Tuesday, August 10th, 2021 August10th2021

Sold Alert: Germantown Land Sells for $88/SF

Published on August 10th, 2021

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

 

 

  • 1409 2nd Avenue N is a 6,970 SF (.16 acre) parking lot with 60 feet of frontage.
  • The buyer also owns the adjacent .3 acres (1403 2nd Avenue N).
  • Located one block from the new Peyton Stakes apartment development.
  • The Axis Church is located on the same block.
  • The plans for the site have not yet been made public.
  • This is a quality comparable sale for land in the Germantown area.
  • The property just sold for $615,000…the equivalent of $88/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