Current Use by Public Records
- Commercial real estate
Property Details for 1001 B
- Property type
- Commercial real estate
Description
This exceptional opportunity presents a rare chance to acquire a highly desirable airplane hangar at the Destin Executive Airport (DTS) in Destin, Florida. Priced affordably at $225,000, this metal building hangar boasts a prime location offering convenient access to the taxiway and the FBO, allowing easy utilization of various aviation support services. The hangar features an automatic bi-fold door with an approximate opening width of 41 feet 6 inches, a depth of approximately 40 feet, and a tail clearance of approximately 11 feet 10 inches. Its strategic positioning ensures efficient operations. The ground lease associated with this property has a maturity date of January 14, 2042, providing long-term security for the investment. Maintenance responsibilities for the roof and door are handled by the Okaloosa County Airport Authority, minimizing owner upkeep. Conveniently located restrooms are accessible from the exterior of the hangar. This is a unique opportunity to secure a well-situated and cost-effective hangar at a busy and desirable airport. Serious inquiries are encouraged to schedule a viewing and explore this exceptional offering. Further details are available upon request.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Destin
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.471
- Latitude
- 30.3967
