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Property profile & analytics
OFF-MARKET
Commercial real estate

1001 Airport Rd Destin, FL 32541-2807

6,634 SF 213.03 ac lot Built 2006
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-8959426
Property summary
AI-generated overview

Exceptional investment opportunity awaits at the Destin Executive Airport (DTS) in Destin, Florida. This prime hangar space, identified by APN 00-2S-22-0000-0007-0000, is offered at an attractive asking price of $595,000. The hangar boasts a 15-foot ceiling height and features convenient access to the taxiway and the FBO, allowing for easy utilization of various aviation services. The metal building includes manual swing doors with a 50-foot opening width and a depth of 45 feet. Its end-cap location provides optimal accessibility. The associated ground lease has an approximate remaining term of nine years, expiring on May 31, 2033. This presents a unique chance to acquire a well-positioned hangar in a highly desirable location within the thriving Destin, Florida market (zip code 32541). The property is located at 1001 Airport Road 8-107. This offering is exceptionally rare, representing a price-effective entry point into the Destin Executive Airport's hangar market. Serious inquiries are encouraged to schedule a viewing and explore this compelling investment opportunity further.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,634 SF
Lot 213.03 ac (9,279,764 SF)
APN 00-2S-22-0000-0007-0000
UPID US18-8959426
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
Current use
Occupant on record · Public records
  • Destin Executive Airport (DTS) Airport
  • Vertol Systems Co Distribution Center Logistics Company
  • Leading Edge Car Wash
  • Destin Jeep Rentals Car Rental Facility
  • Go Rentals Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Timberview Choppers INC · 1 yrs held
Timberview Choppers INC
since 2025
Last sale
$275,000
5 recorded transactions
2025
$275,000
2022
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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