New Office Condo
For Sale
$399,000
2200 Traders Rd Unit 202, Greenville, TX 75402
Professional suites are planned with reception, multiple offices, a break area, restroom, and covered entry.
Property Size4,996 SF
Price / SF$319.20
Days on Market88
Property Features for 2200 Traders Rd Unit 202
General Information
Standard status
Active
Size
4,996 SF
Total Parking Spaces
5
Additional Details
HOA Fee
$300
Highway Access
Yes
Office Units
1
Building Details
Year Built
2025
Building Size
4,996 SF
Listing Agency:
Mckinney Real Estate Services
Listed By:
Toni Spray · License #0492686
(469) 688-8664
Source:
Minteerteam
Added: Jul 27
Changed: Oct 17
Last Checked: Oct 7 at 2:35PM
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
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Investment Insights
Based on property information with market context.
These office condominium units are under construction for professional users, with each suite planned to include a reception area, multiple offices, a break area, restroom, and covered front entry. Each unit is approximately 1250 square feet under roof and includes 5 parking spaces. Construction has progressed through slab work, with pours completed from Sept 19-Sept 30th, and delivery is expected by January 2026.
The project is located at 2200 Traders Rd Unit 202 in Greenville, .5 miles from I30. The site also provides access to TH Hwy 34, Roy Warren Parkway, and FM1570. The development includes 20 Units, with 18 left to pick from. The 4996sq ft whole building is also an option.
The project is located at 2200 Traders Rd Unit 202 in Greenville, .5 miles from I30. The site also provides access to TH Hwy 34, Roy Warren Parkway, and FM1570. The development includes 20 Units, with 18 left to pick from. The 4996sq ft whole building is also an option.
Key Highlights
- Approximately 1250 under roof per office unit
- Reception area, multiple offices, break area, restroom, and covered front entry
- 5 Parking spaces 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
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.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professional suites are planned with reception, multiple offices, a break area, restroom, and covered entry.
Where is this office unit located?
The property is located at 2200 Traders Rd Unit 202 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: Approximately 1250 under roof per office unit; Reception area, multiple offices, break area, restroom, and covered front entry; 5 Parking spaces per unit
