6334 Monnett Rd, Climax, NC 27233
This exceptional 5,000 square foot hangar at Greensboro Executive Airport presents a unique investment opportunity. Ideal for aviation-related businesses, storage, or flight schools, this versatile space offers significant potential. The hangar features a large, adaptable interior area perfect for renovation into additional office space or a conference room. A prepared slab at the rear allows for expansion, such as adding a lean-to, increasing the facility's size and utility. Three-phase power is available, catering to high-energy equipment needs. The hangar boasts a nearly 60-foot stacking-sliding door, maximizing flexibility for aircraft. The airport itself is strategically located in the Piedmont Triad region, offering easy access to major business centers and leisure destinations. Operating under Pilot Controlled airspace ensures convenient access. Recently renovated Fixed Base Operator (FBO) facilities provide high-quality services. Hangar tenants enjoy waived landing fees, offering substantial cost savings. The exterior is scheduled for a fresh coat of paint, and updated high-quality photos will be available soon. This property offers a blend of functionality, location, and cost-effectiveness, making it an attractive proposition for a variety of aviation-related businesses. The property is situated within the Climax/Guilford County submarket cluster, encompassing Greensboro-High Point, Central North Carolina Triad Aviation Corridor, Guilford County, Alamance County, and Randolph County, and is easily accessible via US 421 Scenic Corridor. This location serves Greensboro, Liberty, Winston Salem, Asheboro, Siler City, Rockingham County, and Burlington, Lexington.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.