Tuesday, September 21st, 2021 September21st2021

Sold Alert: Wedgewood-Houston Land Sold for $51/SF

Published on September 21st, 2021

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

 

 

 

  • 661 Wedgewood Avenue is a 1.22-acre site located on the south side of Wedgewood Avenue and less than one block east of Interstate 65.
  • A mixed-use building is planned for the undeveloped land.
  • The buyer is planning a six-story building with 150 apartments and 3,000 SF of retail/office space.
  • It will feature a rooftop swimming pool and courtyard.
  • The property just sold for $2,720,000…the equivalent of $51/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