7022 W Middle Rd Peoria, IL 61607
For Sale
1 / 5
This exceptional ±88,145 square foot facility at the General Wayne A. Downing Peoria International Airport presents a unique investment opportunity. The property boasts two ±36,005 square foot hangar bays, providing ample space for aircraft storage and maintenance. In addition to the hangar space, the facility includes approximately ±10,321 square feet of combined office, conference, break, and shop space, catering to the needs of a diverse aviation operation. A convenient ±5,814 square foot parking garage ensures ample parking for staff and visitors. Further enhancing its appeal, the property includes approximately ±110,000 square feet of private ramp space, providing direct access to the airfield. The facility is equipped with two fuel cabinets, each containing two 20,000-gallon in-ground tanks, offering significant fuel storage capacity. This single-tenant property is ideally suited for private flight departments, MROs, FBOs, aircraft service centers, or aviation manufacturing companies seeking a high-quality, well-equipped facility in a competitive market. The property is available for sale or lease, presenting a compelling opportunity for businesses seeking to establish or expand their aviation operations in a strategic location. This is a rare opportunity to acquire a substantial and well-appointed aviation facility at a potentially advantageous price point.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.