Tuesday, August 20th, 2024 August20th2024

SOLD ALERT: Antioch Industrial Building Sold for $257/SF

Published on August 20th, 2024

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:
  • 108 Cummings Ct is a vacant, 46-year-old industrial building on 2.59 acres.
  • Two drive-in doors, one loading dock and 10 parking spaces.
  • Oversized, fenced parcel.
  • 18’ ceiling height.
  • Zoned IR (Industrial Restricted).
  • Borders Mill Creek.
  • Nearby businesses include Drops Everything Scenic Spec, College Hunks Hauling Junk and A&R Distribution.
  • The property last sold in 1999 for $530,000.
  • 567 days on market.
  • The asking price was $2,200,000.
  • The property just sold for $1,800,000…the equivalent of $257/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