Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1311 Aviation Way Avon Park, FL 33825

    For Sale
    $4,000,000

    Profitable Aviation Business, 19,262 SF

    Property size:
    19,262 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Avon Park, FL, aviation business boasts 19,262 square feet of hangar and office space on a 1.45-acre lot with 63,161 square feet of air rights. Three buildings include a large hangar with 24-foot ceilings (westerly half) and a finished office space, a second hangar with 14-foot eaves and office space, a mobile home, and an efficiency apartment. The property features a 6,400 square-foot paint room, a 2,970 square-foot canopy housing a paint booth and generator, and a 65 KW standby generator. The business, established in 1974, enjoys 100% occupancy and generates a NOI of $400,000, representing a 10% cap rate. The property is situated in a gated industrial park with direct airport access, including taxiways and runways. The site is zoned I-1 and includes 51 parking spaces. Recent improvements include a complete roof replacement on one hangar and a partial replacement on another. A long-term lease with the City of Avon Park for adjacent land provides additional value. This is a rare opportunity to acquire a thriving aviation business with significant upside potential. Asking price: $4,000,000.

    Property Features for 1311 Aviation Way

    General Information

    Property type
    Airport retail
    Square Feet
    19,262 SF
    Class
    B
    Lot Size
    63,162 SF

    Building Details

    Year Built
    1968
    Buildings
    3
    Stories
    1
    Units
    3

    HighLights

    • $4,000,000 asking price for this Avon Park, FL airport business.
    • 19,262 SF of hangar and office space on a 1.45‑acre lot with 63,161 SF of air rights.
    • 10% cap rate with a $400,000 NOI.
    • Three buildings totaling 19,262 rentable square feet, including hangars, office space, and shop areas.
    • Located on the Avon Park Executive Airport with direct runway access.
    • Includes 51 parking spaces and is 100% occupied.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Airport retail

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Avon Park
    County
    Highlands
    State
    Florida
    Longitude
    -81.5218474
    Latitude
    27.5899878

    Nearby Similar for Sale

    • $1,900,000
      16,202 SF

      Commercial Buildings in Growing Avon Park

      Three commercial buildings on 1.1 acres in vibrant, growing area.
      43 E Main St, Avon Park, FL 33825
      View Details
    • $300,000
      13.42 Acres

      13.42 Acres of Grassy Land

      Open land ideal for grazing or raising livestock in Avon Park.
      790 Lake Lotela Dr, Avon Park, FL 33825
      View Details
    • $5,995,000

      Avon Park Golf Course Opportunity

      Turn-key 18-hole golf course on 243 acres in Central Florida.
      4100 Carter Creek Dr, Avon Park, FL 33825
      View Details
    • New
      $559,000
      2.00 Acres

      Avon Park Church Buildings For Sale

      Church buildings with sanctuary, fellowship hall, furnishings, and parking.
      324 E Main St, Avon Park, FL 33825
      View Details
    • $299,000
      7,600 SF

      Multi-Unit Industrial Property For Sale

      Multi-unit industrial property with warehouse space and development potential.
      500 S Lake Ave, Avon Park, FL 33825
      View Details
    • $150,000

      Remodeled Duplex Investment Opportunity

      Two-unit multifamily property with updated finishes and rental income.
      908 Willie Hawk Ave, Avon Park, FL 33825
      View Details

    FAQs

    What type of property is this?
    Airport retail - Profitable Aviation Business, 19,262 SF
    Where is this airport retail located?
    The property is located at 1311 Aviation Way Avon Park, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: $4,000,000 asking price for this Avon Park, FL airport business.; 19,262 SF of hangar and office space on a 1.45-acre lot with 63,161 SF of air rights.; 10% cap rate with a $400,000 NOI.
    Request Owner's contact information
    1311 Aviation Way Avon Park, FL 33825
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1311 Aviation Way
    Avon Park, FL 33825
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1311 Aviation Way Avon Park, FL 33825
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.