7989 Cessna Drive # 2 Peyton, CO ^$ 360,000

7989 Cessna Drive # 2

^$ 360,000

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Recently Listed

7989 Cessna Drive # 2

Peyton, CO, 80831

^$ 360,000

Bedrooms-- Baths-- Sq 3,428

Monthly Estimate*

^$ 2,217

Listed by Reid Realty, Inc.

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Commercial Property for sale in Peyton, CO

for $360,000. This 3,428 square foot building was built in 1998.

Rare Fee Simple Aircraft Hangar on Private Airport with Public Access at Meadow Lake Airport (KFLY). This 3,428± SF hangar offers an exceptional opportunity for aircraft owners and aviation businesses alike. Featuring an estimated 44’-wide electric bi-fold door (approximately 14.5-ft door height), the hangar easily accommodates a variety of aircraft configurations. The space includes a heated office, providing year-round comfort for operations, planning, or administrative use. Fee simple ownership ensures full property rights—no ground lease. Located on a well-maintained private airport with public access, allowing convenient arrivals and departures without ownership restrictions. Ideal for private aviation, storage, maintenance, or investment. A unique offering for pilots seeking long-term ownership and operational flexibility. BUY ONE OR TWO! 7989 Cessna Dr. Unit 1 is also for sale (hangar that adjoins Unit 2 on the west side of the hangar is for sale as well but has a current tenant). Unit 1 will be available for access by Paeleigh Reid at 719-510-4632. Unit 1's price is $355,000 and is 3,322 SF. Current tenant in Unit 1 pays $1,800.00 per month. Unit 1 has an 48-foot (estimate) electric bi-fold door with approximate door height of 14.5-feet. Both properties are zoned R-4 with an Aviation Overlay. Please call Paeleigh Reid at 719-510-4632 for earnest money specifics if buying both properties. Square footage is approximate. Buyer to measure independently and conduct all due diligence to satisfaction of Buyer. PLEASE NOTE: THOUGH THE MLS REQUIRES BROKER TO INDICATE A WASTE WATER SOURCE, NONE IS EXISTING ON THE PROPERTY FOR EITHER UNIT 1 OR UNIT 2.

Commercial Active

Price

^$ 360,000

Property Type

Commercial

Taxes

^$ 2,607

Style

Year Built

1998

Town/City

Peyton

County/Region

El Paso

MLS | Web ID

2699591

Features

General

Sewer Septic Tank

Utilities Electricity Connected

Possession Closing/DOD

Roof Metal

Zoning R-4 GA-O

Garage Spaces 0

Construction Materials Metal Frame Metal Siding

Exclusions All tenant and owner personal items.

Year Built 1998

Unit Number 2

Property Subtype Special Purpose

Tax Year 2024

Current Use Automotive Commercial Transportation

County El Paso

Property Type Commercial Sale

Attached Garage N

Status Active

Directions From Judge Orr Rd./Hwy. 24 go east on Judge Orr Rd. Follow just past the big red barn on the right. Turn right on Cessna Dr. and go through the airport gate. Proceed on Cessna Dr. to Airpark Heights.

City Peyton

Number Of Units Total 1

Lot Size Units Square Feet

Lot Size Square Feet 0

Carport Spaces 0

Listing Terms Cash

Tax Annual Amount 2607

Lease Considered Y/N N

Standard Status Active

Occupancy Type Owner

Cap Rate 0

Exterior

Parking Features Concrete Exterior Access Door Oversized Door

Total Parking 0

Lot Size Area 0

Building Area Total 3428

Lot Size Acres 0

Road Surface Type Paved

Road Frontage Type Easement Private Road

Internal Only

Street Number 1 7989

* Excluded Features

List By

Reid Realty, Inc.

Broker

(719) 510-4632

Phone

Affordability Calculator

$2,434

Per Month

Monthly Principal & Interest: $2,217
Monthly Property Taxes: $217
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Peyton, CO

Average List Price ^$1,971,192

Percent of Sale Price 448%

About Peyton, CO

302 Population

70% Since 2002

^$64,459 Median Income

45.29 Median Age

42% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/27/2026	$360,000		Listed Price

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7989 Cessna Drive # 2, Peyton, CO, 80831 is a Commercial Property for sale at $360,000 with 3,428 sqft. 7989 Cessna Drive # 2 was built in 1998. The property's zip code is 80831 which is in Peyton, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/28/2026.

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7989 Cessna Drive # 2

Commercial Property for sale in Peyton, CO

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