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SOLD – OFFICE BUILDING, MONTGOMERY, AL. JANUARY 25, 2023

Lee Meriwether, CCIM has represented TSG Montgomery, LLC in the sale of a ± 6,787 S.F. office building located at 4216 Carmichael Road, Montgomery, AL 36106.  The three (3) story office building, with no elevator, was sold for $450,000.00 or $66.30/S.F.  The property was zoned B-2 and the building will undergo renovations and converted to a medical office.

SOLD – HIGHWAY 14, MILLBROOK, AL. JANUARY 18, 2023

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.

SOLD – ± 5.8 ACRES, McQUEEN SMITH ROAD, PRATTVILLE, AL. JANUARY 17, 2023

John Stanley, CCIM has represented HD & D Land Company, LLC in the sale of a ± 5.8 acre parcel located at the corner of McQueen Smith Road and U.S. Hwy. 82, Prattville, Alabama.  The parcel is zoned B-2 and will be developed as a climate controlled self storage facility.  The buyer was McQueen/82, LLC. The sales price was $924,947.00 ($3.66/S.F.).

SOLD – ± 2.87 ACRES, EASTCHASE PARKWAY, MONTGOMERY, AL. JANUARY 13, 2023

John Stanley, CCIM has represented Boyd Investments, LLC in the sale of a ± 2.87 acre parcel located on Eastchase Parkway, Montgomery, Alabama.  The parcel is zoned B-2.  The buyer was MBM 03, Inc.  The purposed use of the property is not determined.  The sales price was $1,250,000.00 ($10.00/S.F.).

SOLD – ± 85.64 ACRES, VAUGHN ROAD, PIKE ROAD, AL. JANUARY 13, 2023

John Stanley, CCIM has represented McClurkin Family, LLC in the sale of ± 85.64 acres located on Vaughn Road in Pike Road, Alabama.  The Buyer was Lowder New Homes, Inc. for the development of a single family residential neighborhood.  The sales price was $1,027,680.00 ($12,000.00/AC).