Lee Meriwether, CCIM has represented Avadian Credit Union in the sale of ± 2.31 Acres located at 4135 and 4143 Atlanta Highway in Montgomery, AL. The Property was zoned B-2. There were two (2) buildings on the Property that will be demolished for a new development. The Property sold for $650,000.00 or $6.46/S.F.
John Stanley, CCIM has represented Flatiron Farms, LLC in the purchase of ± 56.89 acres, with an existing house, located at 3620 Marler Road, Pike Road, Alabama. The Sellers were Ray and Jeanie Shaw. The sales price was $800,000.00 ($14,062.22/AC.).
John Stanley, CCIM has represented McLemore Plantation, Ltd. in the sale of ± 1.28 acres located on Wallahatchee Road, Pike Road, Alabama. The Buyer was The Water Works and Sanitary Sewer Board of the City of Montgomery. The property will be developed as a well site. The sales price was $38,400.00 ($30,000.00/AC.).