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Property profile

1943 Grumman Pocatello, ID 83204

OFF-MARKET
Commercial real estate
2,500 SF 0.06 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional 2,500 square foot airplane hangar presents a rare investment opportunity at the Pocatello Regional Airport. Constructed in 2024, this new steel-frame building boasts a substantial 50' x 50' footprint. The hangar features a generously sized 14' high by 45' wide door, ensuring easy access for a variety of aircraft. Unlike most hangars, this property includes a convenient bathroom and is equipped with natural gas heating, providing year-round comfort and functionality. The hangar is situated on a 0.06-acre lot leased from the City of Pocatello. A significant advantage is the long-term lease agreement, providing a secure tenure of 30 years. This turnkey solution offers immediate occupancy and is ideal for private aircraft owners, businesses requiring hangar space, or investors seeking a unique and well-appointed property in a prime airport location. The combination of new construction, desirable features, and the extended lease term makes this hangar a truly exceptional offering. The asking price is $370,000.

Property profile

Verified
Property type Commercial real estate
Year built 2024
Total area 2,500 SF
Lot 0.06 ac (2,614 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1943 Grumman Pocatello, ID 83204
Pocatello metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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