Office Unit with Private
For Sale
$379,000
11795 Northfall Lane, Alpharetta, GA 30009
Commercial Sale, Alpharetta, GA
Property Size1,210 SF
Lot Size0.03 Acres
Price / SF$313.22
Days on Market171
Property Features for 11795 Northfall Lane
General Information
Property type
Residential
Property subtype
Office
Zoning
C1
Parking
5
Parking features
Parking Lot
Window features
Insulated Windows, Window Treatments
Interior features
Reception Area, Restrooms
Lot features
Business Park, Cul-De-Sac
View
City
Directions
Use GPS and make sure you input suite 603
Standard status
Active
APN
12 246206480612
Size
1,210 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2052
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
2003
Floors in Building
1
Flooring type
Carpet, Laminate
Building materials
Brick 3 Sides
Roof type
Asphalt
Listing Agency:
ARB Realty, LLC.
(770) 667-0022
Listed By:
JAWAID NAEEM · License #250738
(770) 394-0100
Added: Mar 31
Changed: Sep 13
Last Checked: Sep 17 at 1:06AM
MLS# 7744530
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 1,210-square-foot office unit at 11795 Northfall Lane, Unit #603, provides a practical professional layout with four private offices, a conference room, dedicated meeting areas, and a reception space. Exterior windows bring natural light into the suite, while its top-floor position—with no unit above—supports added privacy and reduced overhead noise. The property includes reception and restroom areas, carpet and laminate flooring, central heating, central air, and ceiling fans.
The office is vacant and ready for occupancy in Alpharetta, Georgia. C1 zoning is in place, with public water and public sewer service. Built in 2003, the property has a brick exterior on three sides, an asphalt roof, cable availability, and access to a parking lot. The surrounding professional setting includes medical and legal practices, and the suite is positioned for client-facing business operations.
The office is vacant and ready for occupancy in Alpharetta, Georgia. C1 zoning is in place, with public water and public sewer service. Built in 2003, the property has a brick exterior on three sides, an asphalt roof, cable availability, and access to a parking lot. The surrounding professional setting includes medical and legal practices, and the suite is positioned for client-facing business operations.
Key Highlights
- 1,210‑square‑foot office suite with four private offices
- Conference room, dedicated meeting areas, and reception space
- No unit above, supporting greater privacy and reduced overhead noise
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,203
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$324,060
$324.1K
Cap Rate 7%
$231,471
$231.5K
Cap Rate 9%
$180,033
$180.0K
Market Conditions
NOI Build-Up for 1,210 SF
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.
Gross rent
$28.9K $23.87/SF
− Vacancy
−$7.3K −$6.02/SF
EGI
$21.6K $17.85/SF
− OpEx
−$5.4K −$4.46/SF
NOI
$16.2K $13.39/SF
Area
Fulton County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$324,060
Cap Rate 7%
$231,471
Cap Rate 9%
$180,033
Alternative Uses
Best Use
Office B
$231.5K
$202.5K – $270.1K
NOI $16,203 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.2K
$296.0K – $394.6K
NOI $23,677 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,561
Businesses Nearby
Explore this area
Business Placement
Demographics for 30009, GA
19,256
Population
9,168
Households
2.1
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
9.1 sq mi
ZIP Area
2,116
Density / Sq Mi
$135,819
Median Household Income
$75,211
Median Earnings
$2,030
Median Rent
$611,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Vacant professional suite with reception, meeting areas, abundant windows, and a dedicated conference room.
Where is this office units located?
The property is located at 11795 Northfall Lane Alpharetta, GA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 1,210‑square‑foot office suite with four private offices; Conference room, dedicated meeting areas, and reception space; No unit above, supporting greater privacy and reduced overhead noise
