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Property profile & analytics
OFF-MARKET
Commercial real estate

47 Runway Rd Lavonia, GA 30553

2,500 SF Built 2019
Property ID
Property summary
AI-generated overview

This exceptional 2,500 square foot hangar is situated on a 0.19-acre lot within a thriving Northeast Georgia airpark, offering a unique investment opportunity. Located conveniently along I-85, approximately 84 miles north of Atlanta, this property enjoys easy access to major transportation routes. The airpark itself boasts a substantial 3,000 ft x 50 ft concrete runway, complemented by a grass landing strip, ensuring smooth and versatile aircraft operations. The sale includes a 99-year lease on the lot, providing long-term security and peace of mind. Beyond the hangar, the airpark offers attractive amenities, including scenic walking trails and a tranquil fish pond, creating a relaxing and enjoyable environment. The property's location is particularly advantageous, nestled between Clemson, South Carolina, and Athens, Georgia, in one of Georgia's fastest-growing regions. This presents a compelling opportunity for both personal and commercial aviation enthusiasts, offering a blend of functionality and recreational appeal. The 50 x 50 hangar provides ample space for aircraft storage and maintenance. This is a rare opportunity to acquire a well-situated hangar in a rapidly developing area.

Property profile
Verified
Property type Commercial real estate
Year built 2019
Total area 2,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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