Current Use by Public Records
- Specialty properties
Property Details for 4445 51St Ave
- Property type
- Specialty properties
- Property subtype
- Airport retail
Description
This exceptional opportunity presents a prime development site at the recently renovated Lanett Airport (reopened 2022) in Lanett, Alabama. Located at 4445 51st Ave SW, 36863, this special purpose property offers flexible build-to-suit hangar space ranging from 5,000 to 12,000 square feet. The airport boasts a state-of-the-art 5,400-foot by 75-foot jet-capable runway, ensuring convenient access for a wide range of aircraft. A new Fixed Base Operator (FBO) is also on-site, providing essential services for pilots and aircraft owners. This development site is ideal for individuals or businesses seeking to construct a custom hangar tailored to their specific needs. The property is available via a thirty (30) year ground lease, offering long-term stability and investment potential. The site's location within the Lanett Airport provides unparalleled convenience and access to a modern, well-maintained aviation facility. With ample land available for development, this is a rare opportunity to establish a presence at a rapidly growing airport. The site's coordinates are 32.8128003 latitude and -85.2323137 longitude. Don't miss this chance to secure your place at Lanett Airport.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lanett
- County
- Chambers
- State
- Alabama
- Longitude
- -85.2323
- Latitude
- 32.8128
