Friday, January 28th, 2022 January28th2022

Sold Alert: West Trinity Lane Land in Nashville Sold for $21/SF

Published on January 28th, 2022

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

 

 

  • 1013 W Trinity Lane is an unremarkable, two parcel assemblage totaling 1.67 acres.
  • Many neighboring sites have been recently sold for apartment and townhome developments.
  • For example, Billionaire Ed Ewing is planning a luxury high rise called “Nashville Tomorrow” nearby on the Cumberland riverfront.
  • 149’ of frontage.
  • Downtown Nashville views.
  • Less than 5 minutes to Downtown.
  • The buyer put 20% down with financing from Bank Tennessee.
  • The property sold for full asking price.
  • The property just sold for $1,500,000…the equivalent of $21/SF of land.

 

 


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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.

Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com