VACANT LAND
SOLD – Highway 14, Prattville, AL – July 22, 2010
Lee Meriwether, CCIM recently completed the sale of a + 33,000 S.F. vacant lot, zoned B-2, located on Highway 14 in Prattville, AL, near McQueen Smith Road and adjacent to AmeriFirst Bank. The seller was Big E Developers, LLC and the Buyer was PRATT ABC, LLC. The sales price was $225,473.00. |
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SOLD – 14,227 S.F., Montgomery, Alabama – July 9, 2010
John Stanley, CCIM has represented A.J. McLemore Development Properties, LLC in the sale of a 14,227 S.F. parcel of land located off U.S. Hwy 80 (Atlanta Hwy.) to Dixie Electric Cooperative. The property will be developed by Dixie Electric for use as an access to its existing corporate facility. The sales price was based on $4.50/S.F. |
SOLD – 41.5 Acres, Lowndes County, Alabama – June 30, 2010
Mark Dauber has completed the sale of approximately 41.5 acres located at the corner of I-65 and Tyson Road in Lowndes County, Alabama. The Seller was Ray W. Scott, Jr. and the Buyers were Jerry and Linda W. Lambert. The sales price was $249,120.00 ($6,000/Ac.). |
SOLD – River Ridge Harbor, Montgomery, AL – June 21, 2010
Mark Dauber has completed the sale of 2 residential lots (Lot #20 and Lot #44) located at River Ridge Harbor. The names of the Buyers are undisclosed. The sales price for Lot #20 was $85,000.00 and for Lot #44 was $59,500.00. |
SOLD – Blue Mountain Beach, FL – May 21, 2010
John Stanley, CCIM, and Mandy Cooper of Re/Max Southern Realty in Destin, FL have represented the Seller in the sale of five (5) separate parcels of land in Blue Mountain Beach, FL. The properties consist of two (2) beach lots and three (3) lake lots located on Blue Mountain Beach Road and Big Red Fish Lake. The Seller was the Ida Belle Young Revocable Trust. The names of the Buyers and sales prices of each parcel are undisclosed. |
SOLD – 6.95 ACRES - Pike Road, AL – November 12, 2009
Mark Dauber and John Stanley, CCIM have transacted the sale of a 6.95 acre parcel of land fronting Vaughn Road in Pike Road, AL. The Seller was Gil Gilder, III and the name of the Buyer is undisclosed. The sales price was $200,000.00 ($.66/S.F.). The Property was purchased for future development. |
SOLD - 6 Single Family Residential Lots, Montgomery, AL - November 6, 2009
Mark Dauber has completed the sale of six (6) residential lots in the Mullis Creek subdivision. The upscale community is located off of Chantilly Parkway, and represents a continuing element of the absorption of available residential inventory in the Montgomery/Pike Road market. |
SOLD – 80.14 Acres, Waugh, AL – September 28, 2009
John Stanley, CCIM has represented Waugh Properties, L.L.C. in the sale of 80.14 acres of rural property on U.S. Hwy 80 in Waugh, AL. The Buyer intends to use the property for recreational purposes. The sales price was $280,000 ($3,495/Ac.).
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SOLD – Cawfield Subdivision – Pike Road, AL – September 24, 2009
John Stanley, CCIM has sold twenty-four (24) single family residential lots located in Cawfield Plat No. 1. The Seller was PFM Development Company, LLC and the Buyer was DuBose Corporation. The sales price is undisclosed.
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SOLD - 750 Fairview Avenue, Montgomery, AL - September 17, 2009
Nim Frazer, SIOR represented Circle "S" Industries, Inc. in the sale of a 1.72 acre site located at the NE corner of I-65 and Fairview Avenue. The property was purchased by the City of Montgomery and will be developed as a city park. The sale price was $380,000.00.
