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John Stanley, CCIM has represented Auburn University in the sale of a ± 1.15 acre lot located on Hyundai Boulevard, Montgomery, AL. The Buyer was Georgiana Convenience, LLC. The sales price was $130,000.00 ($2.60/S.F.).
John Stanley, CCIM has represented Schilleci Distribution Property, LLC and FSS Fairview Development Property, LLC in the sale of a ± 1.37 acre lot located at 211 West Fairview Avenue, Montgomery, Alabama. The property is zoned B-2. The Buyers are Kunal Tank and Varun Patel. The sales price was $325,000.00 ($5.45/S.F.).
John Stanley, CCIM has represented Beebe Fredrick, Jr. in the sale of a ± 9,436 S.F. office building located at 624 South Perry Street, Montgomery, AL. The Buyer was River Region United Way. The sales price was $442,500.00 ($45.05/S.F.).
Lee Meriwether, CCIM has recently completed the sale of ±14.64 acres of vacant land along Carmichael Road in Montgomery, Alabama. The Property was zoned B-2 at the time of the Sale. The Sales price was $2,041,049.60 or $3.20/S.F. The Seller was FHM Company, LLLP and the Buyer was UpFront Properties, LLC. The property will be developed as a new car dealership.
Lee Meriwether, CCIM and John Stanley, CCIM have sold ± 18.17 acres located on Park Crossing at New Park. The property will be developed as Phase III of the Jubilee subdivision. The Seller was New Park Development Company, LLC and the Buyer is JSL Partners, LLC. The Sales price was $454,250.00 ($25,000.00/AC.).
Lee Meriwether, CCIM and John Stanley, CCIM have represented Sidhu Farms, LLC in the sale of ± 203 acres located on East Avalon Way, off Ray Thorington Road, Montgomery AL. The property will be developed as a residential subdivision. The Buyer was Heritage Homes Development, Inc. The sales price was $1,118,040 ($5,500/AC.).