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    460 Eastside Lake Rd Graham, TX 76450

    For Sale
    $2,400,000

    Texas Ranch, Airport, & Lake Access

    Property size:
    15,625 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 120-acre property in Graham, Texas (76450), offers a unique blend of commercial and recreational opportunities. The centerpiece is a 3,100-foot FAA-approved runway serving a 15,625 sq ft hangar, boasting a 65' x 17' hydraulic door and ample space (clear span) for 6-12 aircraft. The hangar also includes 1,200 sq ft of living space and 1,200 sq ft of mechanical/storage areas, all within a two-story structure. The property features three buildings in total, built in 2024, and benefits from a 29-foot ceiling height in the hangar. Beyond aviation, the land is ideal for ranching, with ample water sources and power already in place. Lake access adds further recreational value. The property is ag-exempt and presents diverse development potential, from a fly-in community to other commercial ventures. This rare lakeside property offers a compelling investment opportunity with significant upside. APN: 16642. Asking price: $2,400,000.

    Property Features for 460 Eastside Lake Rd

    General Information

    Property type
    Airport retail
    Square Feet
    15,625 SF
    Lot Size
    5,227,200 SF

    Building Details

    Year Built
    2024
    Buildings
    3
    Stories
    2

    HighLights

    • 120+ Acre Ag‑Exempt Lake Graham Property
    • 3,100 ft FAA‑Approved Runway
    • 15,625 sq ft Hangar with 65' x 17' Hydraulic Door
    • 1,200 sq ft Hangar Living Space plus 1,200 sq ft Mechanical/Storage
    • Clear‑span hangar accommodating 6‑12 aircraft
    Property Profile Location Intelligence

    Current Use by Public Records

    Airport retail

    Map

    City
    Graham
    County
    Young
    State
    Texas
    Longitude
    -98.6190878
    Latitude
    33.1666295

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    FAQs

    What type of property is this?
    Airport retail - Texas Ranch, Airport, & Lake Access
    Where is this airport retail located?
    The property is located at 460 Eastside Lake Rd Graham, TX.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 120+ Acre Ag-Exempt Lake Graham Property; 3,100 ft FAA-Approved Runway; 15,625 sq ft Hangar with 65' x 17' Hydraulic Door
    Request Owner's contact information
    460 Eastside Lake Rd Graham, TX 76450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    460 Eastside Lake Rd Graham, TX 76450
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