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Description of the Article


SOLD – ± 230 AC., MOBILE HWY., MONTGOMERY, AL – May 24, 2015

John Stanley, CCIM has represented Arthur E. Marxer, et al. in the sale of 229.9 acres located at 6350 Mobile Hwy. (U.S. Hwy. 31) to The Water Works and Sanitary Sewer Board of the City of Montgomery.  The property is zoned  M-3.  The sales price was $688,000 ($3,000/Ac.).

SOLD – 5.61 AC., SOUTH ARROWHEAD DR., MONTGOMERY, AL – March 19, 2015

John Stanley, CCIM has represented A.J. McLemore Development Properties, LLC in the sale of a 5.61 acre parcel located on South Arrowhead Dr., off Atlanta Hwy.  The property is zoned B-3. The sales price was $370,000 ($1.51/S.F.). The name of the Buyer is undisclosed.



SOLD – .93 AC., FAIN PARK, MONTGOMERY, AL – March 16, 2015

John Stanley, CCIM has represented William T. Fain in the sale of a .93 acre parcel of land located adjacent to Park Place Center and off Minnie Brown Road.  The sales price for the unplatted parcel was $20,000.00.  The buyer was Park Place Center, Ltd.



SOLD – ± 80 AC., LOWNDES COUNTY, AL – February 6, 2015

Mark Dauber has represented Ray Scott, Jr. in the sale of approximately 80 acres located at Bridge Creek in Lowndes County, AL.  The sales price was $280,000 ($3,500/Ac.).



SOLD – NO. LAWRENCE ST. LOT, Montgomery, AL – December 30, 2014

John Stanley, CCIM has represented Freida Luster Commercial Properties, LLC in the sale of a ± 59,705 S.F. parcel located at 500 No. Lawrence St. in downtown Montgomery. The Buyer was Alabama Power Company. The sales price was $700,000.00 ($11.72/S.F.).