New Office Condo
2200 Traders Road #1 Greenville, TX 75402
2200 Traders Road #1, Greenville, TX, 75402
$1,600,000
For Sale
$1,600,000
Newly built four-suite office condo building with covered front entry and planned interiors featuring reception, offices, and break area.
Property Size4,996 SF
Price / SF$320.26
Days on Market10
Property Features for 2200 Traders Road #1
General Information
- Standard status
- Active
- Size
- 4,996 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing Agency
Mckinney Real Estate Services
(469) 688-8664
Listed by
Toni Spray · License #0492686
(469) 688-8664
Source
Vickiesteam
Added: Jul 9 Checked: Jul 10 at 2:15 pm
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.
This listing is for a whole building consisting of four office condo suites, totaling 4,996 square feet. Each suite is planned with a reception area, multiple offices, a break area, and a restroom, along with a covered front entry and approximately 1,250 square feet under roof for each unit. Construction has already begun, with slab work poured from Sept. 19 to Sept. 30, and units are scheduled to be available by January 2026.
The property is located in Greenville, about 0.5 miles from I-30, with easy access to TX Hwy 34, Roy Warren Parkway, FM 1570, and other area routes. Association dues are listed at $1,200 per month for the whole building.
The property is located in Greenville, about 0.5 miles from I-30, with easy access to TX Hwy 34, Roy Warren Parkway, FM 1570, and other area routes. Association dues are listed at $1,200 per month for the whole building.
Key Highlights
- Newly built 4‑suite office condo building (Year built 2025) totaling 4,996 sq ft
- Planned covered front entry with approximately 1,250 sq ft under roof per unit
- Each suite includes reception area, multiple offices, break area, and restroom
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
Property Profile
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 condo building with covered front entry and planned interiors featuring reception, offices, and break area.
Where is this office building located?
The property is located at 2200 Traders Road #1 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 4‑suite office condo building (Year built 2025) totaling 4,996 sq ft; Planned covered front entry with approximately 1,250 sq ft under roof per unit; Each suite includes reception area, multiple offices, break area, and restroom
