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2050 N 300 W, Spanish Fork, UT 84660
$720,000
2050 N 300 W, Spanish Fork, UT 84660
Subtype
Industrial
Building SF
—
$/SF
—
Lot
0.1 ac
Property Details
Description
Hangar 179 offers a well-equipped, functional space designed for ease of ownership and use. Features include access to a public restroom, a gas-fired Reznor unit heater, LED high-bay lighting, floor and trench drains, and plumbing already in place for the addition of a private restroom in the future. Electrical includes 208Y/120V three-phase, 100A service, plus a dedicated 50A EV-charger circuit. Insulated panels and a one-hour-rated demising wall complete the space. Ownership is subject to a 50-year Spanish Fork City ground lease, currently $0.67/SF. The building is privately owned while the underlying land is leased from the City, with ground rent set annually by the Spanish Fork City Council. Property tax applies to the structure only, and the ground lease transfers with the building upon sale.
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, 7:02:37 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.