Description of this article
Lee Meriwether, CCIM has represented Avadian Credit Union in the sale of ± 2.31 Acres located at 4135 and 4143 Atlanta Highway in Montgomery, AL. The Property was zoned B-2. There were two (2) buildings on the Property that will be demolished for a new development. The Property sold for $650,000.00 or $6.46/S.F.
John Stanley, CCIM has represented McLemore Plantation, Ltd. in the sale of ± 100 acres located on Wallahatchie Road, Pike Road, Alabama. The Buyer was The Town of Pike Road Board of Education. The sales price was $1,450,000.00 ($14,500/AC.).
John Stanley, CCIM has represented Flatiron Farms, LLC in the purchase of ± 56.89 acres, with an existing house, located at 3620 Marler Road, Pike Road, Alabama. The Sellers were Ray and Jeanie Shaw. The sales price was $800,000.00 ($14,062.22/AC.).
John Stanley, CCIM has represented Mary Alma Neeley, Martha Myers and Earline Smith in the sale of ± 31.36 acres of land located at the NE corner of the Outer Loop Road and Vaughn Road in Pike Road, Alabama. The Buyer was SAI Holding, Inc. The Property is zoned B-2. The sales price was $1,125,000.00 ($35,873/AC.).
John Stanley, CCIM has represented McLemore Plantation, Ltd. in the sale of ± 1.28 acres located on Wallahatchee Road, Pike Road, Alabama. The Buyer was The Water Works and Sanitary Sewer Board of the City of Montgomery. The property will be developed as a well site. The sales price was $38,400.00 ($30,000.00/AC.).
John Stanley, CCIM has recently represented Carrollton, LLC in the purchase of ± 28.76 Acres located at Angela Street, just off Highway 31 in Prattville, Alabama. The Property will be developed as a single family residential neighborhood. The sales price was $175,000.00 ($6,085/AC.).
Lee Meriwether, CCIM recently represented Greenacres II, LLC in the sale of ± 34.75 Acres located along Highway 14 at McQueen Smith Road. The Buyer was East Memorial Baptist Church. The Property was zoned B-2. The sales price was $2,600,000.00 ($1.72/S.F.).
Mark Dauber has represented TVM Investment Properties, LLC in the sale of two (2) outparcels located at THE SHOPS AT PIKE ROAD in Pike Road, Alabama. Lot 2 consists of ± 40,840 S.F. and sold for $653,440 ($16.00/S.F.). Lot 3 consists of ± 44,994 S.F. and sold for $719,904 ($16.00/S.F.). The Buyer of both lots was San Marcos Mexican Restaurant- Pike Road, Inc.
Lee Meriwether, CCIM recently represented Fred and Todd Henderson in the sale of a vacant lot located at 3630 Malcolm Drive in Montgomery, Alabama. The lot is ± 56,191 square feet, zoned B-3, and sold for $100,000.00 ($1.78/S.F.).
Lee Meriwether, CCIM recently represented Grantham Land Company, LLC in the purchase of ± 19.38 acres of land along EastChase Lane in Montgomery, Alabama. The property was zoned PUD at the time of the sale and will be developed as a gated upper end residential neighborhood. The sales price was $667,120.00 or $34,423.00 per acre.