Office Condo with Reception
For Sale
$425,000
11535 Park Woods Circle, Alpharetta, GA 30005
Commercial Sale, Alpharetta, GA
Property Size1,140 SF
Lot Size0.03 Acres
Price / SF$372.81
Days on Market48
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
Lot features
Business Park, Level
Directions
**** USE GPS **** 400N to (R) on Exit 10 - Old Milton Pkwy. 2.0 miles to (L) on Park Bridge. (R) on Park Woods Circle. FIRST SUITE "E" ON RIGHT - WELCOME TO GREAT DEAL TO CLOSE
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 Agency:
Virtual Properties Realty.com
(770) 495-5050
Listed By:
Muhammad Junaid
(404) 259-9211
Added: Sep 5
Changed: Oct 16
Last Checked: Oct 22 at 9:06PM
MLS# 7833562
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.
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Investment Insights
Based on property information with market context.
This 1,140-square-foot office condo, built in 2002, provides five offices, a lobby that can be converted into a sixth office, a break area, and restrooms. The interior includes laminate and ceramic tile flooring, while central heating and central air serve the space. Brick construction and cable availability are also documented. The property is currently used as a lab, and the lab equipment and business may be purchased separately or together with the real estate.
Located at 11535 Park Woods Circle in Alpharetta, the office is near Exit 10 at Old Milton Parkway, Avalon, and the business district. Parking is provided through a dedicated parking lot, and the property is available for possession.
Located at 11535 Park Woods Circle in Alpharetta, the office is near Exit 10 at Old Milton Parkway, Avalon, and the business district. Parking is provided through a dedicated parking lot, and the property is available for possession.
Key Highlights
- 1,140 SF office condo built in 2002
- Five offices plus a lobby that can serve as a sixth office
- Break area and restrooms included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,266
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,320
$305.3K
Cap Rate 7%
$218,086
$218.1K
Cap Rate 9%
$169,622
$169.6K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$27.2K $23.87/SF
− Vacancy
−$6.9K −$6.02/SF
EGI
$20.4K $17.85/SF
− OpEx
−$5.1K −$4.46/SF
NOI
$15.3K $13.39/SF
Area
Fulton County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,320
Cap Rate 7%
$218,086
Cap Rate 9%
$169,622
Alternative Uses
Best Use
Office B
$218.1K
$190.8K – $254.4K
NOI $15,266 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.7K
$278.8K – $371.8K
NOI $22,307 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
Business Placement
Demographics for 30005, GA
39,308
Population
14,879
Households
2.6
Avg Household Size
38
Median Age
76%
College-Educated
99%
High-School Grad
15.8 sq mi
ZIP Area
2,488
Density / Sq Mi
$170,951
Median Household Income
$82,686
Median Earnings
$1,929
Median Rent
$587,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Configured with private offices, reception space, a break area, restrooms, and parking-lot access.
Where is this office unit located?
The property is located at 11535 Park Woods Circle Alpharetta, GA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,140 SF office condo built in 2002; Five offices plus a lobby that can serve as a sixth office; Break area and restrooms included
