Sold Alerts provide potential sellers with hard-to-get comparable sale information.
- 505 E Iris Drive is an 82-year-old office building on a .18-acre parcel of land.
- The building measures just 1,008 SF with 4 parking spaces.
- Nearby businesses include Reel Muzik Werks, Westlake Pro Nashville, Enfield Construction, The Porch, Addiction Sound Studios, RGK Entertainment Group, Trace Horse Recording Studio, The Blueroom Studios and The CanRoom.
- The property last sold in 2006 for $229,900.
- The buyer put 35% down with financing from First Liberty Bank.
- The property just sold for $1,200,000…the equivalent of $1,190/SF of building or $153/SF of land.
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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