New Office Condo
For Sale
$425,000
2200 Traders Road, Greenville, TX 75402
CommercialSale, Greenville, TX
Property Size1,250 SF
Lot Size2.00 Acres
Price / SF$340
Days on Market104
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
Electric, Central Air
Water source
Public
Building Details
Year built
2025
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
Brick, StoneVeneer
Roof type
Composition
Listing Agency:
Mckinney Real Estate Services
Listed By:
Toni Spray
(469) 688-8664
Added: Jul 11
Changed: Oct 18
Last Checked: Oct 22 at 5:06PM
MLS# 21066014
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.
This office condominium project is under construction and is scheduled for unit availability by January 2026. Each unit is planned with a reception area, multiple offices, a break area, a restroom, and a covered front entry, with approximately 1,250 square feet under roof. Construction includes brick and stone veneer, vinyl flooring, central electric heating, central air, public water, and composition roofing. Each unit is allocated five parking spaces.
The property is located in Greenville, approximately 0.5 miles from I-30, with access to Texas Highway 34, Roy Warren Parkway, and FM 1570. The project includes 20 units, with 18 remaining for selection. A 4,996-square-foot whole-building option is also available.
The property is located in Greenville, approximately 0.5 miles from I-30, with access to Texas Highway 34, Roy Warren Parkway, and FM 1570. The project includes 20 units, with 18 remaining for selection. A 4,996-square-foot whole-building option is also available.
Key Highlights
- Office condominium project with 20 units; 18 units remain available
- Each unit includes approximately 1,250 square feet under roof
- Five parking spaces allocated per unit
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
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
345
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Under-construction professional office units with 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 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: Office condominium project with 20 units; 18 units remain available; Each unit includes approximately 1,250 square feet under roof; Five parking spaces allocated per unit
