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    1001 Block 8, Destin, FL 32541

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    AI-generated overview

    Exceptional investment opportunity in a rarely available hangar at the Destin Executive Airport (DTS) in Destin, Florida. This metal building features an automatic bi-fold door (approximately 41'6" wide) and offers convenient access to the taxiway and FBO services. The hangar boasts ample dimensions: approximately 40 feet deep, with approximately 11'10" of tail clearance. Its prime location ensures ease of use and proximity to support services. The Okaloosa County Airport Authority maintains the roof and door, providing peace of mind. Conveniently located restrooms are accessible from the hangar's exterior. The ground lease has a maturity date of January 14, 2042. This property presents a price-effective entry point into the Destin aviation market. The asking price is $225,000. Further details and scheduling of a viewing are available upon request. The APN is 00-2S-22-0000-0007-0000 and the address is 1001 Airport Road, Destin, FL Lot 1 Block 8, zip code 32541.

    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
    Value estimations
    Realmo proprietary · 4 methods
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    Permitted uses
    Allowed · conditional · prohibited
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