Enjoy flying, fishing, ranching, and more on this 120+/- acre ag exempt Lake Graham property. Whether utilizing the 3,100 ft FAA approved runway, the well stocked pond, the lake access or the numerous building on site. The world is your oyster on this site. The property includes the custom 125' x 125' high quality airport hanger with 1,200 sq ft of living area, and 1,200' of mechanical and storage facility enclosed. This hanger features a 65' x 17' hydraulic door and the 15,625 sq ft is clear span to house 15-20 air crafts comfortably. With 29' of center height you can easily house a king air and more. The acreage is cattle ready with adequate water sources and power. If flying is not your desire then development or even a fly in community. Let your imagination run wild on this rare lakeside property.