1051 Peterson Farm Rd, Decatur, AR 72722

Aviation-Centric Estate & Airpark with Immediate Upside

Crystal Lake Estates is a rare, large-scale aviation-focused property offering infrastructure that is increasingly difficult to replicate. Spanning approximately 231 acres, this property is anchored by a private paved runway, extensive hangar facilities, and an installed fuel farm, creating a compelling opportunity for aviation investors, owner-operators, flight schools, and aviation-oriented developers.

Unlike raw land airpark concepts, this property already has significant aviation infrastructure in place — dramatically reducing startup time and capital expenditure for a buyer looking to activate or expand aviation operations.

Private Airport Infrastructure (Key Value Driver)

• ¾-mile paved runway suitable for a wide range of general aviation aircraft

• ±21,000 SF of existing hangar space, including office, pilot lounge, workshop, and storage areas

• Room for additional hangars or T-hangar development

• Ideal for private aviation use, aircraft storage, flight training, corporate aviation, or aviation-related commercial operations

The scale of land surrounding the runway allows for future aviation-oriented expansion without the limitations typically found at smaller private airstrips.

Installed Fuel Farm — Major Competitive Advantage

A significant and valuable feature of Crystal Lake Estates is the owner-installed fuel farm, which is fully plumbed and operable.

• Fuel tanks are already installed and connected

• Infrastructure is in place for aviation fuel operations

• The remaining step to activate fuel sales is the installation of a self-service payment system (software/hardware)

This creates an immediate value-add opportunity for a buyer:

• Activate on-site fueling

• Generate revenue from based aircraft and visiting pilots

• Eliminate reliance on off-site fuel sources

• Increase overall airport utility and desirability

Fuel availability is a major draw for pilots and aviation businesses, and this feature positions the property well above most private airstrips on the market.

Airpark & Aviation Development Potential

The property layout and acreage lend themselves well to multiple aviation-focused development paths, including:

• Private or semi-private airpark community

• Runway-access estate lots or hangar homes

• Corporate aviation campus

• Flight school or specialty aviation training facility

• Aircraft storage and maintenance operations

Large parcel sizes allow flexibility in design while maintaining safety buffers and operational efficiency.

Additional Assets Supporting Long-Term Value

• Multiple existing residences suitable for on-site management, executive housing, or rental income

• Scenic lake frontage and rolling pastureland enhancing lifestyle appeal for aviation-oriented buyers

• Highway frontage on AR Hwy 102 and AR Hwy 59, providing excellent visibility and access

Investment Summary

Crystal Lake Estates represents a rare aviation investment opportunity with hard infrastructure already in place — runway, hangars, and fuel farm — significantly lowering the barrier to entry compared to ground-up airport development. The combination of aviation functionality, large acreage, and expansion potential makes this property well-suited for buyers seeking both operational use and long-term appreciation.