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Executive Summary

Operational Airport in place with flourishing flight school. Prime Investment Opportunity. Lease in place for all current 29,000 Sq. Ft.. Development opportunity to build 500,000 Sq. Ft. of additional Hangar Space for sale or lease.

Property Facts

Price $13,765,301 CAD
Price Per SF $474.67 CAD
Sale Type Investment or Owner User
Sale Condition Business Value Included
Property Type Specialty
Property Subtype
Airport
  • Specialty Airplane Hangar
Lot Size 83.72 AC
Building Size 29,000 SF
No. Stories 1
Year Built 2024
Parking Ratio 3.03/1,000 SF
Opportunity Zone Yes
Zoning Unrestricted

Amenities

  • Controlled Access
  • Signage
  • Air Conditioning
  • Fiber Optic Internet

About 15900 SCHANK RD , CONROE, TX 77306

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.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0073-00-01800
  • 0073-00-01803
  • 0073-00-01892
  • 0073-00-01896
Land Assessment
$750,988 CAD
Improvements Assessment
$0 CAD
Total Assessment
$750,988 CAD
  • Listing ID: 40145672

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 15900 Schank Rd, Conroe, TX 77306

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