Lee Meriwether, CCIM recently completed the sale of a ± 1,652 S.F. office building located at 2410 Cobbs Ford Road, Millbrook, AL. The property is zoned C-2 (General Commercial). The sales price was $231,500.00 or $140.13 per square foot. The Seller was Gregg Hollon and the Buyer was Byrd Property Holdings, LLC.

Lee Meriwether, CCIM recently sold a vacant lot located at 1195 Highway 14, Millbrook, Alabama.  The lot was zoned B-2 and totaled ± 58,370 S.F. (± 1.34 Acres) of usable land.  The Sales Price was $665,000.00 or $11.39/S.F.  The property is to be developed as an Express Oil Change.

John Stanley, CCIM has represented SMB Land, LLC in the purchase of ± 37.5 acres located on Grandview Road, Millbrook, AL.  The property will be developed for single family residential use. The Seller was RMC & C Joint Venture, LLC. The sales price was $689,000.00 ($18,375.00/acre).  

Lee Meriwether, CCIM recently represented First Community Bank of Central Alabama in the sale of a ± 1.3 Acre lot fronting Highway 14 in Millbrook, Alabama. The site is adjacent to Rural Urgent Care and will be developed as a Taco Bell – the first in the Millbrook area.  The sales price was $485,000.00. 

John Stanley, CCIM has represented Branch Banking and Trust Company in the sale of a former branch bank located at 3390 AL. Hwy. 14 in Millbrook, Alabama.  The building consists of ± 5,679 S.F. and the lot is ± 1.55 AC.  The property is zoned C-1 (Commercial).  The sales price was $504,000.00.

Lee Meriwether, CCIM recently completed the sale of a commercial lot on Alabama Hwy. 14 in Millbrook, Alabama.  The sales price was $500,000.00.  The lot will be developed as a Popeye’s restaurant.

John Stanley, CCIM has represented Spencer Swan, et al in the sale of a ± 1.17 acre commercial lot located at the N.W. corner of Cobbs Ford Road and AL. Hwy. 143 in Millbrook, AL.  The Buyer is WT2 Holdings, LLC.  The sales price was $110,000.00 ($2.16/S.F.).

John Stanley, CCIM has represented Charles E. Herron, Jr. in the purchase of ± 79.8 acres located on Grandview Road, Millbrook, AL.  The Seller was the City of Millbrook, AL.  The property will be developed by Stone Martin Builders as a single-family residential subdivision.  The sales price was $995,904.00 ($12,480.00/AC.).

John Stanley, CCIM and Betsy Echols with Realty Central have represented Tom and Janet McKinnon in the sale of ± 41.6 acres including a ± 4,200 S.F. antebellum home located at 2810 Tanglewood Drive, Millbrook, AL.  The Buyers are Griff and Katherine Bridell.  The sales price was $240,000.00.

Lee Meriwether, CCIM recently completed a lease transaction between Gregg Hollon, CPA (Lessor) and John D. Norris, Esq. (Lessee) for ± 1,652 square feet of office space located at 2410 Cobbs Ford Road in Millbrook, Alabama, 36054.  The terms of the lease are undisclosed.