#10550548, Rachel N. Webb, Listing office: Hill Wood Realty
Property details
About 550 N Gwinnett St
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!
Highlights
Summary
- View: City
- List Price: $699,000
- HOA Amount: $0
- Annual Tax Amount: $335
- Tax Year: 2023
- Lot: Other
- Directions: If using Google Maps, please note that the locator will take you to the house across the street from this vacant lot.
- Lot Size: 0.6 Acres
- MLS Number: 10555498
- MLS Name: Georgia MLS 2
- Office Name: eXp Realty
- Listing Agent: Kenny Lumpkin
Based on information from the Georgia MLS © 2025.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 3:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $23,400 | $335 |
2022 | $36,480 | $345 |
2021 | $24,080 | $345 |
2019 | $24,080 | $312 |
2018 | $20,760 | $272 |
2017 | $20,760 | $266 |
History based on county public records data.
Nearby schools
8
Buford Senior Academy
Public District 4-5
1.0 mi
•2700 Robert Bell Pkwy
8
Buford Academy
Public District 1-3
1.0 mi
•2705 Robert Bell Pkwy
6
Sycamore Elementary School
Public District KG-5
2.1 mi
•5695 Sycamore Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,778. Typical income of Buford, GA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 550 N Gwinnett St
The listing price of 550 N Gwinnett St property is $699,000.
The property 550 N Gwinnett St is land located in Buford, Georgia, 30518.
Active Listing: 550 N Gwinnett St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 550 N Gwinnett St are: Buford Senior Academy (GreatSchools Rating 8/10), Buford Academy (GreatSchools Rating 8/10), Sycamore Elementary School (GreatSchools Rating 6/10), Buford Middle School (GreatSchools Rating 9/10), Lanier Middle School (GreatSchools Rating 8/10), Glenn C. Jones Middle School (GreatSchools Rating 8/10), Buford High School (GreatSchools Rating 8/10), Lanier High School (GreatSchools Rating 7/10), North Gwinnett High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $335 (source: MLS/based on county public records data).
The property 550 N Gwinnett St is 0.6 acres.
This home is located at 550 N Gwinnett St in Buford, GA and zip code 30518. Features: 0 bathroom. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $699,000.
In June 2025 more than 20 listings in Buford, GA were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 67 were sold below. The number of listings in Buford, GA increased by 10.3% between May and June 2025. Listings spent 39 days on the market in June 2025, and had a median list price of $492,500 during the same period.