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Executive Aviation Hangar with Hydraulic Door
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For Sale
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21588 E DIANA Way, Queen Creek, AZ 85142

Air-conditioned hangar space in a gated fly-in community with runway access and substantial aviation-oriented improvements.

Property Size5,287 SF
Price / SF$1.29
Days on Market2

Property Features for 21588 E DIANA Way

General Information

Standard status Active
Size 5,287 SF
Property subtype Comm/Industry Lease

Warehouse & Industrial

Clear Height 18 ft
Voltage 208 V
Three-Phase Power Yes
Conditioned Warehouse Yes
Listing Agency: Fathom Realty Elite
Listed By: Julia Christine Mowry
Source: Juliebradfeldt
Added: Sep 5 Last Checked: Sep 5 at 3:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fathom Realty Elite

Investment Insights

Based on property information with market context.

Newly constructed executive hangar space at Pegasus Airpark 5AZ3 offers 5,287 square feet with air conditioning, full insulation, and high-output LED lighting. The facility includes a 70-foot hydraulic door with 18-foot clear height, plus a front RV garage door for additional access. Power service is 120/208V three-phase, and plumbing has been stubbed for a future spigot installation.

The property is within a gated fly-in community featuring a 5,000+ paved runway. The offering consists of the open hangar area only; finished offices are excluded and will not be available to the occupant. The address is 21588 E Diana Way in Queen Creek, Arizona.

Key Highlights

  • 5,287‑square‑foot aviation hangar at Pegasus Airpark 5AZ3
  • 70‑foot hydraulic door with 18‑foot clear height
  • Air‑conditioned, fully insulated structure with R‑24 walls and R‑38 ceiling

Property Analytics

Current Use

Aviation real estate

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Florist Storage Facility Catering Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby

Demographics for 85142, AZ

80,734
Population
27,701
Households
2.9
Avg Household Size
34
Median Age
38%
College-Educated
96%
High-School Grad
101.3 sq mi
ZIP Area
797
Density / Sq Mi
$125,236
Median Household Income
$55,193
Median Earnings
$2,092
Median Rent
$521,300
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Aviation real estate - Air-conditioned hangar space in a gated fly-in community with runway access and substantial aviation-oriented improvements.
Where is this aviation real estate located?
The property is located at 21588 E DIANA Way Queen Creek, AZ.
What are key features of this property?
This property features: 5,287‑square‑foot aviation hangar at Pegasus Airpark 5AZ3; 70‑foot hydraulic door with 18‑foot clear height; Air‑conditioned, fully insulated structure with R‑24 walls and R‑38 ceiling
More about this property
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