Airport-Access Flex
For Sale
$515,000
10035 Aeronca Ln, McKinney, TX 75071
Office and warehouse configuration with aviation access at Aero Country Airport in McKinney’s ETJ.
Property Size2,500 SF
Price / SF$206
Days on Market73
Property Features for 10035 Aeronca Ln
General Information
Standard status
Active
Size
2,500 SF
Financials
Asking Price
$515,000
HOA Fee
$91.67
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1997
Listing Agency:
Astra Realty LLC
Listed By:
Chris Jones · License #0438845
(214) 744-3990
Source:
Heritance
Added: Jul 27
Changed: Sep 5
Last Checked: Oct 5 at 9:06PM
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 flex property combines approximately 2,500 SF of office and warehouse space in a practical commercial layout. The office component includes two separate work areas, a reception area, and a restroom, while the warehouse-storage area provides room for equipment, inventory, or operational needs. Built in 1997, the property is available for sale or lease.
Located at Aero Country Airport, the property faces Virginia Parkway near Custer Road and offers access to a privately owned, public-use airport. The site is positioned near Highway 121, U.S. Hwy. 380, and Interstate 75, with McKinney, Texas, and the surrounding North Dallas area providing the broader setting. Aviation-related and other intended uses remain subject to confirmation with the applicable authorities.
Located at Aero Country Airport, the property faces Virginia Parkway near Custer Road and offers access to a privately owned, public-use airport. The site is positioned near Highway 121, U.S. Hwy. 380, and Interstate 75, with McKinney, Texas, and the surrounding North Dallas area providing the broader setting. Aviation-related and other intended uses remain subject to confirmation with the applicable authorities.
Key Highlights
- Approximately 2,500 SF of combined office and warehouse space
- Two separate office areas with reception space and restroom
- Warehouse‑storage area for equipment, inventory, or operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,117
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,340
$642.3K
Cap Rate 7%
$458,814
$458.8K
Cap Rate 9%
$356,856
$356.9K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$54.9K $21.96/SF
− Vacancy
−$12.1K −$4.83/SF
EGI
$42.8K $17.13/SF
− OpEx
−$10.7K −$4.28/SF
NOI
$32.1K $12.85/SF
Area
McKinney, TX
Vacancy
22.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,340
Cap Rate 7%
$458,814
Cap Rate 9%
$356,856
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Under-served
Demand for This Use
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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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse configuration with aviation access at Aero Country Airport in McKinney’s ETJ.
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: Approximately 2,500 SF of combined office and warehouse space; Two separate office areas with reception space and restroom; Warehouse‑storage area for equipment, inventory, or operations
