Corner Office Suite with Private
For Sale
Contact for pricing
180 Prospect Place, Alpharetta, GA 30005
Bright corner suite combines reception, conference, private offices, kitchenette, and restrooms.
Property Size2,003 SF
Price / SF$1.34
Days on Market97
Property Features for 180 Prospect Place
General Information
Standard status
Active
Size
2,003 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Office Units
1
Amenities
0.031 acres, Business Park, Corner Lot, Level
Public Sewer
Parcel Number: 11 035001572083
Carpet, Hardwood
Central Air, Electric
Central, Electric
Listing ID: 10816731, Standard Status: Active, MLS Status: Active, On market as of 2026-07-31, 95 days on market
5 total parking spaces, Parking Lot
Built in 2003, Construction Materials: Brick
County/Parish: Fulton
Fixer
Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Water Source: Public
Water Body Name: NONE
Fire Sprinkler System
Accessible Approach with Ramp
Building Details
Building Size
2,003 SF
Year Built
2003
Tenancy
Single
Listing Agency:
Point Honors & Associates, Realtors
(678) 869-5130
Listed By:
Tim Hur · License #299688
(404) 512-2322
Source:
Blackstreaminternational
Added: Jul 31
Changed: Nov 3
Last Checked: Nov 3 at 6:48AM
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 Point Honors & Associates, Realtors
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Investment Insights
Based on property information with market context.
Located at 180 Prospect Place, this 1,344-square-foot office suite occupies a corner position within a professional office park. The layout includes a reception area, an oversized conference room, three private offices, a kitchenette, and two private restrooms. Multiple exposures provide abundant natural light, while the suite’s maintained condition supports immediate business occupancy.
The property is in Alpharetta near Avalon, with access to GA-400, North Point Parkway, Old Milton Parkway, and downtown Alpharetta. Restaurants, retail, banking, and other daily services surround the office park, and on-site parking serves employees and visitors. Built in 2003, the suite accommodates a range of professional and service-oriented office users, including attorneys, accountants, insurance agencies, financial advisors, therapists, consultants, and real estate firms.
The property is in Alpharetta near Avalon, with access to GA-400, North Point Parkway, Old Milton Parkway, and downtown Alpharetta. Restaurants, retail, banking, and other daily services surround the office park, and on-site parking serves employees and visitors. Built in 2003, the suite accommodates a range of professional and service-oriented office users, including attorneys, accountants, insurance agencies, financial advisors, therapists, consultants, and real estate firms.
Key Highlights
- 1,344‑square‑foot corner office suite at 180 Prospect Place
- Three private offices plus an oversized conference room
- Reception area, kitchenette, and two private restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,998
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,960
$360.0K
Cap Rate 7%
$257,114
$257.1K
Cap Rate 9%
$199,978
$200.0K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$32.1K $23.87/SF
− Vacancy
−$8.1K −$6.02/SF
EGI
$24.0K $17.85/SF
− OpEx
−$6.0K −$4.46/SF
NOI
$18.0K $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%
$359,960
Cap Rate 7%
$257,114
Cap Rate 9%
$199,978
Alternative Uses
Best Use
Office B
$257.1K
$225.0K – $300.0K
NOI $17,998 @ 7.0% cap · market cap 999.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.7K
$328.7K – $438.3K
NOI $26,299 @ 7.0% cap · market cap 1,461.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Highway access
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 - Bright corner suite combines reception, conference, private offices, kitchenette, and restrooms.
Where is this office unit located?
The property is located at 180 Prospect Place Alpharetta, GA.
What are key features of this property?
This property features: 1,344‑square‑foot corner office suite at 180 Prospect Place; Three private offices plus an oversized conference room; Reception area, kitchenette, and two private restrooms
