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    Cedar City Hangar For Sale Title is generated by Realmo AI

    2260 Aviation Way, Cedar City, UT

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    6,904 SF hangar with excellent I-15 access.

    Type:INDUSTRIAL
    Property size:
    6,904 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $143/SF
    Added:
    Nov 27, 2025
    Days on Market:
    199
    Last Refresh:
    Apr 5 at 10:31 pm

    Property Features for 2260 Aviation Way

    General Information

    Standard status
    Active
    Size
    6,904 SF
    Lot size
    0.23 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Don Enlow, SIOR
    Don Enlow, SIOR

    Listing agent Don Enlow, SIOR License #5451676-PB

    Listing office Colliers | Salt Lake City Millrock

    Listing date Nov 27, 2025

    Source Moodyscre

    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 Colliers | Salt Lake City Millrock

    HighLights

    • Excellent access to I‑15
    • 56’ x 17’ Bi‑fold hangar doors
    • I & M‑1 Zoning
    • 18’ Clear height
    • 480 Volt / 3‑Phase
    • Office and small restroom in each

    Overview

    This 6,904 square foot property is suitable for warehouse, industrial, aviation, or specialty use. Each unit includes an office and a small restroom. The property features 480 Volt / 3-Phase power and an 18-foot clear height. Access is facilitated by 56-foot by 17-foot bi-fold hangar doors. The property is zoned I & M-1 and offers excellent access to I-15. Recent improvements have been made to the runway and terminal.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $77.0k $11.16
    − Vacancy −$1.1k −$0.16
    EGI $76.0k $11.00
    − OpEx −$11.4k −$1.65
    NOI $64.6k $9.35
    6,904 SF · lease $11.16/SF/yr · vacancy 1.40% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $922.5K
    $807.2K – $1.08M (±1% cap)
    NOI $64,574 @ 7.0% cap · market cap 6.52%
    Second Best
    Industrial
    $759.7K
    $664.7K – $886.3K (±1% cap)
    NOI $53,179 @ 7.0% cap · market cap 5.37%
    Theoretical Best
    Office A
    $1.41M
    $1.23M – $1.65M (±1% cap)
    NOI $98,700 @ 7.0% cap · market cap 9.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store

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

    Similar Places Nearby

    • Estate Storage — 2142 W 850 N #102, Cedar City, UT 84721
    • Epic Storage Units — 2142 W 850 N Ste 101, Cedar City, UT 84721
    • Airspace Storage — 881 Aviation Way, Cedar City, UT 84721
    • Aviation Storage — 499 Aviation Way, Cedar City, UT 84721
    • Bulloch Outdoor Self Storage — 2476 W 1600 N, Cedar City, UT 84721

    Location Insight

    • Map
    • Local Demand
    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.093
    Latitude
    37.6973

    FAQs

    What type of property is this?
    Warehouse - 6,904 SF hangar with excellent I-15 access.
    Where is this warehouse located?
    The property is located at 2260 Aviation Way Cedar City, UT.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Excellent access to I‑15; 56’ x 17’ Bi‑fold hangar doors; I & M‑1 Zoning
    (801) 947-8300 Call to check price and availability
    More about this property
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