Friday, February 11th, 2022 February11th2022

Sold Alert: Land in Franklin, TN Sold for $38/SF

Published on February 11th, 2022

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

 

 

  • 204 Lathram Lane is a 1.2-acre parcel of land in the mixed-use master planned community of Berry Farms in south Franklin.
  • Upon completion, Berry Farms has a total projection of 1,100 residential units, 1.8 million square feet of retail and 3 million square feet of office space.
  • This flat, undeveloped lot is sandwiched between Chick-fil-A and a soon to be built Edley’s Bar-B-Que.
  • The site will seemingly be developed into a Regions Bank branch.
  • This was an all-cash transaction.
  • The property just sold for $2,000,000…the equivalent of $38/SF.

 

 


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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