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Private Aircraft Hangar Development
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3700 Aero Drive, Georgetown, TX 78628

Planned airport condominium project with multiple hangar configurations and a long-term ground lease framework.

Property Size2,500 SF
Price / SF$210
Days on Market32

Property Features for 3700 Aero Drive

General Information

Standard status Active
Size 2,500 SF
Class A
Property subtype Special Purpose
Zoning IN - PUD

Building Details

Year Built 2026
Buildings 15
Units 38
Listing Agency: Commercial Market Exchange
Listed By: Dean Rowat · License #TX 717513
Source: Crexi
Added: Aug 4 Changed: Sep 2 Last Checked: Sep 2 at 6:28AM

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 Commercial Market Exchange

Investment Insights

Based on property information with market context.

Georgetown Executive Hangars is a planned private aircraft storage development at Georgetown Executive Airport (KGTU), with Phase One comprising 38 individual hangars across three configurations. The proposed units include 50-foot-by-50-foot, 60-foot-by-60-foot, and 75-foot-by-60-foot layouts. Each hangar is expected to be established as an individual leasehold condominium interest, subject to project documents, airport requirements, and related agreements. The property is identified as IN - PUD zoning.

Phase One is planned for Sites 6 and 7 at the airport, with construction anticipated to begin in the third quarter of 2026 and delivery expected six to seven months afterward. The broader development is anticipated to include more than 125 hangars across four phases. The project is structured around a 40-year ground lease with the City of Georgetown and includes a 10-year extension option. The site address is 3700 Aero Drive, Georgetown, TX 78628.

Key Highlights

  • Phase One planned for 38 private hangars
  • Twenty‑seven 50‑foot‑by‑50‑foot hangars, three 60‑foot‑by‑60‑foot hangars, and eight 75‑foot‑by‑60‑foot hangars
  • Planned at Georgetown Executive Airport (KGTU), 3700 Aero Drive

Property Analytics

Current Use

Aviation real estate

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Auto Repair Shop Computer & Electronic Repair Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby

Demographics for 78628, TX

40,378
Population
17,738
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
94%
High-School Grad
64.7 sq mi
ZIP Area
624
Density / Sq Mi
$117,198
Median Household Income
$58,328
Median Earnings
$1,552
Median Rent
$467,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Aviation real estate - Planned airport condominium project with multiple hangar configurations and a long-term ground lease framework.
Where is this aviation real estate located?
The property is located at 3700 Aero Drive Georgetown, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Phase One planned for 38 private hangars; Twenty‑seven 50‑foot‑by‑50‑foot hangars, three 60‑foot‑by‑60‑foot hangars, and eight 75‑foot‑by‑60‑foot hangars; Planned at Georgetown Executive Airport (KGTU), 3700 Aero Drive
(248) 770-3069 Call to check price and availability
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