202 N Farrington - FBO Property
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
202 N Farrington - FBO Property
34,000 SF Speciality Building Offered at £1,106,014 in La Porte, TX 77571
Investment Highlights
- all t-hangar spaces are currently leased with a waiting list of potential tenants
- this airport location would be ideal for an aviation related business (avionics, A&P, paint, flight school, etc.)
- office in large hangar is currently leased
- open land for expansion
Executive Summary
Aviation Investors Interested in Owning an FBO
.
Summary
Amazing opportunity for aviation investors to own and operate an FBO at La Porte Municipal Airport (T41) in La Porte, TX. This historic airport was once the overflow field for Houston’s historic Ellington Field Joint Reserve Base, now Ellington Airport (KEFD).
.
La Porte Municipal Airport is ideally located near downtown Houston, Ellington Airport, Hobby Airport, Clear Lake, NASA, and the Houston Ship Channel, providing nearby beautiful aerial views of Clear Lake, Galveston Bay, Galveston, and downtown Houston.
.
Opportunity
To own the following improvements on city owned ground lease:
.
1 - large hangar with paint booth, air conditioned office space, restroom, and warehouse/storage space
+ hangar with paint booth (approximately 60’ x 100’)
+ office and storage/warehouse space (approximately 30’ x 80’)
.
1 - office with parts storage area (approximately 30’ x 40’) - air conditioned with restroom, attached to one of the T-hangar buildings (see below)
.
3 - long t-hangar buildings with fully inclosed t-hangars and some partially inclosed t-hangars
+ 1 - approximately 35’ x 210’ - 7 inclosed t-hangar spaces, attached office on Northwest side (listed above), and small office space (on Southeast side of building with A/C & RR)
+ 1 - approximately 38’ x 208’ - 6 inclosed t-hangars and 2 offices (1 on each end of the building, both with A/C and RR)
+ 1 - approximately 56’ x 208’ - 5 inclused t-hangars, 4 covered tie-downs, and 2 offices (1 on each end of the building, both with A/C and RR)
.
5 - existing open air tie-downs with plent of space to add more
.
plenty of open space to build more structures
.
Exclusions
Land is ground lease, not fee simple. You will be purchasing the improvements only. Existing FBO business, business name, parts inventory, and equipment DO NOT convey with sale. City will renew ground lease with new owner for an additional 25 years.
.
Investment Potential
+ all t-hangar spaces are currently leased with a waiting list of potential tenants
+ office in large hangar is currently leased
+ this airport location would be ideal for an aviation related business (avionics, A&P, paint, flight school, etc.)
+ open land for expansion
.
Summary
Amazing opportunity for aviation investors to own and operate an FBO at La Porte Municipal Airport (T41) in La Porte, TX. This historic airport was once the overflow field for Houston’s historic Ellington Field Joint Reserve Base, now Ellington Airport (KEFD).
.
La Porte Municipal Airport is ideally located near downtown Houston, Ellington Airport, Hobby Airport, Clear Lake, NASA, and the Houston Ship Channel, providing nearby beautiful aerial views of Clear Lake, Galveston Bay, Galveston, and downtown Houston.
.
Opportunity
To own the following improvements on city owned ground lease:
.
1 - large hangar with paint booth, air conditioned office space, restroom, and warehouse/storage space
+ hangar with paint booth (approximately 60’ x 100’)
+ office and storage/warehouse space (approximately 30’ x 80’)
.
1 - office with parts storage area (approximately 30’ x 40’) - air conditioned with restroom, attached to one of the T-hangar buildings (see below)
.
3 - long t-hangar buildings with fully inclosed t-hangars and some partially inclosed t-hangars
+ 1 - approximately 35’ x 210’ - 7 inclosed t-hangar spaces, attached office on Northwest side (listed above), and small office space (on Southeast side of building with A/C & RR)
+ 1 - approximately 38’ x 208’ - 6 inclosed t-hangars and 2 offices (1 on each end of the building, both with A/C and RR)
+ 1 - approximately 56’ x 208’ - 5 inclused t-hangars, 4 covered tie-downs, and 2 offices (1 on each end of the building, both with A/C and RR)
.
5 - existing open air tie-downs with plent of space to add more
.
plenty of open space to build more structures
.
Exclusions
Land is ground lease, not fee simple. You will be purchasing the improvements only. Existing FBO business, business name, parts inventory, and equipment DO NOT convey with sale. City will renew ground lease with new owner for an additional 25 years.
.
Investment Potential
+ all t-hangar spaces are currently leased with a waiting list of potential tenants
+ office in large hangar is currently leased
+ this airport location would be ideal for an aviation related business (avionics, A&P, paint, flight school, etc.)
+ open land for expansion
Data Room Click Here to Access
Property Facts
| Price | £1,106,014 | Building Class | B |
| Price Per SF | £33 | Lot Size | 3.00 AC |
| Sale Type | Investment or Owner User | Building Size | 34,000 SF |
| Sale Conditions | Ground Lease Sold | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 1966 |
| Property Subtype | Airplane Hangar |
| Price | £1,106,014 |
| Price Per SF | £33 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Ground Lease Sold |
| Property Type | Speciality |
| Property Subtype | Airplane Hangar |
| Building Class | B |
| Lot Size | 3.00 AC |
| Building Size | 34,000 SF |
| Number of Floors | 1 |
| Year Built | 1966 |
PROPERTY TAXES
| Parcel Number | 0382340010008 | Improvements Assessment | £575,635 |
| Land Assessment | £0 | Total Assessment | £575,635 |
PROPERTY TAXES
Parcel Number
0382340010008
Land Assessment
£0
Improvements Assessment
£575,635
Total Assessment
£575,635
-
Jeff Sojka -
Texas Home and Hangar
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
202 N Farrington - FBO Property
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.