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Under-Construction Office Condos with Reception
For Sale
$425,000

2200 Traders Road, Greenville, TX 75402

SINGLE_FAMILY - Greenville, TX

Property Size1,250 SF
Lot Size2.00 Acres
Price / SF$340
Days on Market44

Property Features for 2200 Traders Road

General Information

Property type Residential
Property subtype Office
Property condition Under Construction
Zoning description Commercial
Security features Security
Directions USE GPS to find 2200 Traders Rd . located behind the Walmart
Standard status Active
APN 26920
Lot size 2.00 Acres

Utilities

Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 2025
Floors in Building 1
Number of units 1
Flooring type Vinyl
Building materials StoneVeneer
Roof type Composition
Listing Agency: Mckinney Real Estate Services
Listed By: Toni Spray · License #0492686
Added: Jun 23 Changed: Aug 2 Last Checked: Aug 5 at 1:06PM
MLS# 21065991

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Newly built office condos are under construction and designed for professional office use. Each unit is planned to include a reception area, multiple offices, a break area, restroom, and a covered front entry, with central electric heating and central electric cooling. The building is being finished with stone veneer exterior materials, vinyl flooring, and a composition roof.

The project sits on a 2-acre lot at 2200 Traders Road in Greenville, Texas, about 0.5 miles from I-30 and with easy access to TX-34, Roy Warren Parkway, FM 1570, and more. The construction team has poured the slabs from Sept 19 through Sept 30, and the units are scheduled to be available by January 2026. The whole building is also described as an option, with 20 units in the project.

Parking is planned at 5 spaces per unit, supporting a tenant-friendly layout for reception, offices, and day-to-day workflow within each suite.

Key Highlights

  • Planned office condos under construction with reception, multiple offices, break area, restroom, and covered front entry
  • 5 parking spaces per unit
  • 2‑acre lot with project located about 0.5 miles from I‑30

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 (±1% cap)
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 (±1% cap)
NOI $86,945 @ 7.0% cap · market cap 20.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - New office condos under construction near I-30 with reception, multiple offices, break area, and covered front entry.
Where is this office units located?
The property is located at 2200 Traders Road 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: Planned office condos under construction with reception, multiple offices, break area, restroom, and covered front entry; 5 parking spaces per unit; 2‑acre lot with project located about 0.5 miles from I‑30
More about this property
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