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Property profile & analytics
OFF-MARKET
Commercial real estate

27474 Hwy 84-Ph #19 Hwy McGregor, TX 76657

3,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 3,000 sq ft hangar at McGregor Executive Airport, situated between McGregor and Waco, Texas, presents a unique opportunity for aviation enthusiasts and investors. The hangar boasts a spacious 50' x 60' interior with a 45' x 14' high-fold main door for easy aircraft access, complemented by additional 3' x 6'8" side entry doors and an 8' x 8' rear roll-up overhead door. Inside, you'll find a private bathroom with shower, a versatile upstairs loft featuring a flight simulator room and an office/lounge area, and a dedicated workshop space. The property includes individual water and sewer hookups, commercial-grade electrical outlets, and is pre-wired for RV services. Six high-efficiency LED ceiling lights (50,000 lumens) and two exterior LED floodlights provide excellent illumination. An exterior hose bib adds convenience. Ample parking is available, and 24/7 access ensures ultimate flexibility. The hangar's location next to the runway minimizes taxi time, and the property offers potential for leasing. This is more than just a hangar

Property profile
Verified
Property type Commercial real estate
Total area 3,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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