Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5480 Mcginnis Village Pl Alpharetta, GA 30005
    Back to Search
    Property profile & analytics

    5480 Mcginnis Village Pl, Alpharetta, GA 30005

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nelda Yee / Marriage Or Relationship Counselor / Counselor
    • Lauren Sanders / Counselor / Practitioner Service Location
    • Jagruti Chaudhari, PMHNP / Physician
    • Brittany Ward, Counselor / Counselor / Marriage Or Relationship Counselor
    • Alicia Oberhand / Counselor / Practitioner Service Location

    Property Details for 5480 Mcginnis Village Pl

    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This beautifully remodeled 1,218 square foot end unit office space at 5480 McGinnis Village Place, Unit 104, presents a unique opportunity for a variety of businesses. The property is a single-tenant space within a building containing only one suite, offering privacy and convenience. Situated on a 0.038-acre lot, the zoning is designated O & I. While the listing does not specify the number of parking spaces directly associated with the unit, ample parking is available, complemented by a serene outdoor area ideal for breaks and client meetings. The interior boasts an open and bright layout, featuring newly installed flooring, bathroom fixtures, and kitchen fixtures. The space is versatile, with the potential to separate the upper and lower levels to create distinct areas. This meticulously updated office suite provides a sophisticated and welcoming environment for clients and employees alike. The APN is 090 290. This property is classified as both Retail and Office, specifically as a Medical Office and Executive Office.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.1975
    Latitude
    34.0916

    Comparable in this City

    • Value Estimation by Request

      3400c Old Milton Pkwy

      Medical Office Space
      3400c Old Milton Pkwy, Alpharetta, GA 30005
      View Details
    • Value Estimation by Request

      5450 Mcginnis Village Pl

      Medical Office Space
      5450 Mcginnis Village Pl, Alpharetta, GA 30005
      View Details
    • Value Estimation by Request
      86,100 SF

      3235 Point Pkwy

      Office Units
      3235 Point Pkwy, Alpharetta, GA 30005
      View Details
    • Value Estimation by Request
      13,460 SF

      6505 Shiloh Rd

      Medical Office Space
      6505 Shiloh Rd, Alpharetta, GA 30005
      View Details
    • Value Estimation by Request
      1.27 Acres

      12410 Morris Road Ext

      Medical Office Space
      12410 Morris Road Ext, Alpharetta, GA 30005
      View Details
    • Value Estimation by Request
      28,701 SF

      4180-4190 Old Milton Pkwy

      Medical Office Space
      4180-4190 Old Milton Pkwy, Alpharetta, GA 30005
      View Details

    Similar Nearby for Sale

    • $3,000,000
      13,460 SF

      Alpharetta Class A Office Building

      Prime Alpharetta location, 13,460 SF, vacant.
      6505 Shiloh Rd, Alpharetta, GA 30005
      View Details
    • $525,000
      2,400 SF

      Alpharetta Office Condo For Sale

      2,400 SF office condo with income potential.
      100 Prospect Pl, Alpharetta, GA 30005
      View Details
    • $475,000

      Profitable Office Condo in Alpharetta

      Move-in ready office condo in a fantastic Alpharetta location.
      11535 Park Woods Cir, Alpharetta, GA 30005
      View Details
    • $3,495,000
      9,078 SF

      Alpharetta Retail Center - Lease Option

      High-traffic corner location, 9,078 sqft, 1.53 acres
      3655 Old Milton Pkwy, Alpharetta, GA 30005
      View Details
    • New
      $5,900,000
      21,000 SF

      Mixed-Use Commercial Building

      A corner-lot building blending office, event space, and restaurant use with expansive outdoor area for flexible redevelopment options.
      5000 Mcginnis Ferry Rd, Alpharetta, GA 30005
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Alpharetta Healthcare Property for Rent

      Healthcare property available for rent in Alpharetta, Georgia.
      3333 Old Milton Pkwy, Alpharetta, GA 30005
      View Details
    • $1,500 /Mo
      2,400 SF

      Move-in Ready Commercial Space

      Versatile space ideal for office, medical, or creative use.
      100 Prospect Pl, Alpharetta, GA 30005
      View Details
    • Contact for pricing
      85,998 SF

      Medical Office Space Available

      Multi-tenant medical office building with excellent access.
      3330 Preston Ridge Rd, Alpharetta, GA 30005
      View Details
    • Contact for pricing
      3,043 SF

      Class A Office Building Space

      Five-story Class A office building with efficient floor plates.
      1000 Windward Concourse Pkwy, Alpharetta, GA 30005
      View Details
    • Contact for pricing

      Windward Business Center Lease Opportunity

      21,000 sq ft building on 2.66 acres for lease.
      5000 Mcginnis Ferry Rd, Alpharetta, GA 30005
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5480 Mcginnis Village Pl
    Alpharetta, GA 30005
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5480 Mcginnis Village Pl, Alpharetta, GA, 30005
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!