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    Standalone Office-Retail Corner Suite Title is generated by Realmo AI

    5769 Williams St, Nevada, TX 75173

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    Fully renovated corner suite with dedicated parking, an open area, kitchenette, bath, and in-unit laundry.

    Type:Office, Retail
    Property size:
    464 SF
    Added:
    May 29, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 6 at 5:41 am

    Property Features for 5769 Williams St

    General Information

    Standard status
    Active
    Size
    464 SF
    Property subtype
    Office, Retail

    Spaces For Lease

    at 5769 Williams St Contact us

    We can help!

    Listing Contact
    Shane Hendrix
    Shane Hendrix

    Listing agent Shane Hendrix License #0776260

    Listing office M&D CRE

    Listing date May 29, 2026

    Source Crexi

    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 CRE

    HighLights

    • Fully renovated standalone office/retail suite in Nevada, TX with 1,464 SF and flexible open layout
    • Corner location on a dedicated triangular site at FM 1778 and Williams St & Third St with 286' total frontage
    • Dedicated client parking on‑site
    • Suite includes a kitchenette, bath, and in‑unit laundry/closet
    • Central heat and air throughout the suite
    • Passing traffic of 3.3K VPD noted near the property along the corridor

    Overview

    This fully renovated standalone office/retail lease opportunity at 5769 Williams St offers a compact, efficient layout designed for daily use. The space includes an open main area plus a kitchenette, bath, and an in-unit laundry/closet. Central heat and air service the suite, supporting year-round comfort for client-facing or back-office workflows.

    The property is positioned on a visible corner in Nevada, Texas, located on a dedicated triangular corner where FM 1778 meets Williams & Third St. The site provides dedicated client parking and features approximately 286 feet of total frontage, helping the building present clearly for passersby and appointment-based visits. The compact footprint and recognizable corner configuration are intended to make the site easy to locate.

    With its open plan and built-in amenities, the suite can work well for appointment-based professional services or a small operator that needs a client-ready space. It is also described as turnkey for service-oriented uses, including beauty or barber-related operations, and can serve as a professional address for field-service or satellite office functions. The combination of corner visibility and dedicated parking supports day-to-day client access without relying on a larger multi-tenant retail environment.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Dental Office Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Showroom Accounting Firm Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Collin
    State
    Texas
    Longitude
    -96.4144374
    Latitude
    33.0801784

    FAQs

    What type of property is this?
    Office units - Fully renovated corner suite with dedicated parking, an open area, kitchenette, bath, and in-unit laundry.
    Where is this office units located?
    The property is located at 5769 Williams St Nevada, TX.
    What are key features of this property?
    This property features: Fully renovated standalone office/retail suite in Nevada, TX with 1,464 SF and flexible open layout; Corner location on a dedicated triangular site at FM 1778 and Williams St & Third St with 286' total frontage; Dedicated client parking on‑site
    (469) 757-6132 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Shane Hendrix
    Shane Hendrix
    Real Estate License ID: 0776260
    Learn More
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    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.

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