Four-Suite Office Condo
2200 Traders Road Greenville, TX 75402
2200 Traders Road, Greenville, TX, 75402
$1,600,000
For Sale
$1,600,000
SINGLE_FAMILY - Greenville, TX
Property Size4,996 SF
Lot Size2.00 Acres
Price / SF$320.26
Days on Market143
Property Features for 2200 Traders Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Property condition
- Under Construction
- Security features
- Security
- Standard status
- Active
- APN
- 26920
- Lot size
- 2.00 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Vinyl, Tile
- Building materials
- StoneVeneer
- Roof type
- Metal, Composition
Listing Agency
Mckinney Real Estate Services
(469) 688-8664
Mckinney, TX
Listed by
Toni Spray · License #0492686
(469) 688-8664
Added: Feb 25 Checked: Jul 18 at 8:06 am
MLS# 21123488
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.
Investment Insights
Based on property information with market context.
This for-sale office condo building is being newly constructed as four individual suites. Each unit is planned with a reception area, multiple offices, a break area, restroom, and a covered front entry. The listing is for the whole building, totaling approximately 4,996 square feet, with approximately 1,250 square feet under roof per unit.
Construction has started, with slab work poured Sept. 19–Sept. 30. The planned availability date is January 2026. The property is located in Greenville and is about 0.5 miles from I-30, with easy access to SH-34, Roy Warren Parkway, FM-1570, and additional routes.
Association dues are listed at $1,200 per month for the whole building.
Construction has started, with slab work poured Sept. 19–Sept. 30. The planned availability date is January 2026. The property is located in Greenville and is about 0.5 miles from I-30, with easy access to SH-34, Roy Warren Parkway, FM-1570, and additional routes.
Association dues are listed at $1,200 per month for the whole building.
Key Highlights
- New construction office condo building with 4 suites and a total of 4,996 SF
- About 1,250 SF under roof per unit, with reception, multiple offices, break area, restroom, and covered front entry
- Construction materials include stone veneer; roofing includes composition and metal
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
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FAQs
What type of property is this?
Office building - Newly built office condos offer reception, multiple offices, break area, restrooms, and covered front entry across four suites.
Where is this office building located?
The property is located at 2200 Traders Road 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: New construction office condo building with 4 suites and a total of 4,996 SF; About 1,250 SF under roof per unit, with reception, multiple offices, break area, restroom, and covered front entry; Construction materials include stone veneer; roofing includes composition and metal
