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    2550 Union Point Hwy Greensboro, GA 30642

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    For Sale
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    4,550 SF Airport Hangar - Vacant

    Property size:
    4,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,550-square-foot executive hangar is available for sale. Located at 2550 Union Point Hwy, Greensboro, GA 30642, this special-purpose property sits near the prestigious Lake Oconee/Reynolds Plantation. The hangar boasts a spacious interior measuring 65 feet by 70 feet, featuring a substantial 18.5-foot by 63-foot hydraulic door for easy aircraft access. Inside, you'll find two 12x12-foot offices, perfect for administrative needs, and a durable epoxy floor. The property is situated on a ground lease with an expiration date of April 1st, 2041, leaving 17 years remaining. The sale includes a Best Tug at closing. The hangar is currently vacant and ready for immediate occupancy. The airport itself features a paved runway measuring 5,500 feet by 100 feet, providing ample space for aircraft operations. This presents a unique opportunity to acquire a well-maintained, conveniently located executive hangar in a desirable area. This is a for sale by owner listing.

    Property Features for 2550 Union Point Hwy

    General Information

    Property type
    Airport retail
    Square Feet
    4,550 SF

    HighLights

    • 4,550 SF executive hangar for sale at 2550 Union Point Hwy, Greensboro, GA.
    • 65' x 70' hangar with an 18.5' x 63' hydraulic door.
    • Includes two 12' x 12' offices and epoxy flooring.
    • Ground lease expiring April 1, 2041 (17 years remaining).
    • Best Tug included at closing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Airport retail

    Suggested Use

    Building Supply Auto Repair Shop Wholesale Shop Department Store Garden Center Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Greene
    State
    Georgia
    Longitude
    -83.1375509
    Latitude
    33.5961602

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    FAQs

    What type of property is this?
    Airport retail - 4,550 SF Airport Hangar - Vacant
    Where is this airport retail located?
    The property is located at 2550 Union Point Hwy Greensboro, GA.
    What are key features of this property?
    This property features: 4,550 SF executive hangar for sale at 2550 Union Point Hwy, Greensboro, GA.; 65' x 70' hangar with an 18.5' x 63' hydraulic door.; Includes two 12' x 12' offices and epoxy flooring.
    Request Owner's contact information
    2550 Union Point Hwy Greensboro, GA 30642
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    Greensboro, GA 30642
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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
    2550 Union Point Hwy Greensboro, GA 30642
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