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OFF-MARKET
Specialty properties

2616 Co Rd Caddo Mills, TX 75135

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents the acquisition of Caddo Mills Airport, a thriving aviation hub in Hunt County, Texas. The sale includes Southwest Soaring Inc., encompassing over 20 acres of federally-funded airport land and three substantial buildings. The main structures comprise a 24,500 sq ft building and a 10,000 sq ft building, both to be delivered vacant upon sale. Further enhancing the property's value is a fully leased 15,000 sq ft hangar complex, featuring 12 individual T-hangars currently renting for $550 per month each, with a substantial waiting list. A new 12,000-gallon fueling station is also included. The property benefits from significant tax advantages transferable to the new owner via a stock purchase. Strategically located a mere five minutes from Interstate 30, it offers convenient access to Dallas (30-minute drive) and DFW Airport (45-minute drive). This turnkey operation presents a rare chance to own a profitable and well-established airport with substantial growth potential. The APN is 213827. The asking price is $5,200,000.

Property profile
Verified
Property type Specialty properties
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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