Description of the Article
Lee Meriwether, CCIM recently completed the sale of a ± 1.38 Acre commercial lot at the corner of Cobbs Ford Road and South Edgewood Drive in Millbrook, AL. The lot was zoned C-2. The sales price was $175,000.00.
John Stanley, CCIM has represented 303 Samford Avenue, LLC, in the sale of a 3,275 S.F. office building located at 504 South Perry Street in Montgomery, AL. The Buyer is Alexander Shunnarah, LLC. The sales price was $312,500.00 ($95.42/S.F.).
Lee Meriwether, CCIM and Nim Frazer, SIOR have sold a ± 1.20 acre lot located on Taylor Road, Montgomery, AL. The Seller was RL REGI II Alabama, LLC. The Buyer is Jong IL Kim. The sales price was $175,000.00 ($3.35/S.F.).
John Stanley, CCIM has represented Sapphire Real Estate, LLC, d/b/a Physicians Choice Dialysis, in the purchase of a ± 1.31 ac. lot located at the corner of Atlanta Hwy. (U.S. 80) and Decker Lane, Montgomery, AL. The Seller was Hammer, LGC, Inc. The sales price was $360,000.00 ($6.31/S.F.).
Lee Meriwether, CCIM and John Stanley, CCIM represented Michael Windham in the sale of ± 9.7 acres located on North East Blvd., to the City of Montgomery. The sales price was $35,000.00. The property will be used to expand the City’s Lagoon Park.