Description of this article
John Stanley, CCIM has represented the FDIC in the sale of a 59,730 S.F. lot on Chantilly Parkway, Pike Road, AL. The Buyer was Cross Gate, LLC. The sales price was $134,392.50 ($2.25/S.F.).
Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of a ± 1.63 Acre commercial lot located at the corner of Chantilly Parkway and Chantilly Parkway Place in Pike Road, Alabama. The Sales price was $639,666.00 or $9.00/S.F. The property is zoned B-2. The Seller was Pelham, et al and the Buyer was Marion Community Bank. The Site will be developed as Marion Community Bank�s first location in Pike Road, Alabama.
John Stanley, CCIM has represented MJG Real Estate Holdings, LLC in the purchase of a ± 6,088 S.F. office building located on ± 4.79 acres at 9750 Vaughn Road, Pike Road, AL. The Buyer is MJG Real Estate Holdings, LLC and the Seller was Liberty Bank and Trust. The Buyer will remodel the existing building for use as a small animal vet clinic. The sales price was $825,000.00.