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501 Wright Brothers Dr 4,800 SF Specialty Building Offered at $700,000 in Georgetown, TX 78628
Investment Highlights
- Rare opportunity to purchase a fully insulated 4,800 SF corporate hangar at Georgetown Executive Airport (KGTU).
- Includes a climate-controlled corner office and a restroom with shower, providing comfort for private aviation operations.
- Features an electric bi-fold hangar door with a 70’ wide by 16’ tall opening, accommodating mid-size jets and turboprops.
- Positioned along the I-35 corridor just north of Austin, offering convenient access to Central Texas and the Texas Hill Country.
Executive Summary
Rare opportunity to acquire a corporate aircraft hangar at Georgetown Executive Airport in Georgetown, Texas. The 4,800 square foot hangar features an electric bi-fold hangar door with a 70’ wide x 16' tall opening capable of accommodate mid-size jets and turbo-props.
The hangar is fully insulated with overhead lighting, climate-controlled corner office and a restroom with shower, making the space well-suited for private aircraft owners, corporate flight departments, or other aviation-related users.
Located along the I-35 corridor just north of Austin, Georgetown Executive Airport provides convenient access to Central Texas and the Texas Hill Country. GTU supports general and corporate aviation with Cutter’s full-service FBO, avionics services, aircraft maintenance, and 5,004' x 100' paved, lighted runway with RNAV (GPS) approaches.
Property is on a municipal airport leasehold, airport land lease with the City of Georgetown expires on or about May 31, 2030.
The hangar is fully insulated with overhead lighting, climate-controlled corner office and a restroom with shower, making the space well-suited for private aircraft owners, corporate flight departments, or other aviation-related users.
Located along the I-35 corridor just north of Austin, Georgetown Executive Airport provides convenient access to Central Texas and the Texas Hill Country. GTU supports general and corporate aviation with Cutter’s full-service FBO, avionics services, aircraft maintenance, and 5,004' x 100' paved, lighted runway with RNAV (GPS) approaches.
Property is on a municipal airport leasehold, airport land lease with the City of Georgetown expires on or about May 31, 2030.
Property Facts
| Price | $700,000 | Lot Size | 12.00 AC |
| Price Per SF | $145.83 | Building Size | 4,800 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2000 |
| Property Subtype | Airplane Hangar | Parking Ratio | 1.67/1,000 SF |
| Building Class | B |
| Price | $700,000 |
| Price Per SF | $145.83 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Airplane Hangar |
| Building Class | B |
| Lot Size | 12.00 AC |
| Building Size | 4,800 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 1.67/1,000 SF |
Amenities
- Signage
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R477101 | Improvements Assessment | $1,838 |
| Land Assessment | $0 | Total Assessment | $1,838 |
Property Taxes
Parcel Number
R477101
Land Assessment
$0
Improvements Assessment
$1,838
Total Assessment
$1,838
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501 Wright Brothers Dr
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