JeffCroweCRE
Commercial

450 S Cemetery Street Unit 203

Norcross, GA 30071

Location

450 S Cemetery Street Unit 203, Norcross GA 30071

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List Price$494,000
TypeIndustrial
Building2,148 SF
Lot0.05 Ac
Building

Improved commercial

2,148 SF building

Industrial · M1 · $230 / SF · 0.05 ac lot

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7847989
Listing Provided By Synergy Real Estate, LLC. · 770-595-5578
Description

Property Description

Prime office-warehouse condo opportunity! Located in the Fairmont Woods industrial park, this office-warehouse condominium unit is perfect for contractors, distributors, or service businesses seeking ownership. Unlock functional space in Fairmont Woods industrial park, conveniently located within the city limits of Norcross, Gwinnett County, GA, close to Buford Highway, I-85, and I-285. The unit features 17-18 feet ceilings, 3-phase power, and a drive-in roll-up door. The 2,148-square-foot unit is comprised of 569 square feet of office space and 1,579 square feet of warehouse space. Additionally, there is a 569-square-foot mezzanine over the office. The property is zoned industrial. Common permitted uses include warehouse, distribution, light manufacturing, contractor operations, showroom, and flex office-warehouse. The property is subject to quarterly association dues of $1,013. The fee covers common areas, water and trash utilities, exterior lighting, roof, structural and exterior maintenance, and grounds maintenance. Ideal for businesses that want ownership control without the overhead of a freestanding building. This is a solid, no-frills industrial condo—ready for the right operator to put it to work. Contact for current availability, pricing, interior details, or a private showing. Similar opportunities move quickly in this corridor.
Tax Advantage

Opportunity Zone Property

Tract 13135050320

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

View all Opportunity Zone properties →IRS Opportunity Zones overview ↗

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1997
Zoning
M1
Price / SF
$230
Price / acre
$9,880,000
Days on market
9
Loading
Overhead Door
Road frontage
35 ft
Owner pays
Cable TV, Electricity, Insurance, Janitorial Service, Management, Other Tax, Repairs, Taxes
Taxes
$4,336
Tax year
2026
Opportunity zone
Yes

Utilities & systems

As reported on the listing. Confirm service and capacity on site.

Available

  • Electricity
  • Natural Gas
  • Sewer
  • Underground Utilities
  • Water

Sewer

  • Public Sewer

Heating

  • Forced Air
  • Office Area Only
  • Space Heater

Cooling

  • Central Air
  • Office Area Only

Commercial Analysis

Key metrics and property characteristics

List Price$494,000
Building Size2,148 SF
Price / SF$230
Lot Size0.05 Acres
Price / Acre$9,880,000
ZoningM1
Property SubtypeIndustrial
Year Built1997

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450 S Cemetery Street Unit 203

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Disclaimer

Important Investment Information

Financial and property metrics are taken from the MLS listing when available. Cap rates or other calculated figures may be estimated. All figures are for screening only — verify with current financials and physical inspection.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.