Versatile Alpharetta Commercial
5000 Mcginnis Ferry Road, Alpharetta, GA 30005
21,000 SF building on almost 3 acres near Halcyon.
Type:Commercial
Property size:
21,000 SFLot size:
3.00 AcresPrice / SF:
$283/SF- Added:
- Apr 1, 2026
- Days on Market:
- 61
- Last Refresh:
- Apr 1 at 8:05 pm
Property Features for 5000 Mcginnis Ferry Road
General Information
- Standard status
- Active
- Size
- 21,000 SF
- Lot size
- 3.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing agent Anhad Chawla License #443303
Listing office Homesmart Realty Partners (678) 999-6311
Listing date Apr 1, 2026
Source Corcoran
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 Homesmart Realty Partners
HighLights
- Prime Location: Situated on a corner lot at McGinnis Ferry and Old Alpharetta Rd, offering high visibility and accessibility.
- Close Proximity to Halcyon: Located just 5 minutes from Halcyon, a popular destination.
- Substantial Size: A large 21,000 sq ft building on almost 3 acres, providing ample space.
- Flexible Zoning: Zoned Industrial/Commercial, allowing for a wide range of potential uses (retail/office/warehouse).
- Redevelopment Potential: Expansive outdoor space offers opportunities for outdoor activities or further redevelopment.
- Desirable Business Community: Located in a desirable Windward business community with access to amenities.
Overview
Located 5 minutes from Halcyon, this 21,000 square foot building is situated on almost 3 acres at the corner of McGinnis Ferry and Old Alpharetta Road. Zoned industrial/commercial, the property is suitable for office, event space, or a fine dining restaurant. The property includes spacious interior areas, allowing for flexible use and potential customization. The expansive outdoor space provides opportunities for various outdoor activities or further redevelopment enhancement. The layout and structure emphasize both comfort and functionality, catering to a range of lifestyle needs. This property presents a distinctive and well-thought opportunity into retail, office, or warehouse use. It is situated in a desirable Windward business community with access to all amenities.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $483.8k | $23.04 |
| − Vacancy | −$33.9k | −$1.61 |
| EGI | $450.0k | $21.43 |
| − OpEx | −$112.5k | −$5.36 |
| NOI | $337.5k | $16.07 |
21,000 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$4.82M
$4.22M – $5.62M
NOI $337,478 @ 7.0% cap · market cap 5.67%
Second Best
Office B
$4.02M
$3.52M – $4.69M
NOI $281,212 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$5.87M
$5.14M – $6.85M
NOI $410,921 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Holy Trinity Christian ...
Church
Location Insight
- Map
- Local Demand
- City
- Alpharetta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.2123634
- Latitude
- 34.0990584
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 21,000 SF building on almost 3 acres near Halcyon.
Where is this mixed-use property located?
The property is located at 5000 Mcginnis Ferry Road Alpharetta, GA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Prime Location: Situated on a corner lot at McGinnis Ferry and Old Alpharetta Rd, offering high visibility and accessibility.; Close Proximity to Halcyon: Located just 5 minutes from Halcyon, a popular destination.; Substantial Size: A large 21,000 sq ft building on almost 3 acres, providing ample space.
