Two-Hangar Aviation
For Sale
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5577 Old Hwy 11E, Morristown, TN 37814
Leasehold aviation property with office and restroom space within each hangar, including one occupied and one available facility.
Property SizeContact for details
Days on Market144
Property Features for 5577 Old Hwy 11E
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
SVN Wood Properties
(865) 776-5662
Listed By:
Taylor Durand · License #TN 369177
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 1:18PM
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 SVN Wood Properties
Investment Insights
Based on property information with market context.
This aviation offering includes the leasehold interest in Hangars B and C at Morristown Regional Airport. Each hangar contains 6,000 SF along with a small office and restroom, providing dedicated aviation facilities within the airport environment. Both structures were completed in 2021.
The improvements are subject to a 30-year ground lease with the City of Morristown, with approximately 26 years remaining. Hangar C is currently subleased, while Hangar B is available for occupancy. The property is located at 5577 Old Hwy 11E in Morristown, Tennessee.
The improvements are subject to a 30-year ground lease with the City of Morristown, with approximately 26 years remaining. Hangar C is currently subleased, while Hangar B is available for occupancy. The property is located at 5577 Old Hwy 11E in Morristown, Tennessee.
Key Highlights
- Two hangars, each measuring 6,000 SF
- Hangars B and C were built in 2021
- Small office and restroom included in each hangar
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
Explore this area
Business Placement
Demographics for 37814, TN
34,130
Population
15,287
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
43.9 sq mi
ZIP Area
777
Density / Sq Mi
$51,083
Median Household Income
$35,062
Median Earnings
$859
Median Rent
$192,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Aviation real estate - Leasehold aviation property with office and restroom space within each hangar, including one occupied and one available facility.
Where is this aviation real estate located?
The property is located at 5577 Old Hwy 11E Morristown, TN.
What are key features of this property?
This property features: Two hangars, each measuring 6,000 SF; Hangars B and C were built in 2021; Small office and restroom included in each hangar
