Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Buford Land with Development Potential Title is generated by Realmo AI

    5339 S Richland Creek Road, Buford, GA 30515

    View on Map
    Claim this Listing
    Pending
    $1,750,000

    LAND - Buford, GA

    Property size:
    4,462 SF
    Lot size:
    20.37 Acres
    Added:
    May 12, 2025
    Days on Market:
    389
    Last Refresh:
    Jun 4 at 5:06 pm

    Property Features for 5339 S Richland Creek Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Resid
    Parking
    4
    Window features
    Insulated Windows
    Interior features
    High Ceilings 10 or Greater
    Standard status
    Pending
    APN
    R7324 011
    Size
    4,462 SF
    Lot size
    20.37 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    15540

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank, Public Sewer
    Heating system
    Zoned, Forced Air
    Cooling system
    Zoned, Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1973
    Floors in Building
    2
    Flooring type
    Hardwood, Tile - Ceramic, Vinyl, Carpet
    Building materials
    Brick, Brick 4 Sides, Frame

    We can help!

    Listing Contact
    SUSAN MOBBS KLIESEN

    Listing agent SUSAN MOBBS KLIESEN License #184539

    Listing office REMAX Center 1140 Old Peachtree Rd Suite D, GA

    Listing date May 12, 2025

    MLS# 7578456

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 20.37 acres suitable for light industrial use, located directly off Peachtree Industrial Blvd.
    • Includes two homes: a 4‑bedroom home built in 1992 and a larger home built in 1973 with a full basement.
    • Located in Buford, with one home in the Buford City School District.
    • Utilities available: county water, sewer (city and septic), and power.
    • Wooded property with rolling topography.
    • Additional 2.57‑acre parcel at the corner potentially available for purchase.

    Overview

    This 20.37-acre property in Buford, Georgia, presents an opportunity for light industrial development, situated off Peachtree Industrial Boulevard. The land includes two homes: a smaller, 4-bedroom home built in 1992 with a crawl space, and a larger home built in 1973, approximately double the size, with a full basement. The homes share a driveway. The property is wooded with rolling topography and has access to county water, sewer, and power. The smaller home is connected to city sewer, while the larger home uses a septic tank. Located between S. Richland Creek and Little Mill Road, the property is near the Buford City School District (smaller home) and Lanier High School District (larger home). The property is zoned for residential use and has 4,462 square feet of property size. Please note that the property is not suitable for subdivision development. An additional 2.57-acre parcel at the corner of the property is also potentially available for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buford
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.024747
    Latitude
    34.12602

    Nearby Similar for Sale

    • $1,700,000
      4,225 SF

      Buford Medical Office For Sale

      Fully furnished medical office with expansion plans in Buford, GA.
      4225 S Lee Street, Buford, GA 30518
      View Details
    • $599,000

      Commercial Corner Lot on Highway

      Highly visible commercial lot with highway frontage and business potential.
      879 Gainesville Highway, Buford, GA 30518
      View Details
    • $599,000

      Commercial Corner Lot on Highway

      Highly visible commercial lot with highway frontage and business potential.
      879 Gainesville Highway, Buford, GA 30518
      View Details
    • $2,300,000
      2,975 SF

      Buford Highway Land Opportunity

      3.27 acres with road frontage near retailers and sewer connections.
      1405 Buford Highway, Buford, GA 30518
      View Details
    • $599,000
      900 SF

      Visible Commercial Corner Lot

      Highway business zoned lot with high traffic visibility.
      879 Gainesville Highway, Buford, GA 30518
      View Details
    • $599,000
      900 SF

      Buford Commercial Corner Lot

      Highly visible corner lot with business potential near Gainesville Highway.
      879 Gainesville Highway, Buford, GA 30518
      View Details
    • $320,000

      Residential Lot in Prime Location

      1.054-acre lot ready for your dream home.
      2469 Rock Springs Road lot: #2, Buford, GA 30519
      View Details
    • $1,490,000
      9,170 SF

      Historic Buford Commercial Investment Property

      Iconic, fully leased commercial building in vibrant historic district.
      37 E Main Street, Buford, GA 30518
      View Details
    • $1,400,000

      Buford, GA Commercial Land

      Prime industrial development opportunity near Interstate 985.
      4579 Friendship Road, Buford, GA 30519
      View Details
    • $604,450

      Prime Buford Estate Lot

      1.727-acre estate lot near Mall of Georgia.
      2730-C Camp Branch Road, Buford, GA 30519
      View Details
    • $700,000

      Buford Multifamily Home with Income

      Home with three in-law units and no rental restrictions.
      2012 Arbor Springs Way, Buford, GA 30519
      View Details
    • $700,000

      Buford Home with Income Potential

      Home with three in-law units and no rental restrictions.
      2012 Arbor Springs Way, Buford, GA 30519
      View Details

    FAQs

    What type of property is this?
    Land - 20.37 acres in Buford, suitable for light industrial use.
    Where is this land located?
    The property is located at 5339 S Richland Creek Road Buford, GA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 20.37 acres suitable for light industrial use, located directly off Peachtree Industrial Blvd.; Includes two homes: a 4‑bedroom home built in 1992 and a larger home built in 1973 with a full basement.; Located in Buford, with one home in the Buford City School District.
    (770) 932-1234
    We can help!
    Listing Contact
    SUSAN MOBBS KLIESEN
    Real Estate License ID: 184539
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5339 S Richland Creek Road, Buford, GA 30515
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!