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OFF-MARKET
Specialty properties

1350 Bishop Rd Ball Ground, GA 30107

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 60,000 square feet of corporate hangars situated at the Cherokee County Regional Airport (KCNI) in Ball Ground, Georgia (zip code 30107, 1350 Bishop Rd). Each hangar boasts substantial dimensions of 120 feet by 100 feet, providing ample space for aircraft storage and maintenance. The property benefits from its convenient location, offering close proximity to Atlanta while remaining outside the Atlanta Class B airspace, minimizing flight restrictions. An exclusive on-site fuel station provides discounted pricing for tenants, adding significant operational cost savings. The airport itself has recently undergone significant improvements, including a runway update and widening to 100 feet by 5,003 feet. Future development plans include extending the runway to 6,000 feet and incorporating an ILS precision approach system, further enhancing the airport's capabilities and attractiveness. This offering includes a long-term, 30-year ground lease, providing exceptional stability and security for investors. The property is currently configured as a single-tenant facility with a total building size of 12,000 square feet, offering immediate income potential. This is a rare opportunity to acquire prime aviation real estate in a rapidly growing area with significant long-term growth potential.

Property profile
Verified
Property type Specialty properties
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
Current use
Occupant on record · Public records
  • Rick Yandle Ground Schools School District Office
  • Cherokee County Regional Airport Airport
  • S & S Aviation Co., FBO Travel Agency Freight Service
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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