Light Industrial Airhanger
541 Skyway Drive Edgewater, FL 32132
New
541 Skyway Drive, Edgewater, FL, 32132
$1,349,900
For Sale
$1,349,900
COMMERCIAL - Edgewater, FL
Property Size7,300 SF
Lot Size2.50 Acres
Price / SF$184.92
Days on Market3
Property Features for 541 Skyway Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- On Street
- Standard status
- Active
- APN
- 7431-00-00-0116
- Size
- 7,300 SF
- Lot size
- 2.50 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- PLEASE SEE ATTACHED LEGAL VIA CONTRACT ADDENDUM #1 IN DOCUMENTS
- Tax Annual Amount
- 11530
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Heat Pump, Zoned, Central Air, Electric, Separate Meters, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1990
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Aluminum Siding, Metal Siding
- Roof type
- Aluminum, Metal
Listing agency
Salty City Realty
(386) 295-9299
Listed by
Pete Klironomos · License #BK3410351
(386) 295-9299
Added: Jul 19 Updated: Jul 21 at 2:39PM Checked: Jul 21 at 6:06PM
MLS# 1228855
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property consists of a demised 7,300 SF airhanger structure within the Massey Ranch “Industrial” airpark. The building is divided into three separate units: a 960 SF HVAC’d space, a 2,500 SF HVAC’d space that includes an approximately 900 SF mezzanine office, and 3,840 SF of non-climatized aircraft hanger space. All existing units are currently occupied under lease or by the owner of the property.
The building provides direct access to the taxiway, with four available spaces for airplane tie-downs at the front of the building’s southern elevation, along with an unobstructed view of the southern portion of the airstrip.
Zoned I-1 (light industrial), the property is stated as allowing for a multitude of uses by the City of Edgewater’s Planning and Zoning Department.
The building provides direct access to the taxiway, with four available spaces for airplane tie-downs at the front of the building’s southern elevation, along with an unobstructed view of the southern portion of the airstrip.
Zoned I-1 (light industrial), the property is stated as allowing for a multitude of uses by the City of Edgewater’s Planning and Zoning Department.
Key Highlights
- Approximately 7,300 SF demised aircraft hangar in the Massey Ranch Industrial Airpark in Edgewater, FL
- 3 separate units: 960 SF HVAC’d space, 2,500 SF HVAC’d space with ~900 SF mezzanine office, and 3,840 SF non‑climatized hangar space
- Direct access to the taxiway with four available airplane tie‑down spaces at the front of the building’s southern elevation
Local Financial Insights For Office B
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 | $157.7k | $21.60 |
| − Vacancy | −$11.8k | −$1.62 |
| EGI | $145.9k | $19.98 |
| − OpEx | −$36.5k | −$5.00 |
| NOI | $109.4k | $14.99 |
7,300 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.56M
$1.37M – $1.82M
NOI $109,391 @ 7.0% cap · market cap 8.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,672 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Safety Block
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Aviation real estate - Airhanger facility with three leased/owner-occupied units and direct taxiway access for aircraft tie-downs.
Where is this aviation real estate located?
The property is located at 541 Skyway Drive Edgewater, FL.
What is the asking price?
The asking price for this property is $1,349,900.
What are key features of this property?
This property features: Approximately 7,300 SF demised aircraft hangar in the Massey Ranch Industrial Airpark in Edgewater, FL; 3 separate units: 960 SF HVAC’d space, 2,500 SF HVAC’d space with ~900 SF mezzanine office, and 3,840 SF non‑climatized hangar space; Direct access to the taxiway with four available airplane tie‑down spaces at the front of the building’s southern elevation
