Newly Built Office
For Sale
$399,000
2200 Traders Road #502, Greenville, TX 75402
Each suite is planned with a reception area, multiple offices, a break area, and a restroom.
Property Size1,250 SF
Price / SF$319.20
Days on Market9
Property Features for 2200 Traders Road #502
General Information
Standard status
Active
Size
1,250 SF
Total Parking Spaces
5
Property subtype
Commercial
Zoning
Commercial
Additional Details
HOA Fee
$300
Highway Access
Yes
Office Units
20
Property Use
Office
Building Details
Building Size
1,250 SF
Year Built
2025
Stories
1
Units
1
Listing Agency:
Mckinney Real Estate Services
Listed By:
Toni Spray · License #0492686
(469) 688-8664
Source:
Cogburnrealestate
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 29 at 9:29PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium project comprises 20 units, each planned at approximately 1,250 square feet under roof. The unit layout includes a reception area, multiple offices, a break area, a restroom, and a covered entrance. Five parking spaces are provided per unit. Construction has begun, with slab work completed between September 19 and September 30; units are expected to be available by January 2026.
The property is in Greenville, 0.5 miles from I-30, with access to TX Hwy 34, Roy Warren Parkway, and FM 1570. Commercial zoning is stated for the property. The complete building, totaling 4,996 square feet, is also available as an option.
The property is in Greenville, 0.5 miles from I-30, with access to TX Hwy 34, Roy Warren Parkway, and FM 1570. Commercial zoning is stated for the property. The complete building, totaling 4,996 square feet, is also available as an option.
Key Highlights
- 20 office condominium units in the project; 18 units were available to choose from in the listing
- Approximately 1,250 square feet under roof per unit
- Five 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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20
Office units
Yes
Highway 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 - Each suite is planned with a reception area, multiple offices, a break area, and a restroom.
Where is this office unit located?
The property is located at 2200 Traders Road #502 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: 20 office condominium units in the project; 18 units were available to choose from in the listing; Approximately 1,250 square feet under roof per unit; Five parking spaces per unit
