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31800508
33284339

15900 Schank Rd, Conroe, TX 77306

LF
TX 758474
Coldwell Banker Commercial Realty - The Woodlands
Listed by Coldwell Banker Commercial Realty - The Woodlands
$10,000,000
55 days on market
Updated 6 days ago

Chennault Airfield

Details
APN 0073-00-01800, 0073-00-01892, 0073-00-01896, 0073-00-01803
Property Type Special Purpose
Sub Type Airport
Square Footage 29,000
Units 2
Tenancy Single
Price per SqFt $345
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 2
Stories 1
Acreage 83.720
Zoning Unrestricted
Ceiling Height 22

Chenault Airfield - A high-velocity development asset. With a potential ROI of 50%!

Marketing description

Chennault Airfield – 25TX represents a rare, institutional-grade aviation development opportunity situated on 83.72 secured acres with 3100' x 70' asphalt runway with 1,500' taxiway, 24,000 Sq. Ft. of hangar space and 5,000 Sq. Ft. of office space in the heart of Montgomery County. Positioned as the premier reliever of General Aviation aircraft from Conroe Municipal Airport, this facility is engineered to capture the spillover demand from North Houston’s congested flight hubs. All FAA requirements for lighting, communications, flight patterns, compliance etc. licensed, approved and in place. With a Development ROI of 50% +, this asset is perfectly positioned for long-term yield play.

Strategic Location & Connectivity

• The Woodlands: Only a 30-minute drive, providing direct access to one of the wealthiest corporate and residential demographics in Texas.

• Conroe North Houston Regional Airport (KCXO): Strategically located to serve as the primary alternative for private General Aviation Pilots looking to avoid the operational delays of Conroe Airport. No more waiting for an hour plus to take off.

Near "Shovel-Ready" Status

Eliminate the typical 18–24-month development lag. This project is in its third city review, with completed Drainage Studies and Environmental Assessments already on file. The path to breaking ground on the planned 376 additional hangars (500,000+ sq. ft.) is cleared and de-risked.

Robust Infrastructure & Security

The site is fully equipped with high-capacity utilities designed for industrial aviation scale:

• Power & Tech: 3-Phase Underground power with 6000-amp transformer, and High-Capacity Fiber Optic Internet are on-site, supporting modern avionics suites, flight schools, hangars, and corporate headquarters.

• Utilities: City water and a dedicated septic system are already in place.

• Security: The entire 83-acre perimeter is enclosed by 8-foot chain-link fencing. Access is controlled via a gated automatic keypad entry, ensuring secure airside access and 24/7 privacy for tenants, students and owners.

• Fuel Service: 12,000-gallon fuel service on site and operational.

Investment highlights

Development ROI of 50%

Listing Contacts

LF
TX 758474
Coldwell Banker Commercial Realty - The Woodlands
Listed by Coldwell Banker Commercial Realty - The Woodlands

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Additional Information

Name
Lisa Fay
License
671352
Brokerage
Coldwell Banker Realty
Brokerage Phone
832.732.2630
Title
Broker of Record
Brokerage Address
1335 Lake Woodlands Dr, Ste C The Woodlands, TX 77380
Name
Lawrence Fay
License
758474
Brokerage
Coldwell Banker Realty
Brokerage Phone
2813632500
Title
Realtor
Brokerage Address
1335 Lake Woodlands Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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