Description of the Article

SOLD – Williams Road, Wetumpka, AL – October 28, 2014

Lee Meriwether, CCIM has represented Branch Banking and Trust in the sale of a 23,640 S.F. warehouse building and 2.97 acres of land located on Williams Road in Wetumpka, Alabama. The property is zoned Agriculture. The terms of the sale are undisclosed.

SOLD – 30.06 Ac., Chapel Rd., Wetumpka, AL– February 26, 2014

John Stanley, CCIM has represented AmeriFirst Bank in the sale of two (2) parcels of land totaling 30.06 acres located on Chapel Road and Gossom Switch Road, Wetumpka, AL. Both parcels are adjacent to the existing Chapel Lakes Apartments and both are zoned R-4 (multi-family). The Buyer is Chapel Lakes Two, LLC. The sales price was $600,000 ($19,953/Ac.)

SOLD – 405 East Blvd. Montgomery, AL – December 27, 2013

John Stanley, CCIM has represented Synovus Bank in the sale of a former car and truck dealership property located at 405 East Blvd., Montgomery, AL. The property consists of a ± 39,864 S.F. building on ± 7.39 acres and is zoned B-3. The Buyer was Pavilion Investment Company, LLC. The sales price was $720,000.

SOLD – ± 25 Acres, Millbrook, AL – September 12, 2013

Lee Meriwether, CCIM recently represented Aliant Bank in the sale of a ± 25 Acre parcel of land zoned Multifamily located in Millbrook Alabama. About half of the property was located in a wetlands area. The Buyer was Inscoe Properties, LLC. The sales price was $200,000.00.

SOLD – Two (2) Lots, Auburn, AL – August 9, 2013

John C. Stanley, CCIM has represented MAX Credit Union in the purchase of two (2) lots totaling 72,166 S.F. located at 336-340 No. Gay St. in Auburn, AL. The total sales price was $918,000 representing a price of $12.72/S.F. Both lots will be developed as a MAX Credit Union facility.