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Description of the Article


SOLD – ± 1.67 ACRE PARCEL, ATLANTA HIGHWAY, MONTGOMERY, AL. MAY 8, 2024

John Stanley, CCIM has represented Cotton Field Place, LLC in the sale of a 72,800 S.F. parcel located at the corner of Atlanta Highway and Halcyon Pointe Dr., Montgomery, AL. The parcel is zoned B-3. The Buyer was POS Properties, LLC. The sales price was $582,400.00 ($8.00/S.F.).


LEASED – OFFICE SPACE, 4265 LOMAC ST., MONTGOMERY, AL. APRIL 11, 2024

Lee Meriwether, CCIM recently completed a long term Lease for ± 1,817 S.F. of office space located at 4265 Lomac Street in Montgomery, Alabama. The Landlord was James F. Hampton and the Tenant was Helping Hearts Senior Care Services, LLC. The terms of the Lease are undisclosed.


SOLD – 14.64 ACRES, CARMICHAEL ROAD, MONTGOMERY, AL. APRIL 9, 2024

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.


SOLD – 1.72 ACRE VACANT LOT, MONTGOMERY, AL. APRIL 9, 2024

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.


SOLD – ± 6.26 ACRES, OLD FARM LANE, PRATTVILLE, AL. APRIL 5, 2024

John Stanley, CCIM has represented Katherine L. Nichols and Laura A. Lanier in the sale of a ± 6.26 acre parcel located at 424 Old Farm Lane, Prattville, AL. The Property will be developed as sites for two (2) hotel developments. The Buyer was PHOTA II-PG OZ Prattville, LLC. The sales price was $2,000,000.00 ($7.33/S.F.).