Friday, February 4th, 2022 February4th2022

Sold Alert: Charlotte Avenue Area Industrial Land Sold for $29/SF

Published on February 4th, 2022

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

 

 

  • 2315 Clifton Avenue is a 2.2-acre industrial property that sits between the McKissack Park and Watkins Park neighborhoods, North of Charlotte Avenue.
  • Built in 1940, the property includes multiple small industrial and storage buildings.
  • On the other side of the train tracks lies bustling Charlotte Avenue.
  • Blackstone Brewing is located across the street.
  • Easy access to I-40.
  • Zoned IR with MUG-A zoning overlay that allows for a mixture of residential, retail and office uses.
  • Two miles from Downtown.
  • No development plans have been announced.
  • The property just sold for $2,750,000…the equivalent of $411/SF of building or $29/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