1111 Cambridge SqAlpharetta, GA 30004

Property Details for 1111 Cambridge Sq

Year built

1989

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

6,000 SF

Zone code

C2

Property type

Office properties

APN

12 234206000598

APU

12234206000598

Description

This exceptional 6,000 square foot executive office suite is ideally situated in Alpharetta, Georgia, at 1111 Cambridge Square, within close proximity to Avalon Mall. The property, built in 2000 and renovated in 2016, sits on a 0.138-acre lot and is zoned for commercial use (APN: 12 234206000598). The single-tenant building offers a total of 6,000 square feet of completely vacant space, spread across two floors, each encompassing 2,000 square feet. The first floor features two large offices, four standard-sized offices, restrooms, and is fully furnished. The second floor boasts one large office, six standard-sized offices, one office with glass doors, a dedicated receptionist area, and two full restrooms complete with showers. Both floors provide convenient access to two exterior exits. The property is currently available for lease, with a monthly rent of $1,800 for the first floor and $2,000 for the second floor. While parking is not provided on-site, the convenient location offers easy access to various amenities and transportation options. This turnkey solution is perfect for a business seeking a move-in ready, high-quality office space in a desirable Alpharetta location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,321,873

  6.5%

  $1,220,191

  7%

  $1,133,034

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,006,691

  Geo Method

  $368,280

• Alternative Use

  Use

  Valuation

  Residential

  $1,513,036

  Hospitality

  $1,385,933

  Educational

  $1,153,080

  Medical

  $1,192,736

  Retail

  $1,793,680

Location Insight

City

Alpharetta

County

Fulton

State

Georgia

Latitude

34.0672

Longitude

-84.3152

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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