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$469,900 -$29,100 (-5.83%) Price Reduced
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Property Description
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!
Full Property Details
Full Property Details for 550 N Gwinnett St
General
- Price: $469,900
- Taxes: $434 (2024)
- Status: Active
- Type: Industrial
- Source: GAMLS_Atlanta
- MLS ID: 10555498
- Updated: 1/29/2026
- Added to Site: 213 day(s) ago
Location
- County: Gwinnett
- Driving Directions: If using Google Maps, please note that the locator will take you to the house across the street from this vacant lot.
School Information
- Elementary School: Buford
- Middle School: Buford
- High School: Buford
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Other
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.6
- Lot Size Range: .6
- Lot Size Source: Public Records
- Present Use: Other
- Lot Description: Other
Water Features
- Water Front Name: NONE
Financial Considerations
- Tax Amount: $434
- Tax Year: 2024
Listing Courtesy of: eXp Realty
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Schools
Schools serving 550 N Gwinnett St
School District:Buford City School District
| Name | Grades | Distance |
|---|---|---|
Buford Elementary School 2500 Sawnee Avenue, Buford, GA 30518 | PK-K | 0.9 mi |
Buford Academy 2705 Robert Bell Parkway, Buford, GA 30518 | 1-3 | 1 mi |
Buford Senior Academy 2700 Robert Bell Parkway, Buford, GA 30518 | 4-5 | 1 mi |
Buford Middle School 2750 Sawnee Avenue, Buford, GA 30518 | 6-8 | 1.3 mi |
Buford High School 2455 Buford Highway, Buford, GA 30518 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 N Gwinnett St
Date
Details
Price
Change
Source
1/29/2026
Price Reduced
$469,900
-5.83%
MLS
10/30/2025
Price Reduced
$499,000
-9.11%
MLS
9/11/2025
Price Reduced
$549,000
-8.35%
MLS
8/15/2025
Price Reduced
$599,000
-14.31%
MLS
7/01/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 550 N Gwinnett St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$517
19%
$36,000
19%
2024
$434
29%
$30,240
29%
2023
$336
-36%
$23,400
-36%
2022
$523
51%
$36,480
51%
2021
$346
—
$24,080
—
2020
$346
11%
$24,080
—
2019
$312
14%
$24,080
16%
2017
$273
3%
$20,760
—
2016
$266
-3%
$20,760
—
2015
$275
-2%
$20,760
—
2014
$281
—
$20,840
—
2013
$282
—
$20,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 550 N Gwinnett St
550 N Gwinnett Street, Buford, GA 30518 (MLS# 10555498) is a Industrial property with a lot size of 0.6 acres. 550 N Gwinnett Street is currently listed for $469,900 and was received on July 01, 2025. Want to learn more about 550 N Gwinnett Street? Do you have questions about finding other Industrial real estate for sale in Buford? You can browse all Buford real estate or contact a Coldwell Banker agent to request more information.

