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29502 S Meridian Rd - Lenhardt Airpark 85,695 SF Specialty Building Offered at $2,950,000 in Hubbard, OR 97032
INVESTMENT HIGHLIGHTS
- Privately owned, public use airport
- In the the heart of the Willamette Valley
- 3,200 ft paved runway
EXECUTIVE SUMMARY
Lenhardt Airpark is available for sale, featuring leased hangars and two acres of land available for development. This privately owned, public use general aviation airport features a 3,200 foot runway, over 75 total hangars and a small operations office. Common areas, club house and Friday gatherings create a strong sense of community for aviation enthusiasts. Of the total hangars, 56 have been leased in long term leases. The remaining hangars are owned by airport's ownership and are leased on
a month-to-month basis. For a full financial analysis, contact team@hancockre.com.
a month-to-month basis. For a full financial analysis, contact team@hancockre.com.
PROPERTY FACTS
| Price | $2,950,000 | Building Class | C |
| Price Per SF | $34.42 | Lot Size | 26.19 AC |
| Sale Type | Owner User | Building Size | 85,695 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Year Built | 1960 | |
| Zoning | EFU | ||
| Price | $2,950,000 |
| Price Per SF | $34.42 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 26.19 AC |
| Building Size | 85,695 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | EFU |
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29502 S Meridian Rd - Lenhardt Airpark
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