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    Office Condo End Unit Title is generated by Realmo AI

    11675 Century Drive, Alpharetta, GA 30009

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    Claim this Listing
    New
    For Lease
    $2,395 /Mo

    COMMERCIAL - Alpharetta, GA

    Type:Office
    Lot size:
    0.03 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 4 at 8:06 pm

    Property Features for 11675 Century Drive

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    C2
    Security features
    Security Lighting
    Window features
    Double Pane Windows
    Interior features
    Recessed Lighting, Vaulted Ceiling(s)
    Fencing
    Perimeter
    Standard status
    Active
    Lot size
    0.03 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Electric (Heating), Central
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    2000
    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Brick
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Devadatta Gurude

    Listing agent Devadatta Gurude

    Listing office Keller Williams North Atlanta 925 N Point Pkwy Suite 200, Alpharetta, GA

    Listing date Jun 2, 2026

    MLS# 7782447

    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.

    HighLights

    • Bright end‑unit office condo with 4 private offices plus reception area
    • Includes server/storage room, break area, and a private restroom
    • Central heating and central air with electric cooling and forced air heating
    • Brick construction with an asphalt shingle roof; built in 2000
    • Recessed lighting and vaulted ceilings; carpet flooring
    • Office condo with perimeter fencing and cable available; flexible lease terms (3–6 years)

    Overview

    This end-unit office condo is designed for a professional office workflow and benefits from abundant natural light. The space includes four private offices, a reception area, a server/storage room, a break area, and a private restroom. It is situated within an established office community with ample parking.

    The property is located at 11675 Century Drive in Alpharetta, with exposure to Highway 9 and visibility to 25,000+ vehicles daily, according to the listing remarks. It is less than one mile from Windward Pkwy and minutes from Downtown Alpharetta, Avalon, and GA-400.

    Available for lease with flexible terms from 3 to 6 years, the suite can fit a range of service-oriented organizations, including professional, consulting, technology, legal, insurance, accounting, and healthcare-related businesses. With dedicated offices and a private restroom, it supports teams that need both client-facing space and back-office functions like server/storage and break space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Erin Nicolas Counselor Humana Health Insurance ... Insurance Agency Aetna Authorized Agent/Alpharetta ... Insurance Agency Michael Gordy - COUNTRY ... Insurance Agency CareSource Authorized Agent Insurance Agency

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.294366
    Latitude
    34.090732

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    FAQs

    What type of property is this?
    Office units - Bright end-unit office condo with four private offices, reception, break area, and private restroom in a quiet professional community.
    Where is this office units located?
    The property is located at 11675 Century Drive Alpharetta, GA.
    What is the lease rate?
    The lease rate is $2,395 /Mo.
    What are key features of this property?
    This property features: Bright end‑unit office condo with 4 private offices plus reception area; Includes server/storage room, break area, and a private restroom; Central heating and central air with electric cooling and forced air heating
    (770) 663-7291
    We can help!
    Listing Contact
    Devadatta Gurude
    Request Owner's contact information
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    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.

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