# 1520 RODEO DR, Lander, WY 82520

> **TL;DR:** commercial, $599,000 ($75/sqft), built 2010, 8,000 sqft. Est. $2,596/mo. Listed 383 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $599,000 |
| Price/sqft | $75 |
| Square Feet | 8,000 |
| Year Built | 2010 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 383 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,596 |
| **Total** | **$2,596** |

## Property Highlights

- Built in 2010

## Description

### Agent Description
Located in Lander, Wyoming, this impressive 8,000 sq. ft. red iron span airport hangar presents a rare investment opportunity in a high-demand aviation market. Constructed in 2010, the hangar is currently operating as both a revenue-generating asset and a fully functioning aircraft maintenance facility.   Expertly designed to maximize space, the hangar has historically housed a variety of aircraft, including four Aztec twin-engine planes, a King Air, and up to eight single-engine aircraft. The facility is equipped with a 20' x 60' bi-fold Schweiss door system, renowned for its reliability and ongoing support with available replacement parts. Inside, the layout offers exceptional flexibility, featuring a spacious upper-level storage area and a dedicated lower-level section for parts and equipment. This is one of the few hangars in the region with full water, gas and sewer connections, supporting an on-site kitchen, bathroom, and enabling aircraft and equipment washing capabilities. In compliance with the city's land lease requirements, the hangar must be actively used by an aircraft for a minimum of seven months annually. The current owner leases approximately one-quarter of the space to a medical operation, with a long-term 7 lease with annual inrcease increments for an additional seven years-providing a strong, stable income stream. Operational costs are efficiently managed, with gas and electric utilities capped at $100 per month for the owner, and overages billed to the tenant. The land lease is affordably priced at $1,300 per year and includes a 15-year renewable term. Combining income potential with personal utility, this property offers a unique opportunity for investors or aviation professionals seeking a versatile and strategically located asset within the aviation and medical support sectors.                     The current renter supports this property as an income-producing asset while also ensuring any future owner remains in compliance with the city's lease requirement by maintaining aircraft usage of the hangar for a minimum of seven months each year.

## Location

- **Address:** 1520 RODEO DR, Lander, WY 82520
- **Coordinates:** 42.833282, -108.728038
- **Google Maps:** https://www.google.com/maps?q=42.833282,-108.728038

## Listing Agent

- **Name:** Shane Archambault
- **Brokerage:** Hayden Outdoors Real Estate
- **Phone:** 3077995149
- **Email:** Shane.wy@haydenoutdoors.com

## Primary Photo

![1520 RODEO DR - Primary Photo](http://lh.rdcpix.com/8ba91a4de5473b5b8c476d6d1c56f2fcl-f267449856r.jpg)

*34 total photos available on [listing page](https://www.propertysimple.com/listing/1520-rodeo-dr-lander-wy-82520-11470968)*

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**MLS#:** 11470968 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1520-rodeo-dr-lander-wy-82520-11470968)

---

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