New Office Condo
For Sale
$425,000
2200 Traders Rd Unit 404, Greenville, TX 75402
Planned professional office unit with a reception area, multiple offices, break area, restroom, and covered front entry.
Property Size1,250 SF
Price / SF$340
Days on Market57
Property Features for 2200 Traders Rd Unit 404
General Information
Standard status
Active
Size
1,250 SF
Total Parking Spaces
5
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
HOA Fee
$300
Office Units
1
Building Details
Year Built
2025
Abandoned
No
Listing Agency:
Mckinney Real Estate Services
Listed By:
Toni Spray · License #0492686
(469) 688-8664
Source:
Heritance
Added: Sep 7
Changed: Oct 25
Last Checked: Oct 7 at 1:08PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This planned office condo unit is designed for professional users and includes a reception area, multiple private offices, a break area, restroom, and covered front entry. The unit will provide approximately 1250 under roof and five parking spaces. Construction is underway, with slabs poured from September 19 through September 30, and availability is projected for January 2026.
The property is located in Greenville, 0.5 miles from I30, with access to TH Hwy 34, Roy Warren Parkway, FM1570, and additional area routes. The project includes 20 units, with 18 currently available. A 4996-square-foot whole-building option is also offered.
The property is located in Greenville, 0.5 miles from I30, with access to TH Hwy 34, Roy Warren Parkway, FM1570, and additional area routes. The project includes 20 units, with 18 currently available. A 4996-square-foot whole-building option is also offered.
Key Highlights
- Approximately 1250 under roof
- Five parking spaces per unit
- Reception area, multiple offices, break area, and restroom
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
Current Use
Lease Details
1
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
Frequently Asked Questions
What type of property is this?
Office unit - Planned professional office unit with a reception area, multiple offices, break area, restroom, and covered front entry.
Where is this office unit located?
The property is located at 2200 Traders Rd Unit 404 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 1250 under roof; Five parking spaces per unit; Reception area, multiple offices, break area, and restroom
