Tuesday, December 26th, 2023 December26th2023

SOLD ALERT: Nashville Industrial Property Sold Above Asking Price

Published on December 26th, 2023

Sold Alerts provide potential sellers with hard-to-get comparable sale information.

 

 

Go behind the scenes with this undisclosed, off-the-record transaction that may affect the value of your commercial property:
  • 2307 Winford Avenue is located just East of Berry Hill in Nashville.
  • It’s a new construction, 3,600 SF warehouse.
  • The block building has 18’ ceiling and sits on a 7,187 SF parcel of land.
  • Zoned IWD.
  • 12’x14’ drive-in door.
  • The dirt was purchased in 2020 for $285,000.
  • Nearby businesses include Camello Shop, Glow Motion Technologies, Hudson Builders and Iturbide FC.
  • The buyer put 15% down with financing from Pinnacle Bank at 7.49% interest.
  • The property was also available for lease at $18/SF NNN.
  • 70 days on market.
  • The asking price was $1,200,000.
  • The property just sold for $1,225,000…the equivalent of $340/SF.

 

 


Get clarity on exactly what it would look like to sell your property in today’s market.  Get your free Seller Clarity Report now.


Let the comps speak for themselves…get the 3 comparable sales most like your property.  Get your comps now.


About Beau Beach, MBA CCIM

Beau is a battle-tested Commercial Real Estate Broker, entrepreneur, author and adoring father of four.  His clients appreciate his no-nonsense demeanor and his legendary work ethic.

Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in the Southeast.

He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.

He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.

Click to schedule a call with Beau or email to Beau@soldbybeachwood.com