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County Road 2616 - Caddo Mills Muni Airport-7F3

34,500 SF Specialty Building Offered at $4,000,000 in Caddo Mills, TX 75135

Investment Highlights

  • This propert included the Sale of Southwest Soaring Inc. That owns Private Property at Caddo Mills Airport
  • Tax benefit transfers to owner of a stock purchase.
  • New fueling station 12,000 gallon tank
  • 12 T Hangers that rent for $500 a month with a waiting list

Executive Summary

Currently used as a machine shop and Aircraft with Aviation unmanned vehicle museum? . The buildings will be empty when sold. 1 building 24,500 sq ft 1 building is 10,000 sq ft plus 15,000 sq ft of T Hangers, fully leased for $550 per month each.Southwest, soaring which owns the assets listed private property on federally funded Airport that property includes 20+ acres and three buildings including a 12 unit T hanger. The property is a 30 minute drive from Dallas a 45 minute drive from DFW five minutes off interstate 30.
There is a new appraisal that has been completed, call broker for more information.

Attachments

Caddo Mills Airport 7F3 Feb 2024

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $4,000,000
Price Per SF $116
Sale Type Investment
Sale Conditions Building in Shell Condition
Property Type Specialty
Property Subtype
Airport
  • Specialty Airplane Hangar
Building Class C
Lot Size 2.00 AC
Building Size 34,500 SF
No. Stories 1
Year Built 2008

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
213827
Land Assessment
$0
Improvements Assessment
$264,210
Total Assessment
$264,210

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 30937963

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: County Road 2616, Caddo Mills, TX 75135

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