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Property profile

5250 Novak St Caddo Mills, TX 75135

OFF-MARKET
Industrial properties
2,400 SF 2.06 ac lot Built 2023
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Property summary

AI-generated overview

This exceptional Class A industrial flex space, located at 5250 Novak St, Caddo Mills, TX 75135, offers 2,400 square feet of newly constructed space in the Mitchell Business Park. Situated on a 2.06-acre lot (89,734 sq ft) with prime Interstate 30 frontage, this property boasts unparalleled visibility and advertising potential. The building features a 15-20 foot ceiling height, one loading dock, one dock-high door, and one drive-in door. The interior includes 880 square feet of modern office space with luxury vinyl plank flooring, a kitchenette, private restrooms, and a dedicated server closet equipped with fiber internet and CAT6 wiring. The warehouse area is insulated with 1-inch closed-cell foam and benefits from a rear delivery lane with overhead door access. Additional amenities include central air and heating, Wi-Fi connectivity, a security system, and pre-wiring for video camera monitoring. The property is zoned for Light Industrial use and is part of the Northeast Dallas submarket in Hunt County. This single-story building, constructed in 2023, presents a rare opportunity to lease a modern, well-appointed space in excellent condition. The entire 2,400 square foot building is currently available for lease.

Property profile

Verified
Property type Industrial properties
Year built 2023
Total area 2,400 SF
Lot 2.06 ac (89,734 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5250 Novak St Caddo Mills, TX 75135
Caddo Mills metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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