Tuesday, August 3rd, 2021 August3rd2021

Sold Alert: Land on I-65 in Cool Springs Sells for $27/SF

Published on August 3rd, 2021

Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.

 

 

  • 1000 Flagpole Court in Brentwood is an undeveloped, sloping parcel with 350’ of frontage on I-65.
  • Traffic counts exceed 156,000 vehicles per day.
  • This 2.94 acre parcel is located on a cul-de-sac North of Moores Lane near the Porsche dealership.
  • Zoned C-3 which is one of the most flexible zoning classifications available (but excludes multifamily).
  • This was an owner-user deal with the buyer planning to operate an auto dealership on the site.
  • The asking price was $30/SF.
  • The property just sold for $3,500,000…the equivalent of $27/SF of land.

 

 


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About Beau Beach, MBA CCIM

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

Beau leads Beachwood which is a nationwide commercial real estate brokerage for sellers…with emphasis in Nashville, Milwaukee and the states of 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.

Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com