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Flex Office-Warehouse with Fenced Yard
For Sale
$1,650,000

4626 County Road 2200, Greenville, TX 75402

CommercialSale, Greenville, TX

Property Size6,250 SF
Lot Size1.50 Acres
Price / SF$264
Days on Market97

Property Features for 4626 County Road 2200

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Driveway, Parking Lot
Security features Security
Subdivision Cash Bus Park Ph 1
Lot features Acreage
Directions I 30 East to Greenville exit right on Wesley - Highway 34 South to CR 2200 make right property on left,
Standard status Active
APN 222563
Lot size 1.50 Acres

Utilities

Utilities Propane
Sewer type Private Sewer, Septic Tank
Heating system Propane (Heating)
Cooling system Zoned, ENERGY STAR Qualified Equipment, Central Air

Amenities

safe room
washer and dryer
shop sink
electric gate

Building Details

Year built 2016
Floors in Building 1
Number of units 1
Flooring type Paintedstained, Concrete
Building materials MetalSiding, Rock, Stone
Roof type Metal
Listing Agency: Keller Williams Rockwall · Keller Williams Realty
Listed By: Cindy Miller · License #0481033
Added: Jul 2 Changed: Sep 12 Last Checked: Oct 6 at 8:06PM
MLS# 21091633

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.

This 2016 flex property includes approximately 2,200 SF of open office area and a loft suitable for additional office or storage use. The building totals 6,250 SF, with an insulated 4,000 SF warehouse featuring 18-foot ceilings, two LiftMaster roll-up doors, one additional roll-up door, and three side-entry doors. Interior improvements include stained concrete floors, wood-and-metal finishes, two restrooms, a shower, half bath, safe room, shop sink, washer and dryer, and zoned cooling with two mini-splits.

The property occupies 1.5 acres outside city limits and is secured by iron fencing and an electric gate. A six-inch concrete surface provides parking for equipment, trailers, and fleet vehicles. The site is in the Hwy 34 and FM 1903 area near Greenville, with access to I-30. Utilities include propane, septic service, and private sewer.

Key Highlights

  • 6,250 SF flex building on 1.5 acres, built in 2016
  • Approximately 2,200 SF of open office space plus loft area
  • Insulated 4,000 SF warehouse with 18' ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,262
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,585,240 $1.6M
Cap Rate 7%
$1,132,314 $1.1M
Cap Rate 9%
$880,689 $880.7K
Market Conditions
NOI Build-Up for 6,250 SF
Gross rent
$137.3K $21.96/SF
− Vacancy
−$31.6K −$5.05/SF
EGI
$105.7K $16.91/SF
− OpEx
−$26.4K −$4.23/SF
NOI
$79.3K $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%
$1,585,240
Cap Rate 7%
$1,132,314
Cap Rate 9%
$880,689

Alternative Uses

Best Use
Industrial
$6.21M
$5.43M – $7.25M (±1% cap)
NOI $434,727 @ 7.0% cap · market cap 26.35%
Second Best
Office B
$1.13M
$990.8K – $1.32M (±1% cap)
NOI $79,262 @ 7.0% cap · market cap 4.80%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Barber Shop Home Appliance 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

18 ft
Clear height
3
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Flex space - Gated flex property combines finished office space with an insulated warehouse and equipment parking.
Where is this flex space located?
The property is located at 4626 County Road 2200 Greenville, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 6,250 SF flex building on 1.5 acres, built in 2016; Approximately 2,200 SF of open office space plus loft area; Insulated 4,000 SF warehouse with 18' ceilings
More about this property
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