Tuesday, January 3rd, 2023 January3rd2023

Sold Alert: Small Industrial Building in Nashville Sold for $313/SF

Published on January 3rd, 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:

  • 154 Green Street is a 14-year-old, 4,000 SF warehouse near downtown Nashville.
  • Industrial zoning (IWD).
  • One 12’x12’ drive-in door accessed from Green Street.
  • Loading dock in the rear that’s accessed via the alley.
  • 10,454 SF (.24 acre) parcel of land.
  • Upgraded partial concrete block construction.
  • 1,000 SF of office space.
  • 5 parking spaces.
  • Located next to Green Street Church.
  • At time of sale, the property was occupied by Industrial Battery and Charger Inc.
  • In 2008, the undeveloped parcel of land sold for $80,000.
  • The seller financed the transaction with 12% down plus 6% interest.
  • The property just sold for $1,250,000…the equivalent of $313/SF.

 

 


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


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About Beau Beach, MBA CCIM

Beau is a battle-tested 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 and 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