Tuesday, April 9th, 2024 April9th2024

SOLD ALERT: Gallatin Commercial Land Sold for $18/SF

Published on April 9th, 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:
  • 317 W Main Street in Gallatin is a half-acre corner parcel at the prominent intersection of Main Street, Red River Road and Gallatin Pike.
  • This property, along with most properties along W Main Street/Gallatin Pike, are located in a floodplain due to nearby Town Creek.
  • Setbacks are just 10′ along the front and sides.
  • 20′ setback in the rear.
  • A new building may occupy up to 50% of the total site.
  • Parking requirements are based on use.
  • Site has all utilities.
  • 1,000 SF building was damaged by a vehicle and then demolished.
  • Signalized intersection.
  • One curb cut.
  • Traffic count exceeds 24,000 vehicles per day.
  • Attractive CG (Commercial General) Zoning.
  • The asking price was $20/SF.
  • This was an all-cash transaction.
  • The property just sold for $400,000…the equivalent of $18/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