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2496 N AVIATOR WAY, Spanish Fork, UT 84660
2496 N AVIATOR WAY, Spanish Fork, UT 84660
Subtype
Industrial
Building SF
—
$/SF
—
Lot
0.01 ac
This huge 70x70 newly completed airplane hangar at the Spanish Fork Municipal Airport offers an exceptional opportunity for aviation enthusiasts and investors alike. Completed in December 2025, it features high-quality construction with full insulation, abundant natural light from south and west facing windows, and thoughtfully finished interiors including painted sheetrock, radiant tube heating, and modern lighting. The unit is equipped with an ADA-compliant bathroom with shower, shop sink, RV dump and power, as well as expansive 18' x 80' trifold hangar doors, a 12' x 14' RV door, and a standard man door for convenience. Ownership includes the building itself (no land), with a long-term 50-year ground lease (30 years plus two 10-year renewals). Located in a rapidly growing area with quick freeway access and a welcoming general aviation community, this hangar presents a rare and valuable investment opportunity. Please note that a second hangar is also being sold which is still under construction and will be completed soon - MLS # 2161358.
Listed by Clint Kelson · Equity Real Estate (Prosper Group)
2496 N AVIATOR WAY, Spanish Fork, UT 84660
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, 7:02:14 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.