New Office Condo
New
For Sale
$425,000
2200 Traders Road #401, Greenville, TX 75402
Planned professional office suites will combine reception, private offices, break space, restroom facilities, and covered entry areas.
Property Size1,250 SF
Price / SF$340
Days on Market3
Property Features for 2200 Traders Road #401
General Information
Standard status
Active
Size
1,250 SF
Total Parking Spaces
5
Property subtype
Commercial
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
HOA Fee
$300
Office Units
20
Building Details
Building Size
1,250 SF
Year Built
2025
Stories
1
Units
1
Listing Agency:
Mckinney Real Estate Services
(469) 688-8664
Listed By:
Toni Spray · License #0492686
(469) 688-8664
Source:
Cornerstonehomeandranch
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 2 at 6:10AM
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 planned office condominium project is designed for professional users, with each unit offering approximately 1,250 square feet under roof. The interior layout is expected to include a reception area, multiple offices, a break area, and a restroom, along with a covered entrance at the front. Each unit is planned with five parking spaces. Construction is underway, with slabs poured between September 19 and September 30, and completion is projected for January 2026.
The property is located at 2200 Traders Road in Greenville, approximately 0.5 miles from I-30. Access is also available to State Highway 34, Roy Warren Parkway, and FM 1570. The development includes 20 units, with 18 available for selection at the time of listing. A 4,996-square-foot whole-building option is also offered, and the project is adjacent to Gazebo Arbor green space.
The property is located at 2200 Traders Road in Greenville, approximately 0.5 miles from I-30. Access is also available to State Highway 34, Roy Warren Parkway, and FM 1570. The development includes 20 units, with 18 available for selection at the time of listing. A 4,996-square-foot whole-building option is also offered, and the project is adjacent to Gazebo Arbor green space.
Key Highlights
- Approximately 1,250 square feet under roof per office unit
- Five parking spaces planned for each unit
- Reception area, multiple offices, break area, and restroom in each unit
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 3.73%
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.
Property Analytics
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
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 - Planned professional office suites will combine reception, private offices, break space, restroom facilities, and covered entry areas.
Where is this office units located?
The property is located at 2200 Traders Road #401 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: Approximately 1,250 square feet under roof per office unit; Five parking spaces planned for each unit; Reception area, multiple offices, break area, and restroom in each unit
