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2050 N 300 W, Spanish Fork, UT 84660
$286,650
2050 N 300 W, Spanish Fork, UT 84660
Subtype
Industrial
Building SF
—
$/SF
—
Lot
0.03 ac
Property Details
Description
Hangar 155 sits on a direct taxilane at Spanish Fork Municipal Airport in the heart of Utah Valley. This 1,470 SF hangar measures 42' 35' with a 40' wide 18' high Schweiss bi-fold door and 17'8.5" clear opening. New construction includes 208Y/120V three-phase, 100A service, full NFPA 13 fire suppression, gas-fired Reznor unit heater, LED high-bay lighting, 50A EV-charger circuit and insulated panels with 1-hour demising walls. No water, sewer or drains within the unit. Public restrooms are available on site. Own the building on a 50-year Spanish Fork City ground lease. 2026 ground rent is $0.67/SF/year, billed on a 1,680 SF minimum and set annually by City Council. Property tax applies to the structure only. Ground lease transfers with the hangar. No HOA. Direct taxiway access to KSPK's 6,500' lighted runway at 4,529' MSL. Uncontrolled field, CTAF 122.9. Jet A available through the FBO. Secured perimeter with badge access and 24/7 owner entry. Approximately 10 minutes to Provo and under an hour to Salt Lake City.
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 9/3/2026, 8:40:05 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.