800 2E Hurricane, UT 84737
This exceptional 50' x 50' steel hangar, constructed in 2002 at the Hurricane, UT Airport (84737), presents a remarkable leasehold opportunity. Priced at $290,000 based on a recent appraisal, this well-maintained structure boasts a durable cement floor, ensuring longevity and practicality. Access is effortless thanks to an electric bi-fold overhead door, an RV door, and a convenient man door. Abundant natural light streams in through strategically placed skylights, complemented by fluorescent lighting for optimal illumination. The fully insulated walls and ceiling maintain a comfortable interior temperature year-round, regardless of external conditions. Utilities are conveniently stubbed in a corner, with a spigot already installed for added convenience. Currently leased on a month-to-month basis, this hangar offers flexible occupancy for aviation enthusiasts or businesses seeking adaptable space. The airport's amenities include a fueling station and a small pilot facility, further enhancing its appeal and operational efficiency. This property is classified as industrial and land, with a warehouse and commercial subtype. Don't miss this chance to acquire a valuable asset in a thriving aviation hub.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.