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Open-Layout Office Unit
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3601 HIGHWAY 34 #106, Greenville, TX 75402

Commercial office unit with flexible interior arrangement and dedicated rooms for business operations.

Property Size1,000 SF
Price / SF$1.00
Days on Market48

Property Features for 3601 HIGHWAY 34 #106

General Information

Standard status Active
Size 1,000 SF
Property subtype Office

Building Details

Year Built 2025
Listing Agency: Exit Realty Pinnacle Group
Listed By: Larry Chreene · License #0594287
Source: Lonestarluxuryrealty
Added: Sep 5 Changed: Oct 13 Last Checked: Oct 20 at 9:36PM

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office unit provides 1,000 square feet of commercial workspace in a primarily open configuration. The layout also includes three separate rooms and one bathroom, creating a practical balance between shared workspace and enclosed areas. Built in 2025, the property is designated for commercial use and is identified as Unit 106 at 3601 Highway 34 in Greenville, Texas.

Key Highlights

  • 1,000 square feet of office space
  • Open interior layout with three separate rooms
  • One bathroom included

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 (±1% cap)
NOI $12,682 @ 7.0% cap · market cap 1,268.20%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$993.7K
$869.5K – $1.16M (±1% cap)
NOI $69,556 @ 7.0% cap · market cap 6,955.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Plumbing Service Pharmacy Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Law Firm

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

Location Intelligence

Trade Area within ½ mile

121
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

Frequently Asked Questions

What type of property is this?
Office unit - Commercial office unit with flexible interior arrangement and dedicated rooms for business operations.
Where is this office unit located?
The property is located at 3601 HIGHWAY 34 #106 Greenville, TX.
What are key features of this property?
This property features: 1,000 square feet of office space; Open interior layout with three separate rooms; One bathroom included
More about this property
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