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    116 1St Ramp Bainbridge, GA 39817

    For Sale
    Contact for pricing

    12,000 SF hangar, shop space, fee simple.

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 12,000-square-foot hangar, located at 116 1st Ramp, Hangar #1 in Bainbridge, Georgia (39817), presents a unique investment opportunity. Constructed in 2009, the property offers a versatile space ideal for various aviation-related businesses. The hangar boasts 3,200 square feet of climate-controlled shop area, complete with a half-bath, making it particularly well-suited for a maintenance, repair, and overhaul (MRO) facility. The property is offered fee simple, eliminating the complexities of ground leases. This provides a clear ownership structure and long-term stability for the buyer. The hangar is situated within Decatur County, Georgia, offering convenient access to the airport's infrastructure and services. This property is available for sale by owner and presents a compelling opportunity for those seeking a substantial and well-maintained aviation facility. Note that this hangar can be purchased in conjunction with Hangar #2 (sold separately). The property's location provides excellent access to transportation networks and offers significant potential for growth and expansion within the aviation sector.

    Property Features for 116 1St Ramp

    General Information

    Property type
    Airport retail
    Square Feet
    12,000 SF

    Building Details

    Year Built
    2009

    HighLights

    • 12,000 SF hangar, Bainbridge, GA (39817), built in 2009.
    • Features 3,200 SF climate‑controlled shop with half‑bath, ideal for MRO.
    • Fee simple ownership; no ground lease.
    • Located at 116 1st Ramp, Hangar #1, Decatur County, GA.
    • Can be purchased with Hangar #2 (sold separately).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AG Flight Pilot ... Flight School

    Suggested Use

    Wholesale Shop Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Bainbridge
    County
    Decatur
    State
    Georgia
    Longitude
    -84.630841
    Latitude
    30.975676

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    FAQs

    What type of property is this?
    Airport retail - 12,000 SF hangar, shop space, fee simple.
    Where is this airport retail located?
    The property is located at 116 1St Ramp Bainbridge, GA.
    What are key features of this property?
    This property features: 12,000 SF hangar, Bainbridge, GA (39817), built in 2009.; Features 3,200 SF climate-controlled shop with half-bath, ideal for MRO.; Fee simple ownership; no ground lease.
    Request Owner's contact information
    116 1St Ramp Bainbridge, GA 39817
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    Bainbridge, GA 39817
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 1St Ramp Bainbridge, GA 39817
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