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Office Condo Units Under Construction
For Sale
$399,000

2200 Traders Road, Greenville, TX 75402

CommercialSale, Greenville, TX

Property Size1,250 SF
Lot Size2.00 Acres
Price / SF$319.20
Days on Market122

Property Features for 2200 Traders Road

General Information

Property type Commercial Sale
Property subtype Office
Property condition Under Construction
Zoning description Commercial
Security features Security
Directions USE GPS to find 2200 Traders Rd . located behind the Walmart
Standard status Active
APN 26920
Lot size 2.00 Acres

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2025
Floors in Building 1
Number of units 1
Flooring type Vinyl
Building materials Brick, Cedar, StoneVeneer
Roof type Composition
Listing Agency: Mckinney Real Estate Services
Listed By: Toni Spray
Added: Jun 23 Changed: Oct 18 Last Checked: Oct 22 at 6:06PM
MLS# 21065972

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

These office units are under construction and designed with a reception area, multiple offices, a break area, a restroom, and a covered front entry. Each unit includes approximately 1250 under roof and five parking spaces. Brick, cedar, and stone veneer are planned among the exterior construction materials, with vinyl flooring, central electric heating, and central air conditioning.

The property is located in Greenville, 0.5 miles from I30, with access to TH Hwy 34, Roy Warren Parkway, FM1570, and other area routes. The project includes 20 units, with 18 remaining available, and units are scheduled to be available by January 2026. A 4996sq ft whole-building option is also offered.

Key Highlights

  • Office project includes 20 units, with 18 remaining available
  • Each unit includes approximately 1250 under roof
  • Five parking spaces provided per unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,852
Cap Rate
3.97%
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 (±1% cap)
NOI $15,852 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,945 @ 7.0% cap · market cap 21.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Office units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Professional suites include reception areas, multiple offices, break areas, restrooms, and covered front entries.
Where is this office unit located?
The property is located at 2200 Traders Road Greenville, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Office project includes 20 units, with 18 remaining available; Each unit includes approximately 1250 under roof; Five parking spaces provided per unit
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