New Office Condo
For Sale
$399,000
2200 Traders Rd Unit 303, Greenville, TX 75402
New units feature reception areas, multiple offices, break areas, restrooms, and covered front entries.
Property Size4,996 SF
Price / SF$319.20
Days on Market63
Property Features for 2200 Traders Rd Unit 303
General Information
Standard status
Active
Size
4,996 SF
Total Parking Spaces
5
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
HOA Fee
$300
Office Units
20
Building Details
Year Built
2025
Buildings
1
Building Size
4,996 SF
Listing Agency:
Mckinney Real Estate Services
Listed By:
Toni Spray · License #0492686
(469) 688-8664
Source:
Heritance
Added: Aug 19
Changed: Oct 17
Last Checked: Oct 7 at 3:46PM
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.
This office condominium project includes units of approximately 1,250 square feet under roof. Each layout is planned with a reception area, multiple offices, a break area, a restroom, and a covered front entry. Five parking spaces are allocated per unit.
Construction is underway, with slabs poured between September 19 and September 30. The project comprises 20 units, with 18 still available to select, and completion is scheduled for January 2026.
The property is located in Greenville, 0.5 miles from I-30, with access to Texas Highway 34, Roy Warren Parkway, and FM 1570.
Construction is underway, with slabs poured between September 19 and September 30. The project comprises 20 units, with 18 still available to select, and completion is scheduled for January 2026.
The property is located in Greenville, 0.5 miles from I-30, with access to Texas Highway 34, Roy Warren Parkway, and FM 1570.
Key Highlights
- Approximately 1,250 square feet 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
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Current Use
Lease Details
20
Office units
Yes
Highway access
Yes
Paved road 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 - New units feature reception areas, multiple offices, break areas, restrooms, and covered front entries.
Where is this office unit located?
The property is located at 2200 Traders Rd Unit 303 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 1,250 square feet under roof per office unit; Reception area, multiple offices, break area, restroom, and covered front entry; 5 parking spaces per unit
