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    41 Aviation Dr Horseheads, NY 14845

    For Sale
    $5,500,000

    70,000 SF aviation facility with direct tarmac access.

    Property size:
    70,000 SF
    Lot size:
    662.50 Acres

    Property Features for 41 Aviation Dr

    General Information

    Size
    70,000 SF
    Lot size
    662.50 Acres

    Source: Cushman & Wakefield | Pyramid Brokerage - Corning \ Elmira Agent Michael Manzari, SIOR, CCIM

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

    Overview

    Aviation Facility with Tarmac Access

    This 70,000 square foot aviation/aeronautical facility, renovated in 2012, is suitable for manufacturing/assembly, aviation maintenance, or air cargo shipping, among other aviation-related uses. Located on the Elmira Corning Regional Airport (ELM), the property offers direct access to the tarmac/runway. The facility includes 30,000 square feet of hangar space featuring a 30' x 120' hangar door. The remaining space is configured with a reception area, training rooms, a cafeteria, open floor plans, ADA-compliant restrooms, an executive office suite with a meeting room, a machine shop, a parts room, and storage areas. An air compressor provides piped air throughout the building. The property is on a ground lease with the airport, with acreage and lease terms to be negotiated. The site is fenced and gated, with a guard shack at the entrance.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Clothing Store Pharmacy Skin Care Clinic Food Market Grocery Store Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Horseheads
    County
    Chemung
    State
    New York
    Longitude
    -76.892283
    Latitude
    42.169128

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    FAQs

    What type of property is this?
    Manufacturing property - 70,000 SF aviation facility with direct tarmac access.
    Where is this manufacturing property located?
    The property is located at 41 Aviation Dr Horseheads, NY.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Direct tarmac/runway access at Elmira Corning Regional Airport (ELM).; - 70,000sf aviation/aeronautical facility suitable for multiple aviation-related uses.; - **30,000sf of hangar space with a 30' x 120' hangar door.**
    (607) 738-8458
    Request Owner's contact information
    41 Aviation Dr Horseheads, NY 14845
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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
    41 Aviation Dr Horseheads, NY 14845
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