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SOLD – TWO (2) OUTPARCELS, PIKE ROAD, AL. AUGUST 19, 2021

Mark Dauber has represented TVM Investment Properties, LLC in the sale of two (2) outparcels located at THE SHOPS AT PIKE ROAD in Pike Road, Alabama.  Lot 2 consists of ± 40,840 S.F. and sold for $653,440 ($16.00/S.F.).  Lot 3 consists of ± 44,994 S.F. and sold for $719,904 ($16.00/S.F.).  The Buyer of both lots was San Marcos Mexican Restaurant- Pike Road, Inc.


SOLD – CHURCH PROPERTY, MONTGOMERY, AL. MAY 21, 2021

John Stanley, CCIM has represented 2.42 Church, Inc. in the purchase of property located at 415 Perry Hill Road in Montgomery, Alabama.  The property consists of an existing ± 3,520 S.F. church located on ± 1.47 acres.  The Seller was Welch College.  The sales price was $225,000.00 ($63.92/S.F.).


SOLD – ± 19.38 ACRES, EASTCHASE LANE, MONTGOMERY, AL. MAY 12, 2021

Lee Meriwether, CCIM recently represented Grantham Land Company, LLC in the purchase of ± 19.38 acres of land along EastChase Lane in Montgomery, Alabama.  The property was zoned PUD at the time of the sale and will be developed as a gated upper end residential neighborhood.  The sales price was $667,120.00 or $34,423.00 per acre.


SOLD – VACANT BUSINESS LOT, MONTGOMERY, AL. APRIL 21, 2021

Lee Meriwether, CCIM recently represented Fred and Todd Henderson in the sale of a vacant lot located at 3630 Malcolm Drive in Montgomery, Alabama.  The lot is ± 56,191 square feet, zoned B-3, and sold for $100,000.00 ($1.78/S.F.). 


SOLD – ± 37.5 ACRES, MILLBROOK, AL. MARCH 15, 2021

John Stanley, CCIM has represented SMB Land, LLC in the purchase of ± 37.5 acres located on Grandview Road, Millbrook, AL.  The property will be developed for single family residential use. The Seller was RMC & C Joint Venture, LLC. The sales price was $689,000.00 ($18,375.00/acre).