Property profile

10015 Jungmeister Ln McKinney, TX 75071

FOR SALE
Other commercial real estate
Property ID
US82-4256301
6,000 SF 0.4 ac lot Built 1985
Individually Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property consists of three contiguous hangar lots at Aero Country Airport T31 in McKinney, Texas: lots 10015 Jungmeister, 10025 Jungmeister, and 10035 Jungmeister. Together they total approximately 0.71 acres and approximately 14,400 square feet of hangar-related improvements. Lot 10015 Jungmeister is a runway lot and includes a 2,400-square-foot residence with 5 bedrooms and 2 bathrooms, a 60 by 80 insulated hangar, a rear access door, and a 30 by 60 shop addition with three-phase power. Lot 10025 Jungmeister features a 50 by 60 insulated hangar with a red steel frame and a rear access door providing access to an easement. Lot 10035 Jungmeister includes a 60 by 80 hangar with an attached 800-square-foot apartment (2 bedrooms, 1 bathroom), additional workshop space, an additional bathroom within the hangar, and a rear access door. The overall use is suited to aviation-related activities in an airport community.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Total area 6,000 SF
Lot 0.4 ac (17,293 SF)
APN R-2010-000-0130-1
UPID US82-4256301

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10015 Jungmeister Ln McKinney, TX 75071
McKinney metro Census 30524 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message