Twenty-Unit Office
For Sale
$399,000
2200 Traders Road, Greenville, TX 75402
SINGLE_FAMILY - Greenville, TX
Property Size4,996 SF
Lot Size2.00 Acres
Price / SF$319.20
Days on Market43
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
Brick, Cedar, StoneVeneer
Roof type
Composition
Listing Agency:
Mckinney Real Estate Services
(469) 688-8664
Listed By:
Toni Spray · License #0492686
(469) 688-8664
Added: Jun 23
Changed: Aug 1
Last Checked: Aug 4 at 8:06AM
MLS# 21065990
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.
Under-construction twenty-unit office condominium building in Greenville, Texas, currently framed with brick, cedar, and stone veneer exterior materials. Each unit is planned with a reception area, multiple offices, a break area, and restrooms, along with a covered front entry. The project includes central heating and electric/cooling with vinyl flooring, and a composition roof. Construction is underway with slab work poured Sept 19–Sept 30, and units are projected to be available by January 2026.
The property sits on a two-acre lot and is being built as a whole building or as individual units. The description references five parking spaces per unit. The site is located about 0.5 miles from I-30 and provides easy access to TX Hwy 34, Roy Warren Parkway, and FM1570.
The whole building is described as approximately 4,996 SF. Reserve now while unit selections remain available.
The property sits on a two-acre lot and is being built as a whole building or as individual units. The description references five parking spaces per unit. The site is located about 0.5 miles from I-30 and provides easy access to TX Hwy 34, Roy Warren Parkway, and FM1570.
The whole building is described as approximately 4,996 SF. Reserve now while unit selections remain available.
Key Highlights
- Two‑acre lot for office condo development
- Under construction; slabs poured Sept 19–Sept 30
- Planned covered front entry with reception, multiple offices, break area, and restrooms
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 3.97%
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.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Under-construction office condos with a covered entry, multiple office spaces, and five parking spaces per unit on a two-acre site.
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 $399,000.
What are key features of this property?
This property features: Two‑acre lot for office condo development; Under construction; slabs poured Sept 19–Sept 30; Planned covered front entry with reception, multiple offices, break area, and restrooms
