Tuesday, November 14th, 2023 November14th2023

SOLD ALERT: Murfreesboro Industrial Building Sold for $267/SF

Published on November 14th, 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:
  • 705 Middle Tennessee Blvd is a 22-year-old warehouse on .75 acre.
  • The 4,500 SF building was last used as an auto repair shop.
  • 22’ ceilings.
  • 8 drive-in doors.
  • Located in a heavy industrial area with Superior Overhead Doors as a neighbor.
  • The buyer put 20% down with financing from Sonata Bank at 7.18% interest for 5 years.
  • The property last sold in 2020 for $650,000.
  • On the market for 210 days.
  • The asking price was $1,395,000.
  • The property just sold for $1,200,000…the equivalent of $267/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