Runway-Facing Aviation
For Sale
$2,425,000
10015 Jungmeister Lane, McKinney, TX 75071
CommercialSale, McKinney, TX
Property Size11,000 SF
Lot Size0.55 Acres
Price / SF$220.45
Days on Market78
Property Features for 10015 Jungmeister Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
warehouse
Parking features
Secured, RV
Subdivision
AERO COUNTRY ESTATES
Directions
PGA to Aero Country Road go North to Jungmeister and turn Right
Standard status
Active
APN
R201000001301
Size
11,000 SF
Lot size
0.55 Acres
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Electric, Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1980
Floors in Building
2
Number of units
1
Flooring type
Tile, Concrete, Carpet
Building materials
MetalSiding
Roof type
Mixed, Metal
Listing Agency:
Axis Realty Solution
(972) 929-7282
Listed By:
Russell Chase · License #0535310
(972) 922-0794
Added: Jul 21
Changed: Sep 13
Last Checked: Oct 6 at 12:06PM
MLS# 21172460
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This aviation-use property at Aero Country T-31 combines two contiguous hangar lots with approximately 9,000 square feet of hangar space and 11,000 square feet of total property size. The 10015 Jungmeister Lane parcel includes a 2,400-square-foot, five-bedroom, two-bath home, a 60-by-80-foot insulated hangar, a rear access door, and a 30-by-60-foot shop addition equipped with three-phase power. The adjoining 10025 Jungmeister parcel adds a 50-by-60-foot insulated hangar with a red steel frame and rear-door access to an easement.
The property occupies 0.547 acres in McKinney and faces the runway within the airport community. Improvements date to 1980 and include metal siding, mixed and metal roofing, concrete, carpet, and tile flooring. Additional property features include electric heating and cooling, ceiling fans, public water, a septic tank, propane, and secured RV parking.
The property occupies 0.547 acres in McKinney and faces the runway within the airport community. Improvements date to 1980 and include metal siding, mixed and metal roofing, concrete, carpet, and tile flooring. Additional property features include electric heating and cooling, ceiling fans, public water, a septic tank, propane, and secured RV parking.
Key Highlights
- Two contiguous hangar lots at Aero Country T‑31
- Approximately 9,000 SF of hangar space and 11,000 SF of total property size
- 2,400 SF home with 5 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,279
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,685,580
$1.7M
Cap Rate 7%
$1,203,986
$1.2M
Cap Rate 9%
$936,433
$936.4K
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$109.6K $9.96/SF
− Vacancy
−$10.4K −$0.95/SF
EGI
$99.2K $9.01/SF
− OpEx
−$14.9K −$1.35/SF
NOI
$84.3K $7.66/SF
Area
McKinney, TX
Vacancy
9.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,685,580
Cap Rate 7%
$1,203,986
Cap Rate 9%
$936,433
Alternative Uses
Best Use
Warehouse
$1.20M
$1.05M – $1.40M
NOI $84,279 @ 7.0% cap · market cap 3.48%
Second Best
Flex RnD
$1.15M
$1.01M – $1.34M
NOI $80,652 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$3.09M
$2.71M – $3.61M
NOI $216,480 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 75071, TX
64,449
Population
23,861
Households
2.7
Avg Household Size
35
Median Age
51%
College-Educated
94%
High-School Grad
74.1 sq mi
ZIP Area
870
Density / Sq Mi
$132,839
Median Household Income
$63,459
Median Earnings
$2,105
Median Rent
$448,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Aviation real estate - Two contiguous aviation lots combine residential accommodations, insulated hangars, a shop addition, and secured RV parking.
Where is this aviation real estate located?
The property is located at 10015 Jungmeister Lane McKinney, TX.
What is the asking price?
The asking price for this property is $2,425,000.
What are key features of this property?
This property features: Two contiguous hangar lots at Aero Country T‑31; Approximately 9,000 SF of hangar space and 11,000 SF of total property size; 2,400 SF home with 5 bedrooms and 2 bathrooms
