Cedar City Hangar For
2260 Aviation Way Cedar City, UT
For Sale
Contact for pricing
6,904 SF hangar with excellent I-15 access.
Property Size6,904 SF
Lot Size0.23 Acres
Price / SF$143.40
Days on Market244
Property Features for 2260 Aviation Way
General Information
Standard status
Active
Size
6,904 SF
Lot size
0.23 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers | Salt Lake City Millrock
(801) 947-8388
Listed By:
Don Enlow, SIOR · License #5451676-PB
Source:
Moodyscre
Added: Nov 27, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:31AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Excellent access to I‑15
- 56’ x 17’ Bi‑fold hangar doors
- I & M‑1 Zoning
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
NOI $64,574 @ 7.0% cap · market cap 6.52%
Second Best
Industrial
$759.7K
$664.7K – $886.3K
NOI $53,179 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$1.41M
$1.23M – $1.65M
NOI $98,700 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market 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
Frequently Asked Questions
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
