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SOLD – ±340.82 ACRES, VAUGHN ROAD, PIKE ROAD, AL. JANUARY 13, 2023

SOLD – ±340.82 ACRES, VAUGHN ROAD, PIKE ROAD, AL. JANUARY 13, 2023

John Stanley, CCIM has represented McLemore Plantation, LTD in the sale of ± 340.82 acres located on Vaughn Road in Pike Road, Alabama.  The property was purchased by Lowder New Homes, Inc. for the development of a single family residential neighborhood.  The sales price was $1,448,900.00 for ±134.23 developable acres ($10,794/developable acre).