11190 Blume Ave Houston, TX 77034
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.