Aero Country Airport
For Sale
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10025 Jungmeister, McKinney, TX 75071
Insulated hangar at Aero Country Airport with roll-up doors.
Property Size3,000 SF
Price / SF$225
Days on Market309
Property Features for 10025 Jungmeister
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Self Storage, Special Purpose
Building Details
Buildings
1
Units
1
Tenancy
Multi
Listing Agency:
Axis Realty Solutions
(972) 929-7282
Listed By:
Russell Chase · License #TX 0535310
Source:
Crexi
Added: Oct 20, 2025
Changed: Aug 15
Last Checked: Aug 21 at 4:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Axis Realty Solutions
Investment Insights
Based on property information with market context.
The property at 10025 Jungmeister Ln features an approximately 50x60 insulated hangar at Aero Country Airport T-31. This metal building has a red steel interior structure and includes two roll-up doors with a center post that slides on a track to the side, designed to accommodate a plane’s full wingspan. A rear roll-up door provides access to an easement behind the hangar. Located in the middle of a row of hangars, it offers easy access to the taxiway and runway. The property size is 3000 square feet. This is an aviation use property.
Key Highlights
- Large (50x60 approx.) insulated hangar at Aero Country Airport (T‑31).
- Two roll‑up doors accommodate a full wingspan with a center post that slides to the side.
- Rear roll‑up door provides access to an easement behind the hangar.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,776
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$695,520
$695.5K
Cap Rate 7%
$496,800
$496.8K
Cap Rate 9%
$386,400
$386.4K
Market Conditions
NOI Build-Up for 3,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.0K $18.00/SF
− Vacancy
−$4.3K −$1.44/SF
EGI
$49.7K $16.56/SF
− OpEx
−$14.9K −$4.97/SF
NOI
$34.8K $11.59/SF
Area
McKinney, TX
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$695,520
Cap Rate 7%
$496,800
Cap Rate 9%
$386,400
Alternative Uses
Best Use
Self Storage
$496.8K
$434.7K – $579.6K
NOI $34,776 @ 7.0% cap · market cap 5.15%
Second Best
Industrial
$270.4K
$236.6K – $315.5K
NOI $18,929 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$843.4K
$738.0K – $984.0K
NOI $59,040 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Aviation real estate - Insulated hangar at Aero Country Airport with roll-up doors.
Where is this aviation real estate located?
The property is located at 10025 Jungmeister McKinney, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Large (50x60 approx.) insulated hangar at Aero Country Airport (T‑31).; Two roll‑up doors accommodate a full wingspan with a center post that slides to the side.; Rear roll‑up door provides access to an easement behind the hangar.
