Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3542 Old Milton Pkwy Alpharetta, GA 30005

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Alpharetta location, great office space.

    Property Features for 3542 Old Milton Pkwy

    General Information

    Property type
    Office properties & Spaces
    Lot Size
    1,307 SF

    Building Details

    Year Built
    2000

    We can help!

    Listing Contact
    Enrique Alatrista

    Listing Agency: Keller Williams Chattahoochee Listing Agent: Enrique Alatrista

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional office condo, located at 3542 Old Milton Parkway in Alpharetta, Georgia, presents a fantastic opportunity for a small business seeking a convenient and well-appointed workspace. Situated on a 0.03-acre lot, this property offers a bright and open floor plan ideal for various office uses. The layout includes a welcoming reception area, multiple private offices, and a dedicated bathroom area. The unit's design is efficient and functional, making it perfect for a small team or solo practitioner. Its prime location provides easy access to GA-400, Downtown Alpharetta, and the Avalon Mall, ensuring excellent connectivity and visibility. Ample parking is available for employees and clients, adding to the convenience of this property. The space is ready for immediate occupancy and is easily shown. The asking lease price is $2000. This is a must-see property for any business seeking a well-located, functional, and attractive office space in Alpharetta. Don't miss this chance to secure your ideal workspace in a thriving business community. The square footage is not currently available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Klotz Kathleen MD Physician Sands Weight Loss ... Weight Loss Service Diamond House USA General Contractor Star Chain Inc Corporate Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton - GA
    State
    Georgia
    Longitude
    -84.25589
    Latitude
    34.06718

    Nearby Similar for Sale

    • $5,950,000
      21,000 SF

      Versatile Alpharetta Commercial Opportunity

      21,000 sq ft building on almost 3 acres.
      5000 Mcginnis Ferry Rd, Alpharetta, GA 30005
      View Details
    • $5,950,000
      21,000 SF

      Versatile Commercial Building Near Halcyon

      21,000 SF Alpharetta building suitable for office, retail, warehouse.
      5000 Mcginnis Ferry Rd, Alpharetta, GA 30005
      View Details
    • $599,900
      0.27 Acres

      Alpharetta Duplex: Investment Opportunity

      Well-maintained duplex in Alpharetta with tenants in place.
      1331 N Hampton Rd, Alpharetta, GA 30009
      View Details
    • $563,000
      1,815 SF

      Versatile Alpharetta Warehouse Condo

      Premium end-unit warehouse condo perfect for work and play.
      5725 Stables Way, Alpharetta, GA 30004
      View Details
    • $9,500,000
      46,500 SF

      Alpharetta Assisted Living Facility

      Turnkey assisted living facility in Alpharetta, Georgia for sale.
      5690 State Bridge Rd, Alpharetta, GA 30022
      View Details
    • $9,500,000
      44,716 SF

      Alpharetta Assisted Living Facility For Sale

      Turnkey assisted living facility in Alpharetta, GA, for sale.
      5690 State Bridge Rd, Alpharetta, GA 30022
      View Details
    • $679,900
      0.51 Acres

      Alpharetta Turnkey Investment Opportunity

      Profitable investment property in Alpharetta with stable tenant and immediate income.
      1250 Rosewood Dr, Alpharetta, GA 30005
      View Details
    • New
      $569,000
      0.30 Acres

      Alpharetta Multifamily Investment Opportunity

      Multifamily property with long-term tenants and private outdoor spaces.
      1081 Dassow Ct, Alpharetta, GA 30009
      View Details
    • $2,500,000
      7,275 SF

      Alpharetta Commercial Building For Sale

      Well-maintained commercial building in Alpharetta, suitable for medical or office use.
      8480 Holcomb Bridge Rd, Alpharetta, GA 30022
      View Details
    • $339,999
      Pending

      Townhome Near Avalon and Downtown

      Luxury townhome near Avalon and Downtown Alpharetta with investment potential.
      2914 Webb Bridge Rd, Alpharetta, GA 30009
      View Details
    • New
      $539,500
      0.75 Acres

      Updated Duplex in Alpharetta

      Updated duplex with large yard and storage units.
      1230 Hanover Pl, Alpharetta, GA 30009
      View Details
    • $339,999
      0.03 Acres

      Townhome Near Avalon and Downtown

      2BR/2.5BA townhome near Avalon and Downtown Alpharetta.
      2914 Webb Bridge Rd, Alpharetta, GA 30009
      View Details

    FAQs

    What type of property is this?
    Office property - Prime Alpharetta location, great office space.
    Where is this office property located?
    The property is located at 3542 Old Milton Pkwy Alpharetta, GA.
    What is the asking price?
    The asking price for this property is $2,000.
    (678) 578-2700
    Request Owner's contact information
    3542 Old Milton Pkwy Alpharetta, GA 30005
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3542 Old Milton Pkwy
    Alpharetta, GA 30005
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3542 Old Milton Pkwy Alpharetta, GA 30005
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Enrique Alatrista
    Real Estate License ID: 205430
    (678) 578-2700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!