Thursday, June 6th, 2024 June6th2024

SOLD ALERT: Downtown Franklin Property Sold for $698/SF

Published on June 6th, 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:
  • 717 Columbia Avenue in Franklin, TN is best known as the long-time home of Franklin Plumbing and Heating.
  • The .16-acre parcel includes two buildings totaling 4,298 SF.
  • Built in 1930, the property was sold for its land value.
  • This active buyer has acquired several adjacent properties:
  • 713 Columbia Ave ($1,100,000)
  • 731 Columbia Ave ($3,600,000)
  • 805 Columbia Ave ($5,581,838)
  • 811 Columbia Ave ($1.550,000)
  • 813 Columbia Ave ($4,000,000)
  • This was an all-cash transaction.
  • The property just sold for $3,000,000…the equivalent of $698/SF of building or $430/SF of land.


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.

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