Office Condo Under
For Sale
$399,000
2200 Traders Road, Greenville, TX 75402
SINGLE_FAMILY - Greenville, TX
Property Size1,250 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
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 2
Last Checked: Aug 4 at 8:06AM
MLS# 21066006
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 currently under construction at 2200 Traders Road in Greenville, Texas. Each unit is designed for professional use and includes a reception area, multiple offices, a break area, restroom(s), and a covered front entry. The project is planned with vinyl flooring, central heating and central air with electric components, and a composition roof, with stone veneer exterior material. Each condo is described as having approximately 1,250 under roof and includes five parking spaces per unit.
The development is on a 2-acre lot and is located about 0.5 miles from I-30, with easy access to SH Hwy 34, Roy Warren Parkway, and FM 1570. Construction has already begun, with slabs poured from Sept 19 through Sept 30. Units are described as available by January 2026. A 4996 SF whole-building option is also noted.
The building is described as a 20-unit development, with 18 units left to pick from at the time of the remarks.
The development is on a 2-acre lot and is located about 0.5 miles from I-30, with easy access to SH Hwy 34, Roy Warren Parkway, and FM 1570. Construction has already begun, with slabs poured from Sept 19 through Sept 30. Units are described as available by January 2026. A 4996 SF whole-building option is also noted.
The building is described as a 20-unit development, with 18 units left to pick from at the time of the remarks.
Key Highlights
- Office condo project under construction with reception, multiple offices, break area, and restrooms
- Approximately 1,250 under roof per unit and covered front entry
- Five 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 3.97%
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Newly built office condos with reception, multiple offices, break area, and covered entry, plus five parking spaces per unit.
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: Office condo project under construction with reception, multiple offices, break area, and restrooms; Approximately 1,250 under roof per unit and covered front entry; Five parking spaces per unit
