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2050 N 300 W, Spanish Fork, UT 84660
$438,240
Reduced from $442,843 · today
2050 N 300 W, Spanish Fork, UT 84660
Subtype
Industrial
Building SF
—
$/SF
—
Lot
0.05 ac
Property Details
Description
HANGAR D3 | PATEY AVIATION PARK | KSPK Finished hangar at Spanish Fork Municipal Airport with radiant floor heat, drywall and plumbing already in place-ready to use without finishing a shell. THE HANGAR 1,992 SF hangar, 48' 41.5', with a 44' wide 16' high hydraulic door and 16' clear opening. 23'29'9" eave height. ALREADY FINISHED Radiant floor heat, drywalled interior, plumbing for a sink with clean-out, water and hose bib. Dedicated 125A electrical service and meter, LED lighting, fire alarm, 2-hour demising walls, floor drain and sewer. Pre-engineered insulated steel construction with 4" slab over vapor barrier. HOA + PILOT LOUNGE $165/month includes internet, insurance on the shell and access to the shared pilot lounge with kitchenette, shower and restroom. Owners insure their own contents. OWNERSHIP Own the building on a 50-year Spanish Fork City ground lease. 2026 ground rent is $0.67/SF/year and is set annually by City Council. Property tax applies to the structure only; ground lease transfers with the hangar. THE FIELD Direct taxiway access to Spanish Fork Municipal Airport's 6,500' lighted runway. 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
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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, 7:02:37 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.