SF 24.21 ac lot Built 2008
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Property summary

AI-generated overview

This exceptional 24.21-acre property in Mifflintown, PA, offers a unique blend of luxury living and lucrative investment potential. The centerpiece is a custom-built, 12,000+ sq ft home boasting hardwood floors, a gourmet kitchen, and expansive living spaces. The property also includes a 2,650-foot paved, lighted runway with GPS approach, over 23,000 sq ft of hangar space (13 units, 9,400 sq ft heated), and 6,000 gallons of fuel storage. Two additional residential rental properties and an apartment provide supplemental income streams. The main residence features 9,837 sq ft of living space on two floors, a 1,632 sq ft heated garage, and a 1,504 sq ft screened porch. Amenities include a home theater, fireplace, and a pre-dug area for a pool. The property is conveniently located between Harrisburg and State College, yet enjoys a secluded setting amidst scenic mountains and farmland. 3.5 acres of undeveloped land offer expansion opportunities, including the potential to build an additional hangar and apartment. This turnkey operation presents a rare opportunity to own a private airport estate with significant income-generating potential. The property also includes a newly planted vineyard (2019). The home is equipped with an alarm system, video surveillance, RO water system, telephone system, and high-speed internet. Heating is provided by automatic wood pellet-fired boilers, and there are two air conditioning systems.

Property profile

Verified
Property type Commercial real estate
Year built 2008
Total area 12,973 SF
Lot 24.21 ac (1,054,588 SF)
UPID US73-4806976

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply
  • Airport
  • Freight Service Logistics Company
  • Industrial Manufacturer Freight Service

Location

600 Airport Dr Mifflintown, PA 17059
Mifflintown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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