Description of this article
Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of a ± 1.35 Acre vacant commercial lot fronting Chantilly Parkway in Montgomery, AL. The property is zoned B-2. The sales price was $400,000.00 ($6.80/S.F.).
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.).
John Stanley, CCIM and Lee Meriwether, CCIM have represented Rural Holdings, LLC in the sale of a ± 37,792 S.F. business lot located on Kessinger Drive in Montgomery, Alabama. The sales price was $217,304.00 ($5.75/S.F.).
Lee Meriwether, CCIM recently completed the sale of ± 1.72 acres of vacant land located along Woods Crossing, just off Carmichael Road in Montgomery, Alabama. The property was zoned B-3 at the time of the sale. The Sales price was $225,000.00 or $3.00/ S.F. The Seller was Paulk Properties, and the Buyer was Factory Town, LLC. The property will be developed with the adjacent property as a new car dealership.
Lee Meriwether, CCIM and John Stanley, CCIM have represented Boyd Investments, LLC in the sale of a 1.35 Ac. lot located on Chantilly Parkway, Montgomery, AL, adjacent to the Pub Restaurant. The Buyer was Gipson Enterprises, L.L.C. for the development of a Gipson Auto Tire Service facility. The sales price was $450,000.00 ($7.65/S.F.).
John C. Stanley, CCIM has represented the Mae Etta Little Trust in the sale of a 6.17 acre lot located adjacent to the Henley Hedge Subdivision off Bell Road, Montgomery, AL. The lot is zoned Agr.-1. The sales price was $330,000 ($53,485/Ac.).