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SOLD - ± 25.7 Acres, Montgomery, AL – September 15, 2009
John Stanley, CCIM has represented Ratliff Partners, L.L.C. in the sale of ± 25.7 Ac. to New Park Development Company, L.L.C. The property will be an addition to New Park, Montgomery’s newest residential development located off Ray Thorington Road in east Montgomery. The sales price is undisclosed. |
SOLD – 18 Parcels of Land, Montgomery, AL – August 28, 2009
Lee Meriwether, CCIM recently represented Jackson Hospital & Clinic in the purchase of eighteen (18) parcels of land for the expansion of its campus.
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SOLD – 17.70 Acres – Autauga County – August 12, 2009
Lee Meriwether, CCIM recently represented Gateway Construction Corporation in the purchase of ± 17.70 acres of land in Autauga County. The sale price was $1,062,000 or $60,000 per acre. The property will be developed as a multifamily community.
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SOLD – Woodmere Boulevard, Montgomery, AL – June 12, 2009
John Stanley, CCIM has represented Woodmere Acquisition Co., LLC in its purchase of 41,985 S.F. of land for the future expansion of Alabama Orthopedic Specialists (AOS) office and medical headquarters. This property will enhance and expand the AOS Montgomery Campus located at the corner of Lomac Street and Woodmere Boulevard. The property is zoned O-1. The sale price was $272,902.00 ($6.50 S.F.) |
SOLD - Kershaw Boulevard, Montgomery, AL - May 28, 2009
Lee Meriwether, CCIM recently completed the sale of Lot #5 located on Kershaw Boulevard. The lot is approximately 36,590 S.F. and sold for $105,000.00 or $2.87/S.F |
SOLD – 12 Acres East Blvd and East Shirley Lane - April 28, 2009
Lee Meriwether, CCIM recently completed the sale of + 12 acres on the East Boulevard. The property has 60 feet of frontage on the East Boulevard and 230 feet of frontage on East Shirley Lane. The property is zoned B-2 and B-5. The sales price was $245,000. |
SOLD - Lowe's Outparcel, Wetumpka, AL - Dec 30, 2008
John Stanley, CCIM has represented MAX Credit Union in its purchase of an outparcel located at on US 231 in Wetumpka, AL. The outparcel consists of 97,004 S.F. and will be developed as a MAX branch office. The property is zoned B-2 (Business). The sales price was $1,358,056($14/S.F.). |
SOLD - Halcyon Summit Office Lot, Montgomery, AL - Dec 29, 2008
John Stanley, CCIM has represented Harmon Holdings, LLC with the acquisition of a 48,107 S.F. office lot located on Halcyon Summit Drive. The lot will be developed by Dr. Chris Harmon for medical office use specializing in dermatology. The Seller was Sevier Dabbs Properties, LLC. The sales price was $396,882 ($8.25/S.F.).
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SOLD - Mitylene Office Park, Montgomery, AL - Dec 12, 2008
John Stanley, CCIM and Nim Frazer, SIOR have completed the sale of two (2) office lots totaling 74,876 S.F. at Mitylene Office Park, located off Taylor Road. The Seller was Mitylene Development, Inc. and the Buyer was YB East Montgomery, LLC. Both lots will be developed as a single use 12,000 S.F. medical office building. The sales price was $542,851 S.F. or $7.25/S.F. |
SOLD - McDonald's, Montgomery, AL - Dec 3, 2008
John Stanley, CCIM has completed the sale of a McDonald’s restaurant located at the corner of Eastchase Parkway and Chantilly Parkway. The sales price of $1,585,000 represents a 6.3 cap rate based on the terms of a twenty (20) year ground lease. The Seller was 3T, LLC. The name of the Buyer is undisclosed. |
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In The Spotlight
Halcyon Pointe - Phase I & II located off I-85 at Taylor Road (Exit 9), this three-story, state of the art, Class A, 75,000-SF office building...
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 This months featured property is located at Perry Hill Road and I-85 (Exit 4)...
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