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Nim Frazer, SIOR has completed the sale of ±2.07 acres of land at 4815 Birmingham, Highway, Montgomery, AL.  The property is an undeveloped lot with no improvements.  The sales price was $45,000.00.  The property will be used for a new business expansion opportunity by the adjacent property owner.  The property is zoned M-3.

Nim Frazer, SIOR has completed the sale of ± 20 acres of land off Vaughn Road, in Pike Road, AL.  This 20 acres is located at the rear of a 113.9 acre tract fronting Vaughn Road.  The sales price was $260,000.00.  The property will be used for pasture by an adjacent land owner and is zoned for agriculture use.

Nim Frazer, SIOR has represented Rebecca Vaughn and Elizabeth Calhoun in the sale of ± 30.05 acres located on U.S. Hwy 80 West, across from Dannelly Field, in Montgomery, AL.  The property is zoned M-1 and was sold to KOAM, LLC.  The sales price was $270,000.00.

John Stanley, CCIM has represented Charles E. Herron, Jr. in the purchase of ± 79.8 acres located on Grandview Road, Millbrook, AL.  The Seller was the City of Millbrook, AL.  The property will be developed by Stone Martin Builders as a single-family residential subdivision.  The sales price was $995,904.00 ($12,480.00/AC.).

John Stanley, CCIM and Betsy Echols with Realty Central have represented Tom and Janet McKinnon in the sale of ± 41.6 acres including a ± 4,200 S.F. antebellum home located at 2810 Tanglewood Drive, Millbrook, AL.  The Buyers are Griff and Katherine Bridell.  The sales price was $240,000.00.

Lee Meriwether, CCIM recently represented Smith / Packett Med-Com, LLC in the purchase of ± 7.81 Acres of land located along Eastchase Lane in Montgomery, Alabama. The site will be developed as a very upscale Assisted Living Facility.  The sales price was $1,952,500.00 or ($5.74/S.F.). 

Lee Meriwether, CCIM recently represented Rialto, Inc. in the sale of ± 3.25 Acres located on Malcolm Drive, one block off Taylor Road, in Montgomery, Alabama. The property was zoned B-3 and the sales price was $82,500.00. 

Lee Meriwether, CCIM has represented River Bank and Trust in the sale of ± 5.2 Acres of undeveloped property located on U.S. Highway 31 / South Memorial Drive in Prattville, Alabama.   The property is zoned B-2.  The Buyer was Abundant Life Church Ministries.

Lee Meriwether, CCIM and, John Stanley, CCIM sold ± 98.77 acres located in the Glennbrooke Subdivision in Prattville, AL.  The Seller was Greenacres, LLC and Greenacres II, LLC and the Buyer is SMB Land, LLC. The sales price was $1,040,000.00 ($25,000.00 / usable acre). 

John Stanley, CCIM and Lee Meriwether, CCIM have sold a ± 4 acre lot located on Jasmine Trail, Prattville, AL.  The Seller was Dunbar-Minter, LLC and the Buyer is Radiation Oncology Partners, LLP. The sales price was $350,000.00 ($2.00/S.F.).