Industrial Flex Space with
1073 Nine North Dr, Alpharetta, GA 30004
For Sale
Contact for pricing
Pending
M1-restricted industrial property with warehouse capacity, customizable office area, and access to GA 400.
Property Size10,350 SF
Lot Size1.71 Acres
Days on Market109
Property Features for 1073 Nine North Dr
General Information
Standard status
Size
Class
Total Parking Spaces
Lot size
Property subtype
Zoning
Warehouse & Industrial
Office Build-Out
Dock-High Doors
Drive-In Doors
Additional Details
Highway Access
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Norton Commercial
Listed By:
CJ Harman · License GA #418299
(706) 594-2456
Source:
Crexi
Added: Jul 29
Changed: Nov 12
Last Checked: Nov 12 at 4:27AM
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 Norton Commercial
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Investment Insights
Based on property information with market context.
This 10,350-square-foot flex property combines warehouse functionality with approximately 1,950 square feet allocated to office buildout. Clear heights range from 16 feet at the eaves to 28 feet at the center, while one dock-high door and one roll-up door support loading and receiving. Constructed in 2002, the building sits on approximately 1.71 acres and carries M1 restricted-industrial zoning.
The property is located at 1073 Nine North Drive in Alpharetta’s Nine North corridor, approximately 2 miles from GA 400 at Exit 12/McFarland Parkway. Downtown Alpharetta is approximately 8 miles away, Cumming is 11 miles away, and downtown Atlanta is 32 miles away. Potential warehouse, distribution, service, and light-industrial applications are subject to county approval.
The property is located at 1073 Nine North Drive in Alpharetta’s Nine North corridor, approximately 2 miles from GA 400 at Exit 12/McFarland Parkway. Downtown Alpharetta is approximately 8 miles away, Cumming is 11 miles away, and downtown Atlanta is 32 miles away. Potential warehouse, distribution, service, and light-industrial applications are subject to county approval.
Key Highlights
- 10,350‑square‑foot flex building on approximately 1.71 acres
- Warehouse clear heights from 16 feet at the eaves to 28 feet at the center
- One dock‑high door and one roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,978
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,519,560
$1.5M
Cap Rate 7%
$1,085,400
$1.1M
Cap Rate 9%
$844,200
$844.2K
Market Conditions
NOI Build-Up for 10,350 SF
Gross rent
$98.1K $9.48/SF
− Vacancy
−$8.7K −$0.84/SF
EGI
$89.4K $8.64/SF
− OpEx
−$13.4K −$1.30/SF
NOI
$76.0K $7.34/SF
Area
Fulton County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,519,560
Cap Rate 7%
$1,085,400
Cap Rate 9%
$844,200
Alternative Uses
Best Use
Warehouse
$1.09M
$949.7K – $1.27M
NOI $75,978 @ 7.0% cap · market cap 3.41%
Second Best
Flex RnD
$861.9K
$754.2K – $1.01M
NOI $60,333 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$2.89M
$2.53M – $3.38M
NOI $202,525 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Well-served
Demand for This Use
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
$583,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Fulton County, GA
Properties on Market for Flex space in Fulton County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - M1-restricted industrial property with warehouse capacity, customizable office area, and access to GA 400.
Where is this flex space located?
The property is located at 1073 Nine North Dr Alpharetta, GA.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: 10,350‑square‑foot flex building on approximately 1.71 acres; Warehouse clear heights from 16 feet at the eaves to 28 feet at the center; One dock‑high door and one roll‑up door
