Four-Office Professional
For Sale
Contact for pricing
11795 Northfall Lane, Alpharetta, GA 30009
Vacant C1-zoned office suite with a conference room, reception area, and natural light from abundant exterior windows.
Property Size1,210 SF
Price / SF$326.45
Days on Market123
Property Features for 11795 Northfall Lane
General Information
Standard status
Active
Size
1,210 SF
Property subtype
Office, Business for Sale
Investment Type
Owner/User
Listing Agency:
ARB Realty, LLC.
(770) 667-0022
Listed By:
jawaid Naeem · License #250738
Source:
Crexi
Added: May 1
Changed: Aug 29
Last Checked: Aug 29 at 9:13PM
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 ARB Realty, LLC.
Investment Insights
Based on property information with market context.
This 1,210-square-foot office unit at 11795 Northfall Lane, Unit #603, includes four private offices, a dedicated conference room, and a reception area. Exterior windows provide substantial natural light, while the absence of a unit above contributes to a more private setting. The suite has been upgraded and is vacant for immediate occupancy.
C1 (Neighborhood Commercial) zoning supports a variety of office uses. The property is surrounded by established medical and legal offices, offering an established professional-office setting. Association services include water, trash, and exterior maintenance.
C1 (Neighborhood Commercial) zoning supports a variety of office uses. The property is surrounded by established medical and legal offices, offering an established professional-office setting. Association services include water, trash, and exterior maintenance.
Key Highlights
- 1,210‑square‑foot office unit at 11795 Northfall Lane, Unit #603
- Four private offices plus a dedicated conference room and reception area
- C1 (Neighborhood Commercial) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,203
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$324,060
$324.1K
Cap Rate 7%
$231,471
$231.5K
Cap Rate 9%
$180,033
$180.0K
Market Conditions
NOI Build-Up for 1,210 SF
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.
Gross rent
$28.9K $23.87/SF
− Vacancy
−$7.3K −$6.02/SF
EGI
$21.6K $17.85/SF
− OpEx
−$5.4K −$4.46/SF
NOI
$16.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$324,060
Cap Rate 7%
$231,471
Cap Rate 9%
$180,033
Alternative Uses
Best Use
Office B
$231.5K
$202.5K – $270.1K
NOI $16,203 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.2K
$296.0K – $394.6K
NOI $23,677 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,561
Businesses Nearby
Explore this area
Business Placement
Demographics for 30009, GA
19,256
Population
9,168
Households
2.1
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
9.1 sq mi
ZIP Area
2,116
Density / Sq Mi
$135,819
Median Household Income
$75,211
Median Earnings
$2,030
Median Rent
$611,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Vacant C1-zoned office suite with a conference room, reception area, and natural light from abundant exterior windows.
Where is this office units located?
The property is located at 11795 Northfall Lane Alpharetta, GA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1,210‑square‑foot office unit at 11795 Northfall Lane, Unit #603; Four private offices plus a dedicated conference room and reception area; C1 (Neighborhood Commercial) zoning
