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:
- Built in 1987, 936 Allen Road is a 2,966 SF office building on a .46-acre parcel of land.
- Recently updated and move-in ready.
- 18 parking spaces.
- At the time of sale the property was occupied by Digital Resource, an internet marketing company.
- Zoned CL (Commercial Limited). Located just off Donelson Pike near Jimmy Johns, Bar-B-Cutie Smokehouse and Roma Pizza & Pasta.
- The property last traded in 2018 for $490,000.
- The original asking price was $1,525,000.
- 350 days on the market.
- The buyer put 20% down and is paying 6.91% interest on the loan.
- The property just sold for $1,175,000…the equivalent of $396/SF.
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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