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Property profile & analytics
OFF-MARKET
Industrial properties

5250 Novak St Caddo Mills, TX 75135

2,400 SF 2.06 ac lot Built 2023
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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