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Corner-Lot Flex Space
New
For Sale
$6,000,000

5000 Mcginnis Ferry Road, Alpharetta, GA 30005

COMMERCIAL - Alpharetta, GA

Property Size21,000 SF
Lot Size2.66 Acres
Price / SF$285.71
Days on Market2

Property Features for 5000 Mcginnis Ferry Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning m1
Parking 50
Parking features Parking Lot
Security features Security Lighting
Interior features High Ceilings 10 or Greater, Reception Area, Recessed Lighting, Restrooms
Accessibility Accessible Approach with Ramp
Lot features Business Park, Corner Lot
View City
Directions Use Google maps
Standard status Active
APN 066 009
Size 21,000 SF
Lot size 2.66 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 11101

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1985
Floors in Building 1
Flooring type Hardwood, Tile - Ceramic, Vinyl, Carpet
Building materials Brick
Roof type Asphalt
Additional Structures Other
Listing Agency: Homesmart Realty Partners · HomeSmart International
Listed By: Anhad Chawla · License #443303
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 5 at 7:06AM
MLS# 7815716

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.

Investment Insights

Based on property information with market context.

This 21,000-square-foot flex property occupies a 2.66-acre corner parcel and features a brick exterior, reception area, restrooms, recessed lighting, and ceilings measuring 10 feet or greater. Interior finishes include vinyl, ceramic tile, hardwood, and carpet, while central heating and central air support the building. The existing configuration includes office, event-space, and fine-dining restaurant areas, with additional outdoor space available for activities or future enhancement. A parking lot and an accessible approach with ramp are also provided.

The property is positioned at the intersection of McGinnis Ferry Road and Old Alpharetta Road in Alpharetta’s Windward business community, approximately 5 minutes from Halcyon. It carries M1 zoning and is served by public water and public sewer. Cable service is available, and the building has an asphalt roof.

Key Highlights

  • 21,000 square feet on 2.66 acres
  • M1 zoning for industrial and commercial use
  • Corner location at McGinnis Ferry Road and Old Alpharetta Road

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 (±1% cap)
NOI $337,478 @ 7.0% cap · market cap 5.62%
Second Best
Office B
$4.02M
$3.52M – $4.69M (±1% cap)
NOI $281,212 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$5.87M
$5.14M – $6.85M (±1% cap)
NOI $410,921 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Holy Trinity Christian ... Church

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Skin Care Clinic Dental Office Law Firm Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Adaire Chef Services 6535 Shiloh Rd # 700, Alpharetta, GA 30005
  • Service Care of America Alpharetta, GA 30005

Frequently Asked Questions

What type of property is this?
Flex space - Configurable commercial building with reception, restrooms, high ceilings, and multiple interior finish types.
Where is this flex space located?
The property is located at 5000 Mcginnis Ferry Road Alpharetta, GA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 21,000 square feet on 2.66 acres; M1 zoning for industrial and commercial use; Corner location at McGinnis Ferry Road and Old Alpharetta Road
More about this property
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