Office Condo With Reception
For Sale
$449,000
11535 Park Woods Circle, Alpharetta, GA 30005
SINGLE_FAMILY - Alpharetta, GA
Property Size1,140 SF
Lot Size0.03 Acres
Price / SF$393.86
Days on Market108
Property Features for 11535 Park Woods Circle
General Information
Property type
Residential
Property subtype
Office
Parking
99
Parking features
Parking Lot
Security features
Security
Window features
Aluminum Frames
Interior features
Reception Area, Restrooms
Lot features
Business Park, Level
Directions
**** USE GPS **** 400N to (R) on Exit 10 - Old Milton Pkwy. 2.0 miles to (L) on Park Bridge. (R) on Park Woods Circle. FIRST SUITE "E" ON RIGHT - WELCOME TO GREAT DEAL TO CLOSE
Standard status
Active
APN
11 025000870620
Size
1,140 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2197
Utilities
Utilities
Cable Available
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2002
Floors in Building
1
Flooring type
Laminate, Tile - Ceramic
Building materials
Brick
Listing Agency:
Virtual Properties Realty.com
(770) 495-5050
Listed By:
Muhammad Junaid · License #375835
(404) 259-9211
Added: Apr 20
Changed: Aug 4
Last Checked: Aug 5 at 10:06AM
MLS# 7753476
Copyright © 2026 First Multiple Listing Service, 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 1,140-square-foot office condo offers five private offices, a reception area that can function as an additional office, a break area, and restrooms. Brick construction, laminate and ceramic tile flooring, central heating, and central air conditioning are in place. Built in 2002, the unit is currently configured for laboratory use and includes cable availability.
The property is positioned near Exit 10 at Old Milton Parkway, close to Avalon and within a business district. Parking is provided in a dedicated lot. The laboratory business and equipment may be purchased separately or together with the real estate, subject to the terms established by the owner.
The property is positioned near Exit 10 at Old Milton Parkway, close to Avalon and within a business district. Parking is provided in a dedicated lot. The laboratory business and equipment may be purchased separately or together with the real estate, subject to the terms established by the owner.
Key Highlights
- 1,140 SF office condo with five offices, reception area, break space, and restrooms
- Reception area can be converted into a sixth office
- Currently configured for laboratory use; business and equipment available separately or with the property
Financial Insights For Healthcare Medical
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 | $30.8k | $27.00 |
| − Vacancy | −$3.2k | −$2.84 |
| EGI | $27.5k | $24.17 |
| − OpEx | −$11.0k | −$9.67 |
| NOI | $16.5k | $14.50 |
1,140 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$236.1K
$206.6K – $275.5K
NOI $16,529 @ 7.0% cap · market cap 3.68%
Second Best
Office B
$218.1K
$190.8K – $254.4K
NOI $15,266 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$318.7K
$278.8K – $371.8K
NOI $22,307 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
Business Placement
Demographics for 30005, GA
39,308
Population
14,879
Households
2.6
Avg Household Size
38
Median Age
76%
College-Educated
99%
High-School Grad
15.8 sq mi
ZIP Area
2,488
Density / Sq Mi
$170,951
Median Household Income
$82,686
Median Earnings
$1,929
Median Rent
$587,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Five offices, reception space, break area, and lot parking support immediate occupancy.
Where is this office units located?
The property is located at 11535 Park Woods Circle Alpharetta, GA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1,140 SF office condo with five offices, reception area, break space, and restrooms; Reception area can be converted into a sixth office; Currently configured for laboratory use; business and equipment available separately or with the property
