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    37900 Cessna Way Watkins, CO 80137

    Sponsored
    For Sale
    $1,500,000

    10,000 SF hangar, $1.5M, Colorado Air & Space Port.

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,000-square-foot aviation hangar, located at 37900 Cessna Way in Watkins, Colorado (zip code 80137), presents a unique investment opportunity. Situated at the Colorado Air & Space Port, this single-story, 2006-built warehouse boasts a 30-foot ceiling height, making it ideal for aircraft storage and maintenance. The property features a substantial 90-foot hangar door (with four motors), a 14-foot drive-in door, and a large floor drain for efficient drainage. Additional amenities include a restroom, shop sink, and spigot. The building is currently vacant and available for immediate occupancy under a NNN lease. The property is zoned AV and sits on land classified as Industrial. Estimated monthly expenses, including land lease, taxes, insurance, and utilities, are approximately $2,000. The asking price for this exceptional property is $1,500,000, representing a price per square foot of $150. Infrared tube heating is installed for climate control. This is a rare opportunity to acquire a well-equipped aviation hangar in a prime location.

    Property Features for 37900 Cessna Way

    General Information

    Property type
    Distribution properties
    Square Feet
    10,000 SF

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    1

    HighLights

    • 10,000 SF aviation hangar with 90' hangar door (4 motors).
    • 30' clear ceiling height.
    • One 14' drive‑in door.
    • Infrared tube heating.
    • Restroom, shop sink, floor drain, and spigot.
    • Estimated monthly expenses: $2,000 (land lease, taxes, insurance, utilities).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    Watkins
    County
    Adams
    State
    Colorado
    Longitude
    -104.5431592
    Latitude
    39.7907771

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    FAQs

    What type of property is this?
    Distribution property - 10,000 SF hangar, $1.5M, Colorado Air & Space Port.
    Where is this distribution property located?
    The property is located at 37900 Cessna Way Watkins, CO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 10,000 SF aviation hangar with 90' hangar door (4 motors).; 30' clear ceiling height.; One 14' drive-in door.
    Request Owner's contact information
    37900 Cessna Way Watkins, CO 80137
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    Watkins, CO 80137
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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
    37900 Cessna Way Watkins, CO 80137
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