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    5565-5655 S Sossaman Rd Mesa, AZ 85212

    For Sale
    $650,000

    3,600 SF hangar with lease and high door.

    Property size:
    3,600 SF
    Lot size:
    205.96 Acres

    Property Features for 5565-5655 S Sossaman Rd

    General Information

    Size
    3,600 SF
    Lot size
    205.96 Acres

    Source: Commercial Properties Inc Agent Rex Griswold

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mesa Hangar with Ground Lease

    This property features a hangar measuring approximately 3,600 square feet, with dimensions of 60 feet by 60 feet. The hangar includes a 16-foot high door and is equipped with a 200 amp electrical service that includes a 220 outlet. It operates under a 24-year ground lease and includes water, drains, and a bathroom with a shower. The property is currently occupied by a tenant with a one-year lease at market rate; the lease can be cancelled with a 90-day notice.
    Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.6786331
    Latitude
    33.3151479

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    FAQs

    What type of property is this?
    Aviation real estate - 3,600 SF hangar with lease and high door.
    Where is this aviation real estate located?
    The property is located at 5565-5655 S Sossaman Rd Mesa, AZ.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - ±3,600 SF Hangar (60’ x 60’); - Tenant with one year lease paying market rate (lease can be cancelled with 90 day notice); - Includes water, drains, and bathroom with shower
    (480) 966-2301
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    5565-5655 S Sossaman Rd Mesa, AZ 85212
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    Mesa, AZ 85212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5565-5655 S Sossaman Rd Mesa, AZ 85212
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