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.

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.). 

John Stanley, CCIM has represented the William Howard Murfee Trust in the sale of ± 52.72 acres located at the corner of U.S. Hwy 82 and McQueen Smith Road, Prattville, AL.  The property consists of ± 36 usable acres and is zoned R-3.  The property will be developed for single family residential use.  The sales price was $537,500.00.  The Buyers were Lee Audis, LLC and L. Audis Land, LLC.

John Stanley, CCIM has represented FSEB, LLC in the sale of ± 9.6 acres located on East Boulevard, Montgomery, AL.  The Buyer is H.K. Padhiar.  The property is zoned B-3 (Business) and will be developed by the Buyer.  The sales price was $400,000.00 ($1.00/S.F.)