Office Plus Warehouse Hangar-Style
10035 Aeronca Ln McKinney, TX 75071
New
For Sale
$515,000
Property includes two office areas, reception, restroom, and a large warehouse-storage area with direct airport access.
Property Size2,500 SF
Price / SF$206
Days on Market5
Property Features for 10035 Aeronca Ln
General Information
Standard status
Active
Size
2,500 SF
Building Details
Year Built
1997
Listing Agency:
Astra Realty LLC
(214) 744-3990
Listed By:
Chris Jones · License #0438845
Source:
1plusrealty
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 28 at 2:04PM
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 Astra Realty LLC
Investment Insights
Based on property information with market context.
This property offers office and warehouse space designed for flexible business use. The interior includes two separate office areas, a reception area, and a restroom, along with a large warehouse-storage space suitable for equipment, inventory, or operations.
The property is located in the ETJ of McKinney, Texas at Aero Country Airport and faces Virginia Parkway near the intersection of Custer Road and Virginia Parkway. Access is described as quick to Highway 121 (Sam Rayburn Tollway), U.S. Hwy. 380, and Interstate 75. The remarks also indicate direct access to a privately owned, public-use airport.
All information is approximate. A new survey will be required, and buyers or tenants should confirm with the City of McKinney, Collin County, POA, and any other overseeing jurisdiction that their intended use is permitted.
The property is located in the ETJ of McKinney, Texas at Aero Country Airport and faces Virginia Parkway near the intersection of Custer Road and Virginia Parkway. Access is described as quick to Highway 121 (Sam Rayburn Tollway), U.S. Hwy. 380, and Interstate 75. The remarks also indicate direct access to a privately owned, public-use airport.
All information is approximate. A new survey will be required, and buyers or tenants should confirm with the City of McKinney, Collin County, POA, and any other overseeing jurisdiction that their intended use is permitted.
Key Highlights
- 1997‑built office plus warehouse property with approximately 2,500 SF of space
- Includes two separate office areas, reception area, restroom, and a large warehouse‑storage space
- Direct access to a privately owned, public‑use airport in the North Dallas metroplex
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.9k | $21.96 |
| − Vacancy | −$12.1k | −$4.83 |
| EGI | $42.8k | $17.13 |
| − OpEx | −$10.7k | −$4.28 |
| NOI | $32.1k | $12.85 |
2,500 SF · lease $21.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$458.8K
$401.5K – $535.3K
NOI $32,117 @ 7.0% cap · market cap 6.24%
Second Best
Warehouse
$273.6K
$239.4K – $319.2K
NOI $19,154 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$702.9K
$615.0K – $820.0K
NOI $49,200 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Property includes two office areas, reception, restroom, and a large warehouse-storage area with direct airport access.
Where is this flex space located?
The property is located at 10035 Aeronca Ln McKinney, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 1997‑built office plus warehouse property with approximately 2,500 SF of space; Includes two separate office areas, reception area, restroom, and a large warehouse‑storage space; Direct access to a privately owned, public‑use airport in the North Dallas metroplex
