New High-End Office
For Sale
$399,000
2200 Traders Road #101, Greenville, TX 75402
Newly built office condo perfect for professionals, ready now.
Property Size1,250 SF
Price / SF$319.20
Days on Market106
Property Features for 2200 Traders Road #101
General Information
Standard status
Active
Size
1,250 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:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Aug 4 at 2:30PM
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 newly built, high-end office condo is designed for professionals and features a reception area, multiple offices, a break area, a restroom, and a covered front entry. The property offers approximately 1250 square feet under roof. Located in Greenville, it is situated 0.5 miles from I-30, providing easy access to TH Hwy 34, Roy Warren Parkway, and FM1570. The property is suitable for various uses, including a dentist office, doctor's office, title company, or insurance agency. The association fee is $300 per month, with a $3600 capital assessment due at closing. The unit is complete and ready for occupancy.
Key Highlights
- Newly built, high‑end office condo (2025 construction)
- Ready for immediate occupancy and use
- Ideal for professionals: designed with reception area, multiple offices, break area, and restroom
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 | $27.5k | $21.96 |
| − Vacancy | −$6.3k | −$5.05 |
| EGI | $21.1k | $16.91 |
| − OpEx | −$5.3k | −$4.23 |
| NOI | $15.9k | $12.68 |
1,250 SF · lease $21.96/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$226.5K
$198.2K – $264.2K
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
NOI $86,945 @ 7.0% cap · market cap 21.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Newly built office condo perfect for professionals, ready now.
Where is this office units located?
The property is located at 2200 Traders Road #101 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: Newly built, high‑end office condo (2025 construction); Ready for immediate occupancy and use; Ideal for professionals: designed with reception area, multiple offices, break area, and restroom
