VACANT LAND

SOLD - AutoZone, Montgomery, AL - Sep 10, 2008

John Stanley, CCIM has represented AutoZone Development Corporation in the purchase of a 25,000 S.F. outparcel at Festival Plaza on Vaughn Road. AutoZone will construct a 7,381 S.F. building on the parcel. The sales price of the outparcel was $ 425,000 ($17.00/S.F.).
 

SOLD – Office Lot, Montgomery, AL – May 6, 2008

Lee Meriwether, CCIM has completed the sale of a 1.46 acre lot zoned 0-1 on Ray Thorington Road near Wisdomwood Road.  The sales price was $397,762.50 or $6.25/S.F.
 

SOLD – Billingsley Place, Montgomery, AL – April 29, 2008

John Stanley, CCIM has completed the sale of two (2) business zoned (B-3) lots at Billingsley Place.  Lot 2A Blk B consists of 60,719 S.F. and sold for $12/S.F.  Lot 3, Blk B consists of 80,822 S.F. and sold for $12.75/S.F.  Both lots are proposed to be developed as a retail center.
 

SOLD – Montgomery Business Park – March 20, 2008

Lee Meriwether, CCIM recently completed the sale of two (2) lots located at the corner of Congressman Dickinson Drive and Newell Parkway at Montgomery Business Park.  The two (2) lots combined total + 125,550 S.F. and sold for $502,200.00 or $4.00/S.F.  Both lots are zoned B-3 and will be developed as a Flowers Bakery Distribution Center and Bread Store.
 

SOLD – Hwy 14 Prattville, AL – March 14, 2008

Lee Meriwether, CCIM recently completed the sale of a lot located at the corner of Hwy 14 and Jasmine Trail in Prattville, AL.  The lot is + 33,168 S.F. and sold for $265,000.00 or $7.00/S.F.  The lot is zoned B-2 and will be developed as the future office for Dr. Barry McNamara.
 

SOLD – Business Lot, Montgomery, AL – February 12, 2008

John Stanley, CCIM has represented Mitylene Development, Inc. in the sale of a 43,622 S.F. lot zoned B-2 at the corner of Atlanta Highway and Mitylene Park Lane in Mitylene Office Park.  The sales price was $436,622 ($10.00/S.F.).  The proposed use for this property is a pharmacy/drug store.
 

SOLD – Taylor Road, Montgomery, AL – January 24, 2008

Lee Meriwether, CCIM and John Stanley, CCIM have transacted the sale of a 40,875 S.F. business lot fronting Taylor Road in the Billingsley Place development.  The sales price was $490,500.00 or $12.00/S.F.  The site will be developed as a Big 10 Tire Store.
 

SOLD – 222 Acres Montgomery, AL – December 31, 2007

John Stanley, CCIM has represented the Seller in the sale of 222.7 acres of land on Taylor Road, Montgomery, AL.  The entire property is zoned Agr.-1.  The purchaser was Alfa Properties, Inc.  The sales price was $5,000,000.00 ($22,450/Acre).
 

SOLD – Office Lot, Montgomery, AL – December 20, 2007

Lee Meriwether, CCIM recently completed the sale of a 30,310 S.F. vacant lot on Woodmere Blvd.  The sales price was $212,170.00 or $7.00/S.F.  The property is zoned O-1 and will be developed as the home office of Kenneth White and Associates, Inc.
 

SOLD - Wetumpka, AL - December 7, 2007

John Stanley, CCIM has completed the sale of a 6.37 acre parcel of land located at the corner of Coosa River Parkway and Chapel Road in Wetumpka, AL. The Property sold for $475,000 ($1.71/S.F.) to Mullins Properties, LLC. The Seller was Watts Development Company, Inc.
 

SOLD – Office Lot, Prattville, AL – November 30, 2007

Lee Meriwether, CCIM recently completed the sale of a 25,027 S.F. vacant lot on Covered Bridge Parkway in the Covered Bridge Development.  The sales price was $95,000.00 or $3.80/S.F.  The Property is zoned B-1 and will be developed as a medical office.
 

SOLD – Millbrook Commons Outparcel, Millbrook, AL – November 12, 2007

Lee Meriwether, CCIM recently completed the sale of a 50,000 S.F. outparcel located in front of Millbrook Commons Shopping Center.  The sales price was $400,000.00 or $8.00/S.F.  The outparcel is zoned B-2.
 

SOLD – Office Lot, Millbrook, AL – October 19, 2007

John Stanley, CCIM, as an agent for the Seller, has transacted the sale of a 48,249 S.F. office lot on Monument Drive in Millbrook, AL.  The Seller was Max Federal Credit Union and the Buyer was The Alabama Masonic Home.  The sales price was $337,743.00 ($7.00/S.F.).  The property is proposed to be developed as a future state office headquarters facility for The Grand Lodge of Free and Accepted Masons of Alabama.
 

SOLD – Office Lot, Prattville, AL – October 10, 2007

Lee Meriwether, CCIM recently completed the sale of a 32,055 S.F. vacant lot on Old Farm Lane in the Covered Bridge Development, Prattville, AL.  The sales price was $145,000.00 or $4.52/S.F.  The property is zoned B-2 and will be developed as a veterinary clinic.
 

SOLD – Office Lot, Prattville, AL – September 28, 2007

Lee Meriwether, CCIM recently completed the sale of a 37,500 S.F. vacant lot on McQueen Smith Road in Prattville, AL.  The sales price was $281,269.00 or $7.00/S.F.  The lot is zoned B-3 and will be developed as a medical office building.
 

SOLD – Ten (10) Acres, Pike Road, AL – August 23, 2007

John Stanley, CCIM has sold ten (10) acres of commercial property located in Pike Road, AL.  The property fronts 695 feet along U.S. 231 South.  The sales price was $95,000.00 or $9,500.00/Ac.
 

SOLD – Boyd-Cooper Parkway, Montgomery, AL – August 22, 2007

John Stanley, CCIM has represented Boyd Investments, LLC in the sale of a 31,635 S.F. lot located on Boyd-Cooper Parkway, Montgomery, AL.  The property is zoned B-2 and sold for $11.00/S.F.  The Buyer plans to develop the property as an office building.
 

SOLD – 3.51 Ac., Prattville, AL – August 20, 2007

John Stanley, CCIM has transacted the sale of a 3.51 Ac. parcel of land located at the northwest corner of the intersection of U.S. Highway 82 and AL Highway 14 in Prattville, AL.  The property is zoned B-2 and will be developed for retail/commercial use.  The sales price was $900,000.00 or $5.88/S.F.
 

SOLD – 3.204 Acres, Montgomery, AL – August 1, 2007

John Stanley, CCIM has represented The Health Care Authority of Baptist Health in the sale of a 3.204 acre parcel of land located on Narrow Lane Road, Montgomery, AL.  The Buyer was Signet Healthplex of Montgomery, LLC.  The property will be developed as medical/hospital use.  The sales price was $350,000.00 or $2.50/S.F.
 

SOLD – 3.44 Acres – Vaughn Road, Montgomery, AL – July 24, 2007

Mark Dauber announces the sale of 3.44 Acres fronting Vaughn Road near the intersection of Pike Road for a price of $8.00 per square foot.  The property is part of the Lochshire development and is zoned PUD.  The purchaser expects to begin construction within thirty (30) days of a Convenience Store and Gas Station under the trade name “Z-Tech”.  The development will compliment the new CVS store in the same community and is another indicator of the rapid growth taking place in the area.
 
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Disclaimer

All information is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, or other conditions, such as prior sales or withdrawal without notice by John Stanley & Associates or the Clients, or Affiliates.

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