Office Condominium
1002-6110 Atlanta Hwy Alpharetta, GA 30004
1002-6110 Atlanta Hwy, Alpharetta, GA, 30004
$600,000
For Sale
$600,000
Professional office suite within a business park, positioned for convenient access and flexible service-oriented use under M1 zoning.
Property Size1,656 SF
Price / SF$362.32
Days on Market16
Property Features for 1002-6110 Atlanta Hwy
General Information
- Standard status
- Active
- Size
- 1,656 SF
Listing agency
Crye-Leike, Realtors
(404) 951-7515
Listed by
Sandra Bhardwaj · License #434833
(404) 951-7515
Source
Exprealty
Added: Jul 8 Updated: Jul 22 at 2:38PM Checked: Jul 22 at 2:38PM
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 Crye-Leike, Realtors
Investment Insights
Based on property information with market context.
This prime office condominium suite is located within the McFarland Station Business Park and offers an approximately 1,656 SF professional office setting. The space is suited for a variety of office and service-oriented uses permitted under M1 zoning.
The property is situated along Atlanta Highway and is described as providing convenient access to GA-400, Alpharetta, Cumming, and surrounding North Fulton and Forsyth County markets. The listing notes ample nearby amenities and strong overall accessibility for businesses looking to establish or expand their presence.
The offering consists of a professionally oriented office suite within a business park environment, with use eligibility governed by M1 zoning.
The property is situated along Atlanta Highway and is described as providing convenient access to GA-400, Alpharetta, Cumming, and surrounding North Fulton and Forsyth County markets. The listing notes ample nearby amenities and strong overall accessibility for businesses looking to establish or expand their presence.
The offering consists of a professionally oriented office suite within a business park environment, with use eligibility governed by M1 zoning.
Key Highlights
- Approximately 1,656 SF professional office condominium suite in McFarland Station Business Park
- M1 zoning allows a variety of office and service‑oriented uses permitted under M1
- Office suite located along Atlanta Highway for convenient access to GA‑400 and North Fulton/Forsyth County markets
Local Financial Insights For Office B
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 | $39.5k | $23.87 |
| − Vacancy | −$10.0k | −$6.02 |
| EGI | $29.6k | $17.85 |
| − OpEx | −$7.4k | −$4.46 |
| NOI | $22.2k | $13.39 |
1,656 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$316.8K
$277.2K – $369.6K
NOI $22,176 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.9K
$405.1K – $540.1K
NOI $32,404 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Professional office suite within a business park, positioned for convenient access and flexible service-oriented use under M1 zoning.
Where is this office units located?
The property is located at 1002-6110 Atlanta Hwy Alpharetta, GA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 1,656 SF professional office condominium suite in McFarland Station Business Park; M1 zoning allows a variety of office and service‑oriented uses permitted under M1; Office suite located along Atlanta Highway for convenient access to GA‑400 and North Fulton/Forsyth County markets
