Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Modern Flex Space Available Title is generated by Realmo AI

    5250 Novak St, Caddo Mills, TX

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Light industrial spaces with high exposure and turnkey convenience.

    Type:FLEX_R_AND_D
    Property size:
    3,250 SF
    Lot size:
    2.03 Acres
    Added:
    Jul 9, 2025
    Days on Market:
    329
    Last Refresh:
    May 20 at 8:23 pm

    Property Features for 5250 Novak St

    General Information

    Standard status
    Active
    Size
    3,250 SF
    Lot size
    2.03 Acres
    Property subtype
    FLEX_R_AND_D

    Spaces For Lease

    at 5250 Novak St Contact us

    We can help!

    Listing Contact
    Cody Rollins
    Cody Rollins

    Listing agent Cody Rollins License #0794595

    Listing office M&D Real Estate LP

    Listing date Jul 9, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of M&D Real Estate LP

    HighLights

    • High visibility location with Interstate 30 frontage.
    • Turnkey convenience with professional building solutions.
    • Fiber internet and CAT6 wiring throughout.
    • Overhead door access for deliveries.
    • Modern design with luxury vinyl plank flooring and kitchenette.
    • Spray foam insulation in warehouse spaces.

    Overview

    Prime leasing opportunities are available for light industrial spaces with visibility from Interstate 30. These spaces are ideal for businesses seeking professional building solutions with high exposure and turnkey convenience. One available space, located at 5250 Novak Street #201-204, offers 3,250 square feet of flex space featuring a modern design. These spaces vary from shell space to including private offices, fiber internet, CAT6 wiring, luxury vinyl plank flooring, a kitchenette, and a private restroom per unit. The warehouses include spray foam insulation with overhead door access.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Hidden Honey Collective — 2411 TX-66, Caddo Mills, TX 75135

    Location Insight

    • Map
    • Local Demand
    City
    Caddo Mills
    County
    Hunt
    State
    Texas
    Longitude
    -96.2278
    Latitude
    33.0657

    Nearby Similar for Lease

    • $3,500/Mo

      Warehouse with I30 Frontage

      3-acre warehouse outside city limits, suitable for retail/storage.
      4935 E Interstate 30 W, Caddo Mills, TX 75135
      View Details
    • $15 SF/Yr

      Versatile Industrial Space in Caddo

      Office/industrial space for lease with modern amenities and easy access.
      2344 Fm 36 S, Caddo Mills, TX 75135
      View Details
    • $11 SF/Yr
      15,000 SF

      New Construction Flex Space

      New construction flex space with office build-out, available Q4 2026.
      1955 Fm 1903, Caddo Mills, TX 75135
      View Details
    • $15 SF/Yr
      3,600 SF

      Versatile Office and Industrial Space

      Office and industrial space for lease in Caddo Mills, TX.
      2344 Fm 36 S, Caddo Mills, TX 75135
      View Details
    • $12 SF/Yr
      15,000 SF

      New Flex Space in Caddo

      New construction flex space available for lease in Caddo Mills.
      5329 Novak Street, Caddo Mills, TX 75135
      View Details
    • $4,500/Mo
      5,000 SF

      New Warehouse Suites For Lease

      New 5,000 SF warehouse suites in Caddo Mills, TX.
      3241 County Road 2500 #3, Caddo Mills, TX 75135
      View Details
    • $3,395/Mo
      3,333 SF

      New Warehouse-Office Flex Space

      Brand-new warehouse-office flex space for lease in prime location.
      3406-C W Interstate 30, Caddo Mills, TX 75135
      View Details
    • Contact for pricing
      15,000 SF

      New Flex Space Construction

      15,000 SF flex space for lease in Caddo Mills.
      5329 Novak St, Caddo Mills, TX
      View Details
    • Contact for pricing
      11,250 SF

      Caddo Mills Industrial Property

      Industrial property for rent outside city limits in Caddo Mills.
      3263 I-30 Frontage Rd, Caddo Mills, TX
      View Details

    FAQs

    What type of property is this?
    Flex space - Light industrial spaces with high exposure and turnkey convenience.
    Where is this flex space located?
    The property is located at 5250 Novak St Caddo Mills, TX.
    What are key features of this property?
    This property features: High visibility location with Interstate 30 frontage.; Turnkey convenience with professional building solutions.; Fiber internet and CAT6 wiring throughout.
    (972) 772-6025 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cody Rollins
    Cody Rollins
    Real Estate License ID: 0794595
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5250 Novak St, Caddo Mills, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!