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500 Aviation Way
Lebanon, TN 37090
500 Aviation Way · Specialty Property For Sale
·
25,000 SF
EXECUTIVE SUMMARY
This newly constructed private airplane hangar,
built in 2023, is located at Lebanon Municipal
Airport and offers direct access to the tarmac.
It features a 5,000-foot runway and can be
purchased either 12,500 or 25,000 SF. The hangar
is equipped with heated and sprinkled interiors,
including office space and a break room, as well as
8 private parking spaces. The hangar has two doors
with clear heights of 28 feet—one measuring 100
feet wide and the other 80 feet wide. The property
is projected to generate a proforma net income
of $480,000 annually, and the seller is open to
demising the space to suit the buyer’s needs.
built in 2023, is located at Lebanon Municipal
Airport and offers direct access to the tarmac.
It features a 5,000-foot runway and can be
purchased either 12,500 or 25,000 SF. The hangar
is equipped with heated and sprinkled interiors,
including office space and a break room, as well as
8 private parking spaces. The hangar has two doors
with clear heights of 28 feet—one measuring 100
feet wide and the other 80 feet wide. The property
is projected to generate a proforma net income
of $480,000 annually, and the seller is open to
demising the space to suit the buyer’s needs.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Building Size | 25,000 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Airplane Hangar | Year Built | 2023 |
| Building Class | B |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Airplane Hangar |
| Building Class | B |
| Building Size | 25,000 SF |
| No. Stories | 1 |
| Year Built | 2023 |
PROPERTY TAXES
| Parcel Number | 081-004.01 | Improvements Assessment | $1,969,480 CAD |
| Land Assessment | $8,920,067 CAD | Total Assessment | $10,889,547 CAD |
PROPERTY TAXES
Parcel Number
081-004.01
Land Assessment
$8,920,067 CAD
Improvements Assessment
$1,969,480 CAD
Total Assessment
$10,889,547 CAD
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