New Office Condo
1-2200 Traders Rd Greenville, TX 75402
1-2200 Traders Rd, Greenville, TX, 75402
$1,600,000
For Sale
$1,600,000
Newly built four-suite office building offers reception, multiple offices, break area, restrooms, and covered front entry.
Property Size4,996 SF
Price / SF$320.26
Days on Market232
Property Features for 1-2200 Traders Rd
General Information
- Standard status
- Active
- Size
- 4,996 SF
Listing agency
Mckinney Real Estate Services
(469) 688-8664
Listed by
Toni Spray · License #0492686
(469) 688-8664
Source
Exprealty
Added: Dec 2, 2025 Updated: Jul 21 at 4:10AM Checked: Jul 22 at 10:48AM
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 Mckinney Real Estate Services
Investment Insights
Based on property information with market context.
Newly built office condos are being constructed for professional office use and include a reception area, multiple offices, a break area, restroom, and a covered front entry. Each suite is planned with approximately 1,250 under-roof area, and this listing is for the whole building consisting of four suites totaling 4,996 square feet.
The property is located in Greenville, approximately 0.5 miles from I-30, with easy access to TH Hwy 34, Roy Warren Parkway, FM 1570, and other area routes. Construction has started, and the slabs were poured Sept 19–Sept 30, with units scheduled to be available by January 2026. Association dues are listed as $1,200 per month for the whole building.
The property is located in Greenville, approximately 0.5 miles from I-30, with easy access to TH Hwy 34, Roy Warren Parkway, FM 1570, and other area routes. Construction has started, and the slabs were poured Sept 19–Sept 30, with units scheduled to be available by January 2026. Association dues are listed as $1,200 per month for the whole building.
Key Highlights
- Newly built office condos with 4 suites in a single building totaling 4,996 sq ft
- Each suite planned with reception area, multiple offices, break area, restroom, and covered front entry
- Approximately 1,250 under‑roof for each unit
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.7k | $21.96 |
| − Vacancy | −$25.2k | −$5.05 |
| EGI | $84.5k | $16.91 |
| − OpEx | −$21.1k | −$4.23 |
| NOI | $63.4k | $12.68 |
4,996 SF · lease $21.96/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$905.1K
$792.0K – $1.06M
NOI $63,359 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$4.96M
$4.34M – $5.79M
NOI $347,503 @ 7.0% cap · market cap 21.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Newly built four-suite office building offers reception, multiple offices, break area, restrooms, and covered front entry.
Where is this office building located?
The property is located at 1-2200 Traders Rd Greenville, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Newly built office condos with 4 suites in a single building totaling 4,996 sq ft; Each suite planned with reception area, multiple offices, break area, restroom, and covered front entry; Approximately 1,250 under‑roof for each unit
