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    5060 E Falcon Dr Mesa, AZ 85215

    For Sale
    $2,000,000

    Office hangar property featuring hangar, office, and mezzanine space.

    Property size:
    25,891 SF

    Property Features for 5060 E Falcon Dr

    General Information

    Size
    25,891 SF

    Source: Marc Pierce Agent Marc Pierce

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

    Overview

    Office Hangar Property For Sale

    This property features an office hangar with approximately 25,891 square feet of space. The aircraft hangar provides approximately 14,493 square feet, complemented by an approximately 3,800-square-foot first-floor office and an approximately 2,065-square-foot second-floor office. An additional approximately 5,533 square feet of mezzanine space is available. The hangar includes a door height of 18 feet and a door width of 60 feet, along with a drive-in door measuring 16 feet by 18 feet. Situated on an approximate 4.0-acre site, the property is part of a 550-acre parcel owned by the City of Mesa and includes a Mesa Falcon Field Airport land lease.
    Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -111.7211486
    Latitude
    33.4610254

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    FAQs

    What type of property is this?
    Aviation real estate - Office hangar property featuring hangar, office, and mezzanine space.
    Where is this aviation real estate located?
    The property is located at 5060 E Falcon Dr Mesa, AZ.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Large Aircraft Hangar: Boasting ±14,493 SF dedicated to aircraft storage and maintenance.; - Significant Office Space: Includes ±5,865 SF of office area across two floors.; - Ample Mezzanine Space: Features ±5,533 SF of mezzanine space.
    (602) 954-3750
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    5060 E Falcon Dr Mesa, AZ 85215
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    Mesa, AZ 85215
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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
    5060 E Falcon Dr Mesa, AZ 85215
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