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    300 Heath Rd Heath, OH 43056

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    For Sale
    $1,200,000

    10,000 SF hangar with office on 2.92 acres.

    Property size:
    11,000 SF
    Lot size:
    19.00 Acres

    Property Features for 300 Heath Rd

    General Information

    Size
    11,000 SF
    Lot size
    19.00 Acres

    Source: SHAI-Hess Commercial Real Estate Agent Eddie Hunt

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

    Overview

    Aircraft Hangar with Office Space

    This is a 10,000-square-foot private aircraft hangar, which includes a 1,000-square-foot office and conference room, situated on 2.92 acres at Newark Ohio's KVTA airport. The facility features surveillance, exclusive parking, and a dedicated aircraft staging area, providing direct access to the private runway. It is equipped with a 14-foot drive-in door and two outdoor storage spaces. The hangar door is 23 feet tall and spans 74 feet wide, accommodating jetcraft with tail heights of up to 19 feet. The property is currently held under a leasehold estate set to expire in 2048, and the buyer will assume the existing lease, pending approval from the Regional Airport Authority. It is located in Heath, OH.
    Insight Report Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Heath
    County
    Licking
    State
    Ohio
    Longitude
    -82.4548293
    Latitude
    40.0230138

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    FAQs

    What type of property is this?
    Aviation real estate - 10,000 SF hangar with office on 2.92 acres.
    Where is this aviation real estate located?
    The property is located at 300 Heath Rd Heath, OH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - 10,000 sq ft private aircraft hangar with a 1,000 sq ft office/conference room at Newark Ohio's KVTA airport.; - **Enjoy direct access to a private runway.**; - **Hangar door (23 ft tall, 74 ft wide) accommodates jetcraft with tail heights up to 19 ft.**
    (740) 404-1259
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    300 Heath Rd Heath, OH 43056
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    Heath, OH 43056
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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
    300 Heath Rd Heath, OH 43056
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