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Description of the Article


SOLD – ± 80 AC., LOWNDES COUNTY, AL – February 6, 2015

Mark Dauber has represented Ray Scott, Jr. in the sale of approximately 80 acres located at Bridge Creek in Lowndes County, AL.  The sales price was $280,000 ($3,500/Ac.).



SOLD – NO. LAWRENCE ST. LOT, Montgomery, AL – December 30, 2014

John Stanley, CCIM has represented Freida Luster Commercial Properties, LLC in the sale of a ± 59,705 S.F. parcel located at 500 No. Lawrence St. in downtown Montgomery. The Buyer was Alabama Power Company. The sales price was $700,000.00 ($11.72/S.F.).

SOLD – ± 3.06 Ac., Halcyon Summit Dr., Montgomery, AL – December 19, 2014

John Stanley, CCIM has represented Shared Services, LLC in its purchase of a ± 3.06 acre lot located in east Montgomery on Halcyon Summit Dr. The property will be developed as the future office for Oral and Maxillofacial Surgery Associates, P.C.  The Seller was Sevier Dabbs Properties, LLC.  The sales price was $834,360.19 ($6.25/S.F.).



SOLD – ± 1.50 ACRES, Montgomery, AL – November 17, 2014

Lee Meriwether, CCIM recently represented Rialto Capital in the sale of a ± 1.5 acre parcel of land located on Malcolm Drive (with frontage on Taylor Road) in Montgomery, Alabama. The parcel was purchased by The Broadway Group, LLC for the development of a Dollar General Store. The sales price was $385,000.00.

SOLD – ± 1.4 Ac., Montgomery, AL – November 7, 2014

John Stanley, CCIM has represented A.J. McLemore Development Properties, LLC in the sale of a ± 1.4 Ac. parcel located on Wares Ferry Rd., Montgomery, AL. The parcel was purchased by The Broadway Group, LLC for the development of a Dollar General retail store. The sales price was $125,000 ($2.06/S.F.).