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Property profile & analytics
OFF-MARKET
Commercial real estate

1001 B Destin, FL 32541

Property ID
Property summary
AI-generated overview

This exceptional opportunity presents a rare chance to acquire a highly desirable airplane hangar at the Destin Executive Airport (DTS) in Destin, Florida. Priced affordably at $225,000, this metal building hangar boasts a prime location offering convenient access to the taxiway and the FBO, allowing easy utilization of various aviation support services. The hangar features an automatic bi-fold door with an approximate opening width of 41 feet 6 inches, a depth of approximately 40 feet, and a tail clearance of approximately 11 feet 10 inches. Its strategic positioning ensures efficient operations. The ground lease associated with this property has a maturity date of January 14, 2042, providing long-term security for the investment. Maintenance responsibilities for the roof and door are handled by the Okaloosa County Airport Authority, minimizing owner upkeep. Conveniently located restrooms are accessible from the exterior of the hangar. This is a unique opportunity to secure a well-situated and cost-effective hangar at a busy and desirable airport. Serious inquiries are encouraged to schedule a viewing and explore this exceptional offering. Further details are available upon request.

Property profile
Verified
Property type Commercial real estate
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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