23500 Eckert Fld Airport 1Q1 Ave Strathmore, CA 93267
This exceptional commercial property encompasses 25.1 acres at Eckert Field Airport (1Q1), located at 23500 Eckert Field Airport (1Q1) Avenue 204, Strathmore, CA. The property features a substantial 31,000 square foot footprint, including twenty hangars of varying sizes and configurations. Eight hangars are currently leased, generating existing income potential. Hangar types include one shop hangar, one large hangar, five T-hangars with electricity, eleven hangars without electricity, and two port-a-port hangars. The airport boasts a 2000x50ft asphalt runway (13/31) in good condition, suitable for private and recreational aircraft. Additional amenities include tie-downs and a fuel tank/pump (currently empty). The sale price is $1,275,000 and may include a range of valuable equipment, such as three tractors, a brush hog, a discer, golf carts, a forklift, a sweeper, a roller, sprayers, trailers, and a courtesy van. The combined book value of this equipment is approximately $30,000. This property presents a unique opportunity for investors seeking a profitable venture in the aviation sector, benefiting from the existing infrastructure and potential for expansion within the thriving Tulare County aviation community. The property's history as a World War II auxiliary training airfield (Trauger Auxiliary Field A-5) adds to its historical significance.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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