Office Condo Units Under
For Sale
$425,000
2200 Traders Road #401 401, Greenville, TX 75402
Planned professional office suites will include private work areas, reception space, break areas, restrooms, and covered entries.
Property Size1,250 SF
Price / SF$340
Days on Market93
Property Features for 2200 Traders Road #401 401
General Information
Standard status
Active
Size
1,250 SF
Total Parking Spaces
5
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
HOA Fee
$300
Office Units
20
Amenities
Gazebo Arbor green space
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Mckinney Real Estate Services
(469) 688-8664
Listed By:
Toni Spray · License #0492686
Source:
Dallashighrisecondo
Added: Jul 23
Changed: Oct 13
Last Checked: Oct 20 at 7:53PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium project is under construction and planned as a 20-unit professional office property. Each unit is designed with a reception area, multiple offices, a break area, a restroom, and a covered front entrance, with approximately 1250 under roof and 5 parking spaces per unit. The project is scheduled for availability by January 2026. A 4996sq ft whole-building option is also identified.
The property is located at 2200 Traders Road in Greenville, approximately .5 miles from I30. Access is available to TH Hwy 34, Roy Warren Parkway, FM1570, and additional area routes. The building is next to Gazebo Arbor green space. Eighteen units remain available from the original 20-unit plan.
The property is located at 2200 Traders Road in Greenville, approximately .5 miles from I30. Access is available to TH Hwy 34, Roy Warren Parkway, FM1570, and additional area routes. The building is next to Gazebo Arbor green space. Eighteen units remain available from the original 20-unit plan.
Key Highlights
- 20‑unit office condominium project with 18 units remaining
- Each unit includes approximately 1250 under roof and 5 parking spaces
- Reception area, multiple offices, break area, restroom, and covered front entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,852
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,040
$317.0K
Cap Rate 7%
$226,457
$226.5K
Cap Rate 9%
$176,133
$176.1K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$27.5K $21.96/SF
− Vacancy
−$6.3K −$5.05/SF
EGI
$21.1K $16.91/SF
− OpEx
−$5.3K −$4.23/SF
NOI
$15.9K $12.68/SF
Area
Hunt County, TX
Vacancy
23.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,040
Cap Rate 7%
$226,457
Cap Rate 9%
$176,133
Alternative Uses
Best Use
Office B
$226.5K
$198.2K – $264.2K
NOI $15,852 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$1.24M
$1.09M – $1.45M
NOI $86,945 @ 7.0% cap · market cap 20.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Explore this area
Business Placement
Demographics for 75402, TX
18,983
Population
8,024
Households
2.4
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
90.8 sq mi
ZIP Area
209
Density / Sq Mi
$77,602
Median Household Income
$46,076
Median Earnings
$1,414
Median Rent
$252,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Planned professional office suites will include private work areas, reception space, break areas, restrooms, and covered entries.
Where is this office unit located?
The property is located at 2200 Traders Road #401 401 Greenville, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 20‑unit office condominium project with 18 units remaining; Each unit includes approximately 1250 under roof and 5 parking spaces; Reception area, multiple offices, break area, restroom, and covered front entry
