Tuesday, April 23rd, 2024 April23rd2024

SOLD ALERT: Nashville Industrial Building Sold for $225/SF

Published on April 23rd, 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:
  • 1103 Bell Grimes Lane is a 57-year-old warehouse on 1 acre of land.
  • Located at Dickerson Pike and Old Hickory Blvd, the 8,436 SF metal building was sold vacant.
  • Zoned C-2 Light Manufacturing.
  • Near Cedar Hill Park.
  • 15’ clear ceiling height.
  • One drive-in door.
  • New roof and HVAC in 2017.
  • 22 parking spaces.
  • The property last sold in 2018 for $650,000.
  • The asking price was $2,200,000.
  • The property was on the market for 182 days.
  • The buyer put 25% down with financing from Renasant Bank at 6.6% interest for 5 years.
  • The property just sold for $1,900,000…the equivalent of $225/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