New Office Condos For
For Sale
$425,000
2200 Traders Road #104, Greenville, TX 75402
New office condos available in Greenville, TX, completion in 2026.
Property Size1,250 SF
Price / SF$340
Days on Market105
Property Features for 2200 Traders Road #104
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: Jul 10 at 1:18PM
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.
These newly built office condos, designed for professionals, will feature a reception area, multiple offices, a break area, a restroom, and a covered front entry. Each unit will offer approximately 1250 square feet under roof and include 5 parking spaces. Located in Greenville, the property is situated 0.5 miles from I-30, providing easy access to TH Hwy 34, Roy Warren Parkway, and FM1570. Construction has commenced with slabs poured between September 19th and September 30th. The units are expected to be available by January 2026. An end unit overlooking a detention pond is available. There are 20 units in total, with 18 remaining for selection. The whole building, comprising 4 suites and totaling 4996 square feet, is also available as an option, offering the potential to occupy one suite and lease out the others. Monthly association fees are $300, with a $3600 capital assessment due at closing.
Key Highlights
- Newly built office condo (completion January 2026) suitable for professionals.
- Excellent location in Greenville: .5 miles from I‑30 with easy access to multiple highways.
- End unit overlooking detention pond.
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
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 - New office condos available in Greenville, TX, completion in 2026.
Where is this office units located?
The property is located at 2200 Traders Road #104 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: Newly built office condo (completion January 2026) suitable for professionals.; Excellent location in Greenville: **.5 miles from I‑30 with easy access to multiple highways.**; End unit overlooking detention pond.
