Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    500 Aviation Way Peachtree City, GA 30269

    • Industrial properties
    • 10,000 SF
    For Sale
    View listing
    Last Sale
    Dec 04, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0911067
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Blue Sky Charter / Boat Rental Service / Transportation Infrastructure
    • Mitchell Aviation Services / Distribution Center / Logistics Company
    • Corporate Jet LLC / Freight Service / Logistics Company
    • Precision Aircraft Services / Distribution Center / Logistics Company
    • Gardner Lowe Aviation Services / Freight Service / Logistics Company

    Property Details for 500 Aviation Way

    Year built
    2005
    Construction
    METAL FRAME
    Property size
    10,000 SF
    Zone code
    I AI
    Property type
    Industrial properties
    APN
    61502008
    APU
    61502008

    Description

    This exceptional 10,000 square foot hangar, located at 500 Aviation Way in Peachtree City, Georgia (zip code 30269), is ideally suited for a variety of aviation-related businesses. Situated within Fayette County, this special purpose property offers a prime location for a small corporate flight department, maintenance, repair, and overhaul (MRO) operation, or as a community hangar. The property is being offered for sale by owner and includes a ground lease with 10 years remaining. The hangar's substantial size provides ample space for aircraft storage, maintenance, and related activities. Its convenient location near Peachtree City Airport ensures easy access to runways and other airport services. This is a unique opportunity to acquire a well-positioned and spacious hangar in a thriving aviation community. The property's address is precisely 500 Aviation Way, Peachtree City, GA 30269. The geographic coordinates are latitude 33.3552279 and longitude -84.5657433. Serious inquiries only. This is a sale by owner opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,015,000
      6.5%
      $935,000
      7%
      $870,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,163,000
      Market price range: $251k - $1.56M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,090,000
      Current use
      OFFICE BUILDING
      $1,430,000
      Change: +31% Conversion: Difficult
      MEDICAL BUILDING
      $1,220,000
      Change: +12% Conversion: Difficult
      RESTAURANT
      $1,220,000
      Change: +12% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,155,000
      Change: +6% Conversion: Easy
      RETAIL STORES
      $1,110,000
      Change: +2% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Peachtree City
    County
    Fayette
    State
    Georgia
    Longitude
    -84.5657
    Latitude
    33.3553
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,425
    $0.00
    $178,840
    $178,840
    -
    $0.00
    $447,100
    $447,100

    Comparable in this City

    • Value Estimation by Request
      1,462 SF

      Hngr Falcon Fld Fld

      INDUSTRIAL (GENERAL) • 1,462 SF
      Hngr Falcon Fld Fld, Peachtree City, GA 30269
      View Details
    • Value Estimation by Request
      3,190 SF

      460 Dividend Dr

      INDUSTRIAL (GENERAL) • 3,190 SF
      460 Dividend Dr, Peachtree City, GA 30269-1948
      View Details
    • Value Estimation
      $1,865,000
      22,096 SF

      Peachtree City, GA 30269

      INDUSTRIAL (GENERAL) • 22,096 SF
      Peachtree City, GA 30269
      View Details
    • Value Estimation by Request
      4,320 SF

      Hngr Falcon Fld Fld

      INDUSTRIAL (GENERAL) • 4,320 SF
      Hngr Falcon Fld Fld, Peachtree City, GA 30269
      View Details
    • Value Estimation by Request
      3,190 SF

      460 Dividend Dr

      INDUSTRIAL (GENERAL) • 3,190 SF
      460 Dividend Dr, Peachtree City, GA 30269-1948
      View Details
    • Value Estimation by Request
      1,033 SF

      Peachtree City, GA 30269

      INDUSTRIAL (GENERAL) • 1,033 SF
      Peachtree City, GA 30269
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      Peachtree City Hangar - For Sale

      10,000 SF Airport Hangar, Ground Lease
      500 Aviation Way, Peachtree City, GA 30269
      View Details
    • Contact for pricing
      14,400 SF

      Falcon Field Corporate Hangar

      14,400 SF hangar, executive suite, Atlanta area
      7 Aviation Way, Peachtree City, GA 30269
      View Details
    • $425,000
      0.44 Acres

      Land in North Cove Community

      Residential land for custom home in Peachtree City, Georgia.
      221 N Cove Dr, Peachtree City, GA 30269
      View Details
    • Contact for pricing

      Highway 74 Property For Sale

      Property on Highway 74 North, Peachtree City, Georgia.
      275 Highway 74 North, Peachtree City, GA 30269
      View Details
    • $2,900,000
      14,400 SF

      Falcon Field Corporate Hangar Opportunity

      Exclusive 14,400 sq ft corporate hangar at Falcon Field.
      7 Hangar Rd, Peachtree City, GA 30269
      View Details
    • $1,400,000

      Peachtree City Redevelopment Opportunity

      Commercial land available for redevelopment in Peachtree City, Georgia.
      1999-2011 Highway 54 W, Peachtree City, GA 30269
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      22,762 SF

      Peachtree City Warehouse Space

      Industrial warehouse space available for lease in Peachtree City.
      665 Highway 74 South, Peachtree City, GA 30269
      View Details
    • $24 SF/Yr
      400 SF

      Peachtree City Office Space

      Professional office space in Peachtree City with modern amenities.
      6000 Shakerag Hl, Peachtree City, GA 30269
      View Details
    • Contact for pricing
      266,005 SF

      Braelinn Village Retail Center

      Peachtree City Shopping Center - Spaces Available
      0 Peachtree Pkwy. & Crosstown Dr, Peachtree City, GA 30269
      View Details
    • $10 SF/Yr
      29,047 SF

      South Atlanta Office Space Available

      Prime Office Suites, 1-3,796 sq ft
      500 Northlake Dr, Peachtree City, GA 30269
      View Details
    • $25 SF/Yr
      2,800 SF

      Peachtree City Class A Office Space

      Prime location, 2,800 sq ft available
      100 World Dr, Peachtree City, GA 30269
      View Details
    • $10 SF/Yr
      2,854 SF

      Peachtree City Office Space Available

      Office space for lease in the heart of Peachtree City.
      500 Northlake Dr, Peachtree City, GA 30269
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 Aviation Way
    Peachtree City, GA 30269
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!