Description of the Article
Lee Meriwether, CCIM and John Stanley, CCIM have transacted the sale of a ± 37,500 S.F. lot located on McQueen Smith Road, Prattville, AL. The lot is zoned B-2 (Business). The Sellers were George L. Beck and Carlotta Beck. The Buyer is T.M. Properties II, L.L.C. The sales price was $260,000.00 ($6.93 / S.F.).
John Stanley, CCIM has transacted the sale of a ± 80 acre parcel of rural timber land located in Autauga County, AL. The Seller was Branch Banking & Trust (BB&T) and the Buyer is Charles E. Herron, Jr. The sales price was $40,000.00 ($500.00/AC.).
John Stanley, CCIM has represented Healthstone Properties Montgomery, LLC in the sale of a ± 15,098 S.F. office complex situated on ± 3.56 acres located at 2629-2641 East Blvd. The Buyer is East Boulevard Investments, LLC. The sales price was $650,000.00 ($43.05/S.F.).
Lee Meriwether, CCIM recently represented First Community Bank of Central Alabama in the sale of a commercial lot on Highway 14 in Millbrook, AL. The site is located across from the Walmart Supercenter and the sales price was $185,000.00.
Nim Frazer, SIOR recently completed the sale of a ±110,000 S.F. warehouse building, located on ± 27 acres located at 3630 Capitol Plaza Dr., Montgomery, AL. The lot is zoned M-3 The Seller was Billie Claire Watson Mangum. The Buyer is Waste Recycling, Inc. The sales
price was $800,000.00 ($7.27/S.F.).