1001 Airport Rd Destin, FL 32541-2807
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.
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Destin Executive Airport (DTS) Airport
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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