$599,000
$100K PRICE DROP

550 Gwinnett St Buford, GA 30518

Estimated payment $3,300/month

Total Views 1,572
0.6 Acre
$998,333 Price per Acre
26,136 Sq Ft Lot

Highlights

  • City View
  • Front Yard Fenced
  • Open Lot
  • Buford Elementary School Rated A

About This Lot

Seize this exceptional opportunity to acquire a vacant residential lot perfectly positioned for light industrial development in the thriving City of Buford, Georgia. Though currently zoned residential, this parcel is strategically surrounded by existing City of Buford Light Industrial (M1) zoned properties, indicating its highest and best use for commercial ventures.

This lot offers significant commercial potential due to its desirable location within Buford, a city renowned for its robust economic growth and business-friendly environment. All essential utilities are readily available at the site, streamlining the development process.

The seller is motivated and prepared to entertain offers that are contingent on successful rezoning to M1 light industrial, demonstrating flexibility and a clear understanding of the property's potential. This is a rare chance to secure a strategic foothold in a high-demand industrial corridor with excellent access and a strong foundation for future success. Don't miss out on transforming this prime piece of real estate into a valuable asset for your business!

Listing Agent

Kenneth Lumpkin

EXP Realty, LLC. License #350718 Listed on: 07/01/2025

EXP Realty, LLC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $434

Lot Details

  • 0.6 Acre Lot
  • Front Yard Fenced
  • Open Lot
  • Property is zoned R100

Schools

  • Buford Elementary And Middle School
  • Buford High School

Additional Features

  • City Views
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number R7302 108B

Property Details

Property Type

Land

Est. Annual Taxes

$434

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Land
  • MLS Status: Active
  • Current Classification: Developed/Zoned Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Exterior Features

  • Fencing: Front Yard
  • View: City
  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Schools

  • Elementary School: Buford
  • Middle School: Buford
  • High School: Buford

Lot Info

  • Acres: 0.6000
  • Possible Use: Warehouse
  • Current Zoning: R100
  • Current Use: Residential
  • Lot Dimensions: x
  • Parcel Number: R7302 108B
  • Price Acre Dollar: 998333.33
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 434.00
  • Assessor Parcel Number: R7302-108B
  • Tax Year: 2024

MLS Schools

  • Elementary School: Buford
  • High School: Buford
  • Middle School: Buford

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $434 $23,400 $23,400 $0
2022 $523 $36,480 $26,000 $10,480
2021 $346 $24,080 $20,920 $3,160
2020 $346 $24,080 $20,920 $3,160
2019 $312 $24,080 $20,920 $3,160
2018 $269 $20,760 $18,800 $1,960
2016 $266 $20,760 $18,800 $1,960
2015 $275 $20,760 $18,800 $1,960
2014 $281 $20,840 $20,840 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $599,000 -14.3% --
07/01/2025 07/01/25 For Sale $699,000 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7608018

First Multiple Listing Service (FMLS)

APN: 7-302-108B

Georgia Gwinnett County Buford 30518

550 Gwinnett St, Buford, GA

This home is located at 550 Gwinnett St, Buford, GA 30518 and is currently priced at $599,000. 550 Gwinnett St is a home located in Gwinnett County with nearby schools including Buford Elementary School, Buford Senior Academy, and Buford Academy.

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Nearby Homes
Kenneth Lumpkin
Listing Agent
Kenneth Lumpkin
Section Image
EXP Realty, LLC.
(470) 688-2516