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2050 N 300 W, Spanish Fork, UT — photo 11 / 2

$565,633

2050 N 300 W, Spanish Fork, UT 84660

Subtype

Industrial

Building SF

$/SF

Lot

0.06 ac

Property Details

Property typeCommercial Sale
SubtypeIndustrial
Building SF
Year built2026
Lot size0.06 acres
Current useIndustrial
Taxes (annual)$1
Days on market19
Listed2026-08-14T00:00:00+00:00

Description

Unit C3 at Patey Aviation Park North sits direct taxilane at Spanish Fork Municipal Airport (KSPK), a public-use general aviation airport in the heart of Utah Valley. This 48.5x49 rotary-configured hangar was built for helicopter operations - two 14x20 roll-up doors provide dual ingress with immediate taxilane access straight to the runway. No repositioning. No workarounds. Wheel out and go. The building delivers three-phase power to the infrastructure with 200-amp single-phase service to each unit, with three-phase upgrade available. 23' eave height. 14' door clear height. Move-in ready. Building D includes a shared pilot lounge, restrooms, and common amenity space. Fuel on field - 100LL and Jet A - with a dedicated Patey north-side fueling facility planned. Aircraft maintenance available 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. Ground lease 50 years at $0.45/sf/year. Utilities paid by owner. | $565,633 | HOA $165/mo | 2,376 SF | 43.75x41.21 | Roll-Up Doors | 23' Eave | 14' Door Clear | KSPK Direct Taxilane | Move-In Ready |

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

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($15,986)
Effective gross income$45,675/yr
Operating expenses$15,986/yr
Derived NOI$29,689/yr

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, 7:02:53 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.