Open-Layout Office
For Sale
Contact for pricing
3601 HIGHWAY 34 #102, Greenville, TX 75402
A commercial-only space provides an adaptable office layout with a breakroom and private bathroom.
Property Size1,000 SF
Price / SF$1.40
Days on Market10
Property Features for 3601 HIGHWAY 34 #102
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Office
Additional Details
Property Use
Office
Building Details
Year Built
2024
Listing Agency:
Exit Realty Pinnacle Group
(903) 356-4700
Listed By:
Larry Chreene · License #0594287
(214) 850-7411
Source:
Magnorumrealty
Added: Oct 26
Changed: Nov 3
Last Checked: Nov 4 at 8:29AM
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 Exit Realty Pinnacle Group
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Investment Insights
Based on property information with market context.
This 1,000-square-foot office unit, built in 2024, is designated for commercial use. Its open layout is complemented by a breakroom and one bathroom, providing a straightforward configuration for office operations.
Key Highlights
- 1,000 square feet of office space
- Open layout with one breakroom and one bathroom
- Built in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,682
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,640
$253.6K
Cap Rate 7%
$181,171
$181.2K
Cap Rate 9%
$140,911
$140.9K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$22.0K $21.96/SF
− Vacancy
−$5.1K −$5.05/SF
EGI
$16.9K $16.91/SF
− OpEx
−$4.2K −$4.23/SF
NOI
$12.7K $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%
$253,640
Cap Rate 7%
$181,171
Cap Rate 9%
$140,911
Alternative Uses
Best Use
Office B
$181.2K
$158.5K – $211.4K
NOI $12,682 @ 7.0% cap · market cap 905.86%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$993.7K
$869.5K – $1.16M
NOI $69,556 @ 7.0% cap · market cap 4,968.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A commercial-only space provides an adaptable office layout with a breakroom and private bathroom.
Where is this office unit located?
The property is located at 3601 HIGHWAY 34 #102 Greenville, TX.
What are key features of this property?
This property features: 1,000 square feet of office space; Open layout with one breakroom and one bathroom; Built in 2024
