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2050 N 300 W, Spanish Fork, UT 84660
$271,950
2050 N 300 W, Spanish Fork, UT 84660
Subtype
Industrial
Building SF
—
$/SF
—
Lot
0.03 ac
Property Details
Description
Unit 156 at Patey Aviation Park South sits on a direct taxilane at Spanish Fork Municipal Airport (KSPK), a public-use general aviation airport in the heart of Utah Valley. This 42x35 hangar offers 1,470 SF with a 40-ft wide door (17 ft 8.5 in clear height) and direct taxilane access to the runway. New 2026 build with LED lighting, gas unit heater, R-19 ceiling and R-13 wall insulation, individual 125-amp electric meter, floor drain, concrete floor, and fire suppression. No water in unit; shared public restroom access. Fuel on field (100LL and Jet A), aircraft maintenance on field, based aircraft receive one complimentary landing per day. Airport elevation 4,529 MSL, 6,500' lighted asphalt runway, AWOS 119.275, CTAF 122.9. Owned structure on a 50-year city ground lease at $0.45/sf/year, utilities owner-paid. Ready June 2026.
Listed by Adam Lancaster · Lancaster & Co Realty LLC
Location
2050 N 300 W, Spanish Fork, UT 84660
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
—
GRM
11.8
Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/2/2026, 7:02:38 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.