Description of this article
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.).
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 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.
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 and John Stanley, CCIM have transacted the sale of a ± 22,171 S.F. lot zoned O-1 located at 266 Winton Blount Loop in Montgomery, Alabama. The Buyer was East Montgomery Cardiovascular Properties, LLC. The sales price was $155,000.00 ($7.00/S.F.).
John Stanley, CCIM has represented Montgomery East, Inc. in the sale of a ± 37,500 S.F. lot located on North East Boulevard, Montgomery, AL. The Buyer is Premier Holdings, LLC. The property will be developed as a Popeye’s Restaurant. The sales price was $362,500.00 ($9.67/S.F.).
John Stanley, CCIM has represented the Dan H. Broughton Family Partnership, Ltd. in the sale of a ±43,306 S.F. lot located at the corner of Vaughn Road and Leavell Circle (Melrose Village) Montgomery, AL. The lot is zoned B-3 and will be developed for office use and a free-standing Ellianos Coffee. The Buyer was POS Properties, LLC. The sales price was $350,000.00 ($8.08/S.F.).