Wednesday, May 1st, 2024 May1st2024

SOLD ALERT: Office Building in Hermitage Sold for $417/SF

Published on May 1st, 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:
  • 3333 Stoners Bend Drive in Hermitage is a 2,640 SF office building.
  • Constructed in 1974, the brick building sits on an oversized 1.35 acre parcel of land.
  • IWD Zoning.
  • This was an occupant purchase.
  • The property is now occupied by Armstrong Protech which provides security and courier services.
  • Located between Builders Wholesale Cabinets and Central Pike Collision Repair.
  • On the market for 78 days.
  • Last sold in 2003 for $215,000.
  • This was an all-cash transaction.
  • The asking price was $1,200,000.
  • The property just sold for $1,100,000…the equivalent of $417/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