Tuesday, April 30th, 2024 April30th2024

SOLD ALERT: Land in White House Sold for $36/SF

Published on April 30th, 2024

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:
  • 1007 Highway 76E in White House is the home of El Ranchero Mexican Grill & Bar.
  • The 32,929 SF corner parcel sold for its land value.
  • The restaurant tenant is on a short-term lease.
  • Roughly located at Hwy 76 and I-65, the property is surrounded on 3 sides by the former Days Inn motel which also sold.
  • A new retail development will replace both buildings.
  • Located across from Love’s Travel Center which includes Chester’s Chicken, Godfather’s Pizza and Taco John’s.
  • The sale follows a period of increased demand for White House commercial real estate.
  • The property just sold for $1,200,000…the equivalent of $36/SF of land.

 


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