Office Unit with Private
For Sale
Contact for pricing
142 Prospect Place, Alpharetta, GA 30005
Functional professional suite with meeting, reception, break, restroom, and dedicated parking areas.
Property Size2,011 SF
Price / SF$1.28
Days on Market78
Property Features for 142 Prospect Place
General Information
Standard status
Active
Size
2,011 SF
Total Parking Spaces
2
Property subtype
Commercial
Amenities
4 Private Offices
Dedicated Conference Room
Private Breakroom
Welcoming Reception/Lobby
In-Suite Bathroom
1 acre, Business Park, Interior Lot, Level
Public Sewer
Parcel Number: 11 035001571978
Carpet
Central Air
Central
Listing ID: 10829251, Standard Status: Active, MLS Status: Active, On market as of 2026-08-19, 76 days on market
Parking Lot, Paved
Built in 2011, Construction Materials: Brick, Frame
County/Parish: Fulton
Updated/Remodeled
Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available, Water Source: Public
Fire Sprinkler System
Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Low Door Handles
Other equipment: Furniture
Building Details
Building Size
2,011 SF
Year Built
2011
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Marcella Johnson · License #353228
(678) 723-9719
Source:
Blackstreaminternational
Added: Aug 19
Changed: Nov 3
Last Checked: Nov 3 at 8:19AM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 1,176 SF office unit at 142 Prospect Place includes four private offices arranged around a practical professional workspace. The suite also provides a dedicated conference room, private breakroom, reception and lobby area, and an in-suite bathroom. The building was constructed in 2011.
Two dedicated parking spots are allocated to the suite, with direct access to an open parking lot offering additional spaces for visitors and clients. The Alpharetta address places the property within the stated commercial hub and provides a defined office setting for its next occupant.
Two dedicated parking spots are allocated to the suite, with direct access to an open parking lot offering additional spaces for visitors and clients. The Alpharetta address places the property within the stated commercial hub and provides a defined office setting for its next occupant.
Key Highlights
- 1,176 SF office unit at 142 Prospect Place, Alpharetta, GA 30005
- Four private offices for team members or executives
- Dedicated conference room for presentations and meetings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,748
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,960
$315.0K
Cap Rate 7%
$224,971
$225.0K
Cap Rate 9%
$174,978
$175.0K
Market Conditions
NOI Build-Up for 1,176 SF
Gross rent
$28.1K $23.87/SF
− Vacancy
−$7.1K −$6.02/SF
EGI
$21.0K $17.85/SF
− OpEx
−$5.2K −$4.46/SF
NOI
$15.7K $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%
$314,960
Cap Rate 7%
$224,971
Cap Rate 9%
$174,978
Alternative Uses
Best Use
Office B
$225.0K
$196.9K – $262.5K
NOI $15,748 @ 7.0% cap · market cap 1,049.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$328.7K
$287.7K – $383.5K
NOI $23,012 @ 7.0% cap · market cap 1,534.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
766
Businesses Nearby
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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 - Functional professional suite with meeting, reception, break, restroom, and dedicated parking areas.
Where is this office unit located?
The property is located at 142 Prospect Place Alpharetta, GA.
What are key features of this property?
This property features: 1,176 SF office unit at 142 Prospect Place, Alpharetta, GA 30005; Four private offices for team members or executives; Dedicated conference room for presentations and meetings
