800 2E Hurricane, UT 84737
This exceptional leasehold opportunity is located at the Hurricane, UT Airport. The property consists of a well-maintained 50' x 50' steel hangar constructed in 2002, situated on a 0.01-acre lot. The hangar boasts a durable cement floor, ensuring longevity and ease of maintenance. Access is convenient with an electric bi-fold overhead door, an RV door, and a man door. Natural light floods the interior through strategically placed skylights, supplemented by fluorescent lighting for optimal illumination. The fully insulated walls and ceiling provide year-round climate control, minimizing energy costs. Utilities are conveniently stubbed in a corner, with a spigot already installed for immediate use. Currently leased on a month-to-month basis, this hangar offers flexible terms, making it ideal for aviation enthusiasts or businesses seeking adaptable workspace. The airport itself offers added convenience with an on-site fueling station and a small pilot facility. The asking price of $290,000 reflects a recent appraisal. This presents a rare chance to acquire a well-located, functional hangar in a thriving airport environment. Don't miss this chance to secure this valuable asset.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.