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    1001 Airport Rd Destin, FL 32541

    Sponsored
    For Sale
    $1,195,000

    Prime Hangar Lease, Destin, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional opportunity to lease a hangar at Destin Executive Airport (DTS) in Destin, Florida. This single-story, 1-building hangar offers a rare 20-year lease renewal option, extending to 2057. The hangar boasts an impressive bifold door (approximately 64' opening width, 18' tail clearance) and a large automatic roll-up door. The interior features epoxy flooring and is in exceptional condition. Conveniently located near the FBO for easy access to aviation services. Hangar dimensions are approximately 52' deep, with a 30' center height, and the rear roll-up door measures approximately 14' high and 12' wide. The property is listed at $1,195,000. Air conditioning units have sensors that automatically shut off when either door opens. Showings require 24-hour notice. Please note that aircraft, vehicles, and personal property are not included in the sale. APN: 00-2S-22-0000-0007-0000.

    Property Features for 1001 Airport Rd

    General Information

    Property type
    Airport retail

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $1,195,000 asking price for a special purpose property (airport hangar) in Destin, Florida.
    • Rare hangar leasehold interest at Destin Executive Airport (DTS).
    • Hangar features a large automatic roll‑up door and a massive automatic bifold door (approx. 64' opening width, 18' tail clearance).
    • 2037 lease expiration with a 20‑year renewal option.
    • Epoxy flooring, excellent condition, and convenient location near FBO services; approximate dimensions: 52' depth, 30' center height, 14'x12' rear roll‑up door.
    Property Profile Location Intelligence

    Current Use by Public Records

    Destin Executive Airport ... Airport Vertol Systems Co Aircraft Maintenance Company Leading Edge Car Detailing Service Destin Jeep Rentals Car Rental Agency Go Rentals Car Rental Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Destin
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.471583131822
    Latitude
    30.396389742005

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    FAQs

    What type of property is this?
    Airport retail - Prime Hangar Lease, Destin, FL
    Where is this airport retail located?
    The property is located at 1001 Airport Rd Destin, FL.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: $1,195,000 asking price for a special purpose property (airport hangar) in Destin, Florida.; Rare hangar leasehold interest at Destin Executive Airport (DTS).; Hangar features a large automatic roll-up door and a massive automatic bifold door (approx. 64' opening width, 18' tail clearance).
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    1001 Airport Rd Destin, FL 32541
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    Destin, FL 32541
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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
    1001 Airport Rd Destin, FL 32541
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