New Office Condo with
2200 Traders Road #204 Greenville, TX 75402
New
For Sale
$425,000
Newly built office condo includes a reception area, multiple offices, break area, and covered front entry.
Property Size1,250 SF
Price / SF$340
Days on Market4
Property Features for 2200 Traders Road #204
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:
Cornerstonehomeandranch
Added: Jul 22
Changed: Jul 24
Last Checked: Jul 24 at 4:48AM
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 newly built office condo is being constructed for professional office use and is designed around a reception area, multiple offices, a break area, and a restroom. Each unit also includes a covered front entry, with approximately 1,250 square feet under roof.
The property is located in Greenville, about 0.5 miles from I-30, with easy access to SH Hwy 34, Roy Warren Parkway, FM 1570, and other area routes.
Construction is underway following poured slabs between Sept 19 and Sept 30. Units are planned to be available by January 2026, and each unit includes 5 parking spaces.
The property is located in Greenville, about 0.5 miles from I-30, with easy access to SH Hwy 34, Roy Warren Parkway, FM 1570, and other area routes.
Construction is underway following poured slabs between Sept 19 and Sept 30. Units are planned to be available by January 2026, and each unit includes 5 parking spaces.
Key Highlights
- Newly built 2025 office condos under construction with covered front entry, reception area, multiple offices, break area, and restroom
- Whole building option totaling 4,996 SF, with 20 units planned and 18 left to pick from
- 5 parking spaces per 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Newly built office condo includes a reception area, multiple offices, break area, and covered front entry.
Where is this office units located?
The property is located at 2200 Traders Road #204 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 2025 office condos under construction with covered front entry, reception area, multiple offices, break area, and restroom; Whole building option totaling 4,996 SF, with 20 units planned and 18 left to pick from; 5 parking spaces per unit
