Rare Opportunity at Brown Field Municipal Airport (KSDM)
Own a well-maintained aircraft hangar featuring built-in workspace and office areas, ideal for aviation professionals, private aircraft owners, or business operations.
This approximately 40’ x 40’ hangar offers a functional layout with additional workspace, office, and storage areas on both the main level and upper mezzanine—providing flexibility for maintenance, project work, administrative use, or hobby aviation.
Located at Brown Field Municipal Airport, this property operates under a long-term ground lease that has historically been renewed every 10 years. The current owner has successfully maintained the lease for over 40 years. Buyers are advised to verify lease continuation terms directly with the airport authority.
Property Highlights:
Approx. 40’ x 40’ hangar space
Additional office, workspace, and storage areas
Upper mezzanine for expanded use
Heavy 220V electrical (including workshop access)
Steel construction
Commercial zoning
Ideal for aviation operations, business use, or investment
Investment Overview:
Gross Scheduled Income: $28,800
Net Operating Income (NOI): $16,620
Cap Rate: 5.5%
Low operating expenses and strong income potential
Additional Details:
No HOA
No heating or cooling
No vacancy allowance
Listing terms: Cash, 1031 Exchange, Submit
This is a rare chance to secure a versatile aviation property in a high-demand location with income potential and long-term upside.