Current Use by Public Records
- Specialty properties
Property Details for 2616 Co Rd
- Property type
- Specialty properties
- Property subtype
- Airport retail
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Caddo Mills
- County
- Hunt
- State
- Texas
- Longitude
- -96.2461
- Latitude
- 33.0427
