1160 Navajo St Farmington, NM 87401
- Land
- 2,501 SF
Current Use by Public Records
- Land
Property Details for 1160 Navajo St
- Property size
- 2,501 SF
- Property type
- Land
Description
This exceptional, like-new executive airplane hangar is available for purchase at the Four Corners Regional Airport in Farmington, New Mexico. Boasting 2,501 square feet of space, the hangar features a generous 42-foot wide overhead door and a convenient walk-in service door. Its depth measures 40 feet, providing ample room for aircraft storage and maintenance. A significant advantage is the existing 20-year hangar land lease agreement with the City of Farmington and the Four Corners Regional Airport, extending until March 31, 2039, with a 15-year renewal option. The annual lease cost is $650.26. The property benefits from a secure gated entrance, ensuring the safety and security of your aircraft. Please allow a minimum of 24 hours' notice for scheduling a viewing. This presents a unique opportunity to acquire a well-maintained hangar in a prime airport location. The asking price for this exceptional property is $200,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- San Juan
- State
- New Mexico
- Longitude
- -108.223
- Latitude
- 36.7392
