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Move-In Ready Office Condo

11535 Park Woods Circle Alpharetta, GA 30005

11535 Park Woods Circle, Alpharetta, GA, 30005
$449,000
For Sale
Claim this Listing
$449,000

SINGLE_FAMILY - Alpharetta, GA

Property Size1,140 SF
Lot Size0.03 Acres
Price / SF$393.86
AddedApr 20
Days on Market87
Last RefreshJul 15 at 2:06 am

Property Features for 11535 Park Woods Circle

General Information

Property type
Residential
Property subtype
Office
Parking
99
Parking features
Parking Lot
Security features
Security
Window features
Aluminum Frames
Interior features
Reception Area, Restrooms
Standard status
Active
APN
11 025000870620
Size
1,140 SF
Lot size
0.03 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2197

Utilities

Utilities
Cable Available
Heating system
Central
Cooling system
Central Air

Building Details

Year built
2002
Floors in Building
1
Flooring type
Laminate, Tile - Ceramic
Building materials
Brick

Listing agent Muhammad Junaid License #375835

Listing office Virtual Properties Realty.com 2750 Premiere Parkway Suite 200, Duluth, GA

Listing date Apr 20, 2026

MLS# 7753476

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Move-in ready office condo offering five private offices plus a lobby and a break area, with room that could support a sixth office. The space is currently being used as a lab, and the owner is also willing to sell the lab operations and equipment separately in addition to the real estate.

The property is located at 11535 Park Woods Circle in Alpharetta, with access indicated from Exit 10 off Old Milton Parkway. It’s described as close to Avalon and the business district, and includes ample parking for client and staff use.

With an approximate size of 1,140 square feet, this is a straightforward, functional layout for an office user seeking a compact, ready-to-occupy space that can accommodate lab-style operations.

Key Highlights

  • Move‑in ready office condo built in 2002 with reception area and restrooms
  • Layout includes 5 offices plus a lobby, with potential for a 6th office
  • Break area included for day‑to‑day office use

Local 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 $27.2k $23.87
− Vacancy −$6.9k −$6.02
EGI $20.4k $17.85
− OpEx −$5.1k −$4.46
NOI $15.3k $13.39
1,140 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$218.1K
$190.8K – $254.4K (±1% cap)
NOI $15,266 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.7K
$278.8K – $371.8K (±1% cap)
NOI $22,307 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

myGenomics, LLC Laboratory Home Lenders of Georgia ... Loan Service Kimberlite Technologies (Bike/Boat/Book/etc) Store IDAMTA IT Consulting Firm BPC Financial & Benefits Financial Advisor

Suggested Use

Building Supply Big Box & Wholesale Store Real Estate Agency Auto Parts Store Auto Repair Shop Electrical Service Storage Facility Parking Lot & Garage Kitchen & Bath Showroom Garden Center

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

FAQs

What type of property is this?
Office units - Office condo with five offices, lobby and break area, currently used as a lab, with ample parking.
Where is this office units located?
The property is located at 11535 Park Woods Circle Alpharetta, GA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Move‑in ready office condo built in 2002 with reception area and restrooms; Layout includes 5 offices plus a lobby, with potential for a 6th office; Break area included for day‑to‑day office use
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More about this property
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