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Property profile & analytics
OFF-MARKET
Commercial real estate

707 William Northern Blvd Tullahoma, TN 37388

2.94 ac lot
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-2060634
Property summary
AI-generated overview

This exceptional offering presents a rare chance to own a fully restored WWII-era hangar and 2 acres of land at the Tullahoma (THA) Municipal Airport in Middle Tennessee. Strategically located within 50 miles of Nashville, Chattanooga, and Huntsville, this property boasts unparalleled access and visibility. The 22,448 square foot hangar features impressive dimensions – 183 feet by 122 feet – with two 90-foot-wide openings and 21-foot-tall doors. Inside, you'll find well-maintained back offices, a machine shop, a bathroom with a shower, and ample parking. The property benefits from a robust infrastructure including gas heat, 800A/460v electrical service, and a separate 400A service. The hangar also includes 90 feet of owned ramp space, providing convenient access to the airport's four runways, including a 5500-foot lighted hard surface runway and instrument approaches. Its prime location directly adjacent to the main terminal and the Beechcraft Heritage Museum ensures high visibility and accessibility. Recent upgrades include a new roof and valley drains, new insulation, updated metal siding including hangar doors, and a modernized fire suppression system. The land is privately owned, eliminating the uncertainties of ground leases, with deeded through-the-fence rights to the THA airport. Adjacent lots are also available for purchase, potentially expanding the total acreage to 2.94 acres. Seller financing options are available, making this an attractive investment opportunity for aviation businesses seeking a prominent location in Middle Tennessee.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.94 ac (128,066 SF)
APN 016125 00111
UPID US80-2060634
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
  • Mach 5 Engineering Industrial Manufacturer Production Facility
  • FlyDirect Aviation Distribution Center Logistics Company
  • Williamson Aviation Distribution Center Logistics Company
  • Chemical Propulsion Systems (Bike/Boat/Book/etc) Store
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
Lynchburg Machine Toolinc · 1 yrs held
Lynchburg Machine Toolinc
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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