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

    1115 Ridgeland Pkwy Suite 101 Alpharetta, GA 30004

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $11 SF/Yr

    Versatile commercial space with offices, warehouse, and dock doors.

    Type:Industrial
    Added:
    Mar 5, 2026
    Days on Market:
    30
    Last Refresh:
    Apr 1 at 8:23 pm

    Property Features for 1115 Ridgeland Pkwy Suite 101

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Spaces For Lease

    at 1115 Ridgeland Pkwy Suite 101 Contact us

    We can help!

    Listing Contact
    Clyde Purmort

    Listing agent Clyde Purmort

    Listing office

    Listing date Mar 5, 2026

    Source Corfac

    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 Clyde Purmort

    Overview

    Office and Warehouse Space Available

    This commercial space features a combination of office and warehouse functionalities. The office area includes 9 private offices, a breakroom, and a conference room. The warehouse component is equipped with four 9'x10' dock doors and one 12'x14' drive-in door, facilitating convenient loading and unloading operations. The warehouse area offers a 24' clear ceiling height. The property is supplied with 480/277 Volts, 200 Amps, 3 Phase power. The sublease for this space expires on September 30, 2029.
    Location Intelligence

    Current Use by Public Records

    Gexpro Building Supply International Media Products Corporate Office Lennox Stores (PartsPlus) Hardware & Home Improvement Samureye Industrial Manufacturer SCP Distributors LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • T&D Machine Handling, Inc. — 3590 Trotter Dr, Alpharetta, GA 30004
    • McFarland Parkway Storage — 795 McFarland Pkwy, Alpharetta, GA 30004
    • e3Alpharetta — 1010 Branch Dr, Alpharetta, GA 30004

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.2253
    Latitude
    34.1197

    Nearby Similar for Lease

    • Contact for pricing

      Turnkey Office Condominium in Alpharetta

      Turnkey office condominium in Alpharetta/Johns Creek business corridor.
      5460 Mcginnis Village Place unit: 104, Alpharetta, GA 30005
      View Details
    • Contact for pricing

      Alpharetta Flex Industrial Warehouse Space

      6,000 SF flex space in McFarland Industrial Park.
      8181 Industrial Place, Alpharetta, GA 30004
      View Details
    • Contact for pricing

      Alpharetta Office Space For Rent

      Turnkey office suite in prime Alpharetta location near GA-400.
      12700 Century Drive unit: B&C, Alpharetta, GA 30009
      View Details
    • Contact for pricing

      New Construction Warehouse Condo

      New construction warehouse condo with included utilities in Alpharetta, GA.
      3770 Francis Circle, Alpharetta, GA 30004
      View Details
    • Contact for pricing

      Office Space in Alpharetta, GA

      Professional office space for lease in Alpharetta, Georgia.
      11795 Northfall Lane unit: 603, Alpharetta, GA 30009
      View Details
    • Contact for pricing

      Prime Alpharetta Office Space

      Office space near downtown Alpharetta, ready for customization.
      1105 Upper Hembree Road unit: A, Alpharetta, GA 30076
      View Details
    • $23/mo

      Alpharetta Office/Medical Space for Lease

      Office/Medical building with covered parking and greenway access.
      3005 Royal Blvd. South, Alpharetta, GA 30022
      View Details
    • $13/mo

      Office/Warehouse Space in Business Park

      Office and warehouse spaces available in Alpharetta business park.
      4040 Nine McFarland Drive, Alpharetta, GA 30004
      View Details
    • Contact for pricing

      Spaces The Avalon Center

      8000 Avalon Blvd, Alpharetta, GA 30009
      View Details
    • Sponsored
      Contact for pricing

      2300 Lakeview

      2300 Lakeview Pkwy, Unit 700, Alpharetta, GA 30009
      View Details
    • Contact for pricing

      North Point

      555 Point Ctr, Unit 4TH, Alpharetta, GA 30022
      View Details
    • Contact for pricing

      Northwinds

      2475 Northwinds Pkwy, Unit 200, Alpharetta, GA 30009
      View Details

    FAQs

    What type of property is this?
    Warehouse - Versatile commercial space with offices, warehouse, and dock doors.
    Where is this warehouse located?
    The property is located at 1115 Ridgeland Pkwy Suite 101 Alpharetta, GA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 24' clear ceiling height provides ample vertical space.; Features (4) 9'x10' dock doors and (1) 12'x14' drive‑in door.; Sublease expires 9/30/2029.
    (941) 323-0763
    We can help!
    Listing Contact
    Clyde Purmort
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!