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SOLD – ± 10.37 Ac., Chantilly Parkway, Montgomery, AL – September 12, 2013

John Stanley, CCIM has represented AP Montgomery, L.L.C. in the purchase of a ± 10.37 acre parcel of land located on Chantilly Parkway, just off I-85 at Exit 11. The property will be developed as a 13- screen Carmike Cinemas. The Seller was Trum, L.L.C. The sales price was $1,845,795 ($4.10/S.F.).

SOLD – ± 427 Ac., Opelika, AL– August 22, 2013

John C. Stanley, CCIM has represented BB&T in the sale of a ± 427 acre parcel of undeveloped land located at the corner of Gateway Drive and Marvyn Parkway, Opelika, AL. The property is zoned PUD and will be developed for residential and commercial use. The Buyer was Opelika Gateway Properties, LLC. The sales price was $1,538,546.40 ($3,600/Ac.).



SOLD – Lot on AL Hwy 14, Prattville, AL – August 14, 2013

John C. Stanley, CCIM has represented Standing Boy Properties, LLC in the purchase of a 76,230 S.F. lot located at the corner of Alabama State Hwy 14 and Malwest Drive in Prattville, AL. The property will be developed as a Burger King restaurant facility. The sales price was $905,000 ($11.87/S.F.).