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SOLD – 882, 884 & 886 PLANTATION WAY, MONTGOMERY, AL. AUGUST 30, 2017

Lee Meriwether, CCIM completed the sale of a multi-tenant office/warehouse building located at 882, 884 and 886 Plantation Way in Montgomery, Alabama. The building size was ± 20,504 S.F.; the lot size was ± 1.34 acres and zoned M-1. The Seller was Regions Bank and the Buyer was Capital Real Estate Holdings, LLC. The sales price was $450,000.00 ($21.93 S.F.).

SOLD – COBBS FORD ROAD, MILLBROOK, AL. AUGUST 25, 2017

Lee Meriwether, CCIM has recently completed the sale of ± 2 acres of land at the southeast corner of I-65 and Cobbs Ford Road, Exit #179. The sales price was $813,892.00. The property was zoned B-2 and will be developed as a Spring Hill Suites by Marriott.

SOLD - ± 10.57 AC., ZELDA ROAD, MONTGOMERY, AL. JULY 31, 2017

John Stanley, CCIM has represented The Most Worshipful Grand Lodge of Free and Accepted Masons of the State of Alabama in the sale of a ± 10.57 acre parcel located on Zelda Road, Montgomery, AL. The Buyer is the Montgomery Academy. The sales price was $600,000.00 ($56,765/ac.).

SOLD - ± 1.30 AC. LOT, EASTCHASE PARKWAY, MONTGOMERY, AL. JULY 17, 2017

John Stanley, CCIM has represented Milo’s RE II – Montgomery Eastchase, LLC in the sale of a ± 1.30 acre lot located at 8739 Eastchase Parkway, Montgomery, AL.   The usable S.F. of the lot is 43,107 S.F.  The Buyer is DLC Properties, LLC.  The sales price was $560,000.00 ($13.00/usable S.F.).


SOLD - 321 NO. LAWRENCE ST., MONTGOMERY, AL. JULY 12, 2017

John Stanley, CCIM has represented the Montgomery Area Council on Aging (MACOA) with the purchase of the property located at 321 No. Lawrence St.   The site consists of 16,117 S.F. and is zoned Smart Code.  The existing structure will eventually be demolished by MACOA.  The sales price was $140,000.00 ($8.68/S.F.).