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    1137 Alpharetta St Roswell, GA 30075
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    1137 Alpharetta St Roswell, GA 30075

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    • Retail space
    For Lease
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    Downtown Roswell Retail/Office Space For Lease
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    1,185 SF

    Downtown Roswell Retail/Office Space

    Move-in ready retail and office spaces in walkable downtown Roswell.

    1137 Alpharetta St, Roswell, GA 30075
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    Property ID
    US22-0801435
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Alchemy Tan / Tanning Salon
    • Here to Help Urgent Care / Medical Clinic
    • About You Family Medicine / Pediatrician / Physician

    Property Details for 1137 Alpharetta St

    Year built
    1985
    Property type
    Retail space
    Property subtype
    Office Units

    Description

    High visibility Retail Space & a SHORT TERM LEASE i n affluent, walkable Downtown Roswell. Beside Pure Taqueria, across from Lucky's, steps to the new Southern Post ($126M Mixed Use Dev.) and 2+ blocks to charming, historic Canton Street with shopping galore and 35 restaurants. Ste B - 3 private light-filled offices, reception, display area, kitchenette & restroom. 824/sf- $2,200/month Rent includes utilities. Freshly painted, luxury vinyl plank flooring- Move-in ready. Rear entrance beside Dr.’s office. Perfect for therapists, counselors, estheticians, med-spa, massage therapists, tanning, brazilian wax, personal services, offices, financial services, attorney, etc. Ste C - 4 private light-filled offices, large reception/waiting area & restroom. 1,185/sf- $2,600/month includes utilities. Freshly painted, new carpet- Great office with Retail exposure. Move-in ready. Suites B & C can be leased together too Climate-controlled Storage space in Basement is available too. Free parking at your door. Walk or bike to everything in quaint, Live/Work/Play Roswell. 28,000+ Cars Per Day 3,361 Housing units within 1 mile $176,305- Avg. Household Income within 1 mile 94,000+ Roswell Residents 98,440 - Daytime Population within 3 miles

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3552542
    Latitude
    34.029635

    Comparable in this City

    • Contact for pricing

      Flex Warehouse on Canton Street

      Flex warehouse with reception offices and warehouse space available for rent.
      1233 Canton St, Roswell, GA 30075
      View Details
    • Contact for pricing

      Mixed-Use Development in Downtown Roswell

      Mixed-use development with retail, loft, and residential spaces.
      Alpharetta St & Frasier St, Roswell, GA 30075
      View Details
    • Contact for pricing

      Roswell Retail or Office Space

      Storefront retail or office space available for rent.
      425 Market Pl, Roswell, GA 30075
      View Details
    • Contact for pricing

      Roswell Flex Space For Lease

      Flex space available near the heart of Old Roswell.
      1237 Strickland Rd, Roswell, GA 30075
      View Details
    • Contact for pricing

      Freestanding Creative Office/Retail Space

      Freestanding ±2,324 SF creative office/retail space in Historic Roswell.
      435 Jones Dr, Roswell, GA 30075
      View Details
    • Contact for pricing

      Renovated Roswell Office Suites

      Fully renovated office/medical suites in Roswell's thriving business district.
      610 Colonial Park Dr, Roswell, GA 30075
      View Details

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      Roswell Office/Redevelopment Opportunity

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      Roswell Office Suite For Sale

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    Similar Nearby for Lease

    • Contact for pricing

      Flex Warehouse on Canton Street

      Flex warehouse with reception offices and warehouse space available for rent.
      1233 Canton St, Roswell, GA 30075
      View Details
    • Contact for pricing

      Mixed-Use Development in Downtown Roswell

      Mixed-use development with retail, loft, and residential spaces.
      Alpharetta St & Frasier St, Roswell, GA 30075
      View Details
    • Contact for pricing

      Roswell Retail or Office Space

      Storefront retail or office space available for rent.
      425 Market Pl, Roswell, GA 30075
      View Details
    • Contact for pricing

      Freestanding Creative Office/Retail Space

      Freestanding ±2,324 SF creative office/retail space in Historic Roswell.
      435 Jones Dr, Roswell, GA 30075
      View Details
    • Contact for pricing

      Renovated Roswell Office Suites

      Fully renovated office/medical suites in Roswell's thriving business district.
      610 Colonial Park Dr, Roswell, GA 30075
      View Details
    • Contact for pricing

      Roswell Flex Space For Lease

      Flex space available near the heart of Old Roswell.
      1237 Strickland Rd, Roswell, GA 30075
      View Details
    View Listing
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    Roswell, GA 30075
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    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.

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