Office Condominium
For Sale
Contact for pricing
1002-6110 Atlanta Hwy, Alpharetta, GA 30004
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$1.60
Days on Market94
Property Features for 1002-6110 Atlanta Hwy
General Information
Standard status
Active
Size
1,656 SF
Zoning
M1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,630
Listing Agency:
Crye-Leike, Realtors
(678) 845-1200
Listed By:
Sandra Bhardwaj · License #434833
(404) 951-7515
Source:
Exprealty
Added: Jul 21
Changed: Oct 3
Last Checked: Oct 20 at 8:45PM
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
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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 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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,176
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,520
$443.5K
Cap Rate 7%
$316,800
$316.8K
Cap Rate 9%
$246,400
$246.4K
Market Conditions
NOI Build-Up for 1,656 SF
Gross rent
$39.5K $23.87/SF
− Vacancy
−$10.0K −$6.02/SF
EGI
$29.6K $17.85/SF
− OpEx
−$7.4K −$4.46/SF
NOI
$22.2K $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 Rate 5%
$443,520
Cap Rate 7%
$316,800
Cap Rate 9%
$246,400
Alternative Uses
Best Use
Office B
$316.8K
$277.2K – $369.6K
NOI $22,176 @ 7.0% cap · market cap 836.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.9K
$405.1K – $540.1K
NOI $32,404 @ 7.0% cap · market cap 1,222.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 30004, GA
68,607
Population
25,485
Households
2.7
Avg Household Size
37
Median Age
72%
College-Educated
95%
High-School Grad
57.9 sq mi
ZIP Area
1,185
Density / Sq Mi
$147,996
Median Household Income
$82,818
Median Earnings
$1,839
Median Rent
$583,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professional office suite within a business park, positioned for convenient access and flexible service-oriented use under M1 zoning.
Where is this office unit located?
The property is located at 1002-6110 Atlanta Hwy Alpharetta, GA.
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
