Industrial Flex Space with
For Sale
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1073 Nine North Dr, Alpharetta, GA 30004
M1-restricted industrial property with warehouse capacity, customizable office area, and access to GA 400.
Property Size10,350 SF
Lot Size1.71 Acres
Price / SF$214.98
Days on Market8
Property Features for 1073 Nine North Dr
General Information
Standard status
Active
Size
10,350 SF
Class
B
Total Parking Spaces
12
Lot size
1.71 Acres
Property subtype
Industrial
Zoning
M1
Warehouse & Industrial
Office Build-Out
1,950 SF
Dock-High Doors
1
Drive-In Doors
1
Additional Details
Highway Access
Yes
Building Details
Year Built
2002
Buildings
1
Building Size
10,350 SF
Listing Agency:
The Norton Agency Gainesville
(706) 594-2456
Listed By:
CJ Harman · License #GA 418299
Source:
Crexi
Added: Jul 29
Changed: Aug 5
Last Checked: Aug 5 at 6:36AM
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 The Norton Agency Gainesville
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 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 | $247.1k | $23.87 |
| − Vacancy | −$62.3k | −$6.02 |
| EGI | $184.8k | $17.85 |
| − OpEx | −$46.2k | −$4.46 |
| NOI | $138.6k | $13.39 |
10,350 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.98M
$1.73M – $2.31M
NOI $138,598 @ 7.0% cap · market cap 6.23%
Second Best
Warehouse
$1.09M
$949.7K – $1.27M
NOI $75,978 @ 7.0% cap · market cap 3.41%
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.
Property 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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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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
