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Property profile & analytics
OFF-MARKET
Specialty properties

11190 Blume Ave Houston, TX 77034

13,350 SF 1.28 ac lot Built 2005
Property ID
Property summary
AI-generated overview

This exceptional 13,350 sq ft executive hangar at Ellington Airport (KEFD) in Houston, Texas, offers a 10,000 sq ft hangar with an 80' wide x 27'6" tall door. The climate-controlled space boasts porcelain tile flooring, high-bay and LED lighting, built-in shop cabinets, and WWII murals. Amenities include a spacious pilot's lounge with a double-sided fireplace, full kitchen and bar, and a wine bar. Upstairs, pilot quarters feature a captain's lounge, full kitchen, master suite with walk-in closet, guest quarters, and a balcony with runway views. Exterior features include a heated pool, hot tub, outdoor kitchen, 96 parking spaces, electronic gate access, and direct taxiway access. The property sits on a 1.275-acre ground lease (expiring July 30, 2030) with the City of Houston at a current annual rate of $12,041.04. Ellington Airport is a FAR Part 139 Class IV airport with a 24-hour air traffic control tower, ARFF Index A, and full-service FBO. Runways include 17R/35L (9,001 ft x 150 ft), 4/22 (8,001 ft x 150 ft), and 17L/35R (4,609 ft x 75 ft). The hangar is equipped with 480V 3-phase electric and is fully insulated. This luxurious, Class A facility represents a rare opportunity in the Houston airport market. The building was constructed in 2005 and features two stories. The permitted zoning is Aviation Related.

Property profile
Verified
Property type Specialty properties
Year built 2005
Total area 13,350 SF
Lot 1.28 ac (55,539 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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