Updated Oct 12, 2026
Thomas James Homes, LLC Acquires Development Site In Brentwood For $2.5M
1977 Mayfield Place, Brentwood, TN, USA
$2,475,000
$275/SF
Building Size
9,000 SF
Asset Type
Development Site
Closing
Apr 6, 2020
About this deal
AI
A development site located at 11977 Mayfield Avenue in Brentwood has been sold. The property was purchased by Thomas James Homes, LLC from Georgia Qutami and Aristotle N. Qutami. The sale was facilitated by brokers Ryan Serling, Martin Agnew, Stuart Fagan, and Michelle Mandel from the Agnew Serling Group. The transaction took place on April 7, 2020, for a price of $2,475,000.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $2,475,000
- Address: 11977 Mayfield Avenue
- Market: Brentwood
- Buyer: Thomas James Homes, LLC
- Seller: Georgia Qutami & Aristotle N. Qutami
- Brokers: Ryan Serling, Martin Agnew, Stuart Fagan, Michelle Mandel from the Agnew Serling Group
- BSF (Building Square Footage): 9,000
- PPBSF (Price Per Building Square Foot): $275.00
Ryan Serling, Martin Agnew, Stuart Fagan, and Michelle Mandel from the Agnew Serling Group were the brokers who represented the buyer, Thomas James Homes, LLC, in this transaction. The development site, with a building square footage of 9,000, was sold for $2,475,000 at a price per building square foot of $275.00.
On the Map
$2,475,000
$275/SF
Development Site
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Players
Brentwood Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.41%
Cash-on-Cash
-1.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93