Grass Roots Airpark — Premier Private Airport & Income-Producing Aviation Complex | Groveland, FL 06FD

A rare opportunity to acquire a fully operational, income-producing private airport and established aviation community in the heart of Central Florida. Grass Roots Airpark (FAA Identifier: 06FD) encompasses approximately 50 acres of prime land in Groveland, Lake County, offering the irreplaceable combination of an active airstrip, steady cash flow, and exceptional development upside — all within 30 miles of Orlando.

THE AIRFIELD

The property is anchored by a well-maintained 3,400-foot turf runway accommodating a wide range of general aviation aircraft. The runway is complemented by grass taxiways providing direct access from the hangar complex, creating a seamless fly-in, fly-out experience for tenants and visitors alike.

HANGAR COMPLEX & IMPROVEMENTS

The airpark features an extensive roster of leasable aviation structures:

– 16 Quad Hangars — Approximately 4,650 SF each with 42-foot wide bi-fold doors, accommodating most single and multi-engine piston aircraft

– 8 Shade Hangars — Covered open-air aircraft storage ports

– 2 Large Barns — Versatile buildings used for storage, workshops, and maintenance operations

– Clubhouse — A charming, historic-style community building with an interior lounge, seating area, and expansive covered porch with ceiling fans overlooking the runway. Serves as the social hub of the airpark

– Storage Closets — Multiple enclosed storage units providing additional rental revenue streams

– Equipment & Maintenance Gear — A full complement of property maintenance equipment including tractor, mowers, and tools conveys with the sale

INCOME & OCCUPANCY

This is not a speculative investment — Grass Roots Airpark has been 100% occupied for over a decade with an active waitlist for hangar space. All leases are structured month-to-month, providing maximum operational flexibility for a new owner. Current rental rates are acknowledged to be below market value, presenting a clear and immediate opportunity to increase revenue simply by adjusting rents to market-appropriate levels without any capital expenditure.

DEVELOPMENT POTENTIAL

Beyond the existing income stream, the property offers significant upside through new construction. Over 12 acres of buildable land remain available for development across three distinct areas:

– Approximately 4 acres north of the existing hangar complex

– Approximately 2+ acres between the current hangars and the runway

– Approximately 6+ acres south of the runway

At an estimated density of 10 to 12 hangars per acre, the developable land could accommodate a substantial number of additional hangars — effectively doubling or more than doubling the current rental income of the airpark.

LOCATION

Grass Roots Airpark is ideally situated in Groveland, one of Central Florida’s fastest-growing communities. The property offers:

– Approximately 30 miles west of downtown Orlando

– Easy highway access via US-27 and State Road 50

– Adjacent to Lake Louisa State Park

– Less than 45 minutes to Orlando International Airport (MCO)

– Close proximity to Walt Disney World, Universal Studios, and Central Florida’s world-class attractions

– Located in Lake County — known for its rolling hills, lakes, and quality of life

Groveland and the surrounding Clermont corridor have experienced rapid population and economic growth, driving increasing demand for aviation and recreational land. The area’s growth trajectory only strengthens the long-term value proposition of owning a private airport in this market.

OPTIONAL ADD-ON

A 2,000+ square foot caretaker’s home situated on approximately 2.66 acres is available separately from the airpark sale. This home is not included in the base offering but may be negotiated as an add-on for a buyer seeking an on-site residence.

TRANSACTION SUMMARY

– Property Type: Commercial — Private Airport / Aviation Complex

– FAA Identifier: 06FD (Grass Roots Airpark)

– Total Acreage: Approximately 50 acres

– Runway: 3,400 ft turf

– Structures: 16 quad hangars, 8 shade hangars, 2 barns, clubhouse, storage

– Occupancy: 100% occupied with waitlist (10+ years)

– Leases: Month-to-month

– Buildable Land: 12+ acres (capacity to double income)

– Equipment: Included in sale

– Price: Call for Price

– Location: Groveland, FL | Lake County | Central Florida

For private showings, detailed financials, or to discuss this acquisition, contact:

Melanie Riddick | Broker & Owner

AV8 Realty — Airpark & Airport Real Estate

C: (954) 253-3948 | O: (772) 888-0747

[email protected] | AV8Realty.com

Riddick Realty, LLC DBA AV8 Realty | Florida Real Estate Brokerage License# CQ1069684

Information presented to the best of our knowledge. Buyer responsible for independent verification and due diligence on all property details, acreage, income, zoning, and permitting.