Commercial Real Estate Market in Alpharetta, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
213 active listings and 3,229 off-market properties in Alpharetta, GA. Commercial property asks $313/SF to buy and $20.50/SF/Yr to lease.
Market Trends
Alpharetta, GA spans 106.5 square miles in Fulton County, Georgia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Alpharetta, GA has a median asking sale price of $251/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Alpharetta, GA has a median asking sale price of $537/SF (based on 3 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Alpharetta, GA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Alpharetta, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Mixed use 39.9%
- Residential 30.5%
- Civic 16.4%
- Commercial 4.7%
- Agricultural 4.6%
- Industrial 4%
- Open space 0%
Largest Zones share of zoned land by district
A planned mixed use district which allows the combination of dwelling, For Sale, and dwelling, For Rent,residentialuses, neighborhood shopping use, or office and institutional use in accordance with a specific concept plan
Market overview
Demographics & Economy
Alpharetta, GA has 193,838 residents in 73,862 households. Density runs 1,820 people per square mile. Median household income here is $153,170 and median gross rent $1,920 a month.
Tools
Lease vs Buy Breakeven
At $20.50/SF/Yr lease vs $313/SF buy → buying wins if held > 3.9 years.
At a 6.5% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Roswell | $224 | $18.81 |
| Woodstock | $262 | $32.50 |
| Cumming | $238 | $17.82 |
| Peachtree Corners | $213 | $19.00 |
Commercial property in Alpharetta, GA asks $313/SF. The 4 bordering markets run from $213/SF in Peachtree Corners to $262/SF in Woodstock, and the city sits above their $231/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Alpharetta?
How much does it cost to lease commercial space in Alpharetta?
Is it cheaper to lease or buy commercial space in Alpharetta?
How does Alpharetta compare to nearby markets on price?
Where does Realmo's Alpharetta market data come from?
Methodology & data sources
- Asking prices and medians
- There are 70 active for-sale and 143 active for-lease listings in Alpharetta, GA. The medians are based on 31 of the for-sale and 29 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 17,141 zoned acres across 28 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
