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5175 Old Airport Rd Hazle Township, PA 18202

OFF-MARKET Specialty properties Google Maps
16,000 SF Built 2022
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 16,000-square-foot corporate hangar is situated at the Hazelton Regional Airport (HZL) in Hazle Township, Luzerne County, Pennsylvania, and is offered for sale at $3,500,000. Built in 2022, this single-story structure features a 140-foot by 27-foot-11-inch hydraulic overhead door and a 15-foot heated apron. The interior boasts WiFi, three-phase electrical service, and a restroom, along with an overhead water sprinkler system for enhanced safety. The hangar is ideally suited for Part 135 operations, offering significant discounts on Jet-A fuel. A full-service FBO is conveniently located on-site, providing de-icing, refueling, and towing services. An adjacent 3,000-square-foot unfinished space presents a prime opportunity for customization into office space and/or sleeping quarters. The airport itself boasts a substantial 5,001-foot by 100-foot runway with RNAV approaches down to 400/500 feet. This property is offered on a ground lease with 20 years remaining. The property is conveniently located at 5175 Old Airport Rd, Hazle Township, PA 18202, approximately 88 nautical miles west of KTEB.

Property profile

Verified
Property type Specialty properties
Year built 2022
Total area 16,000 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Air Force Base
  • Regional Airport

Value estimations

Realmo proprietary · 4 methods
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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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