Description of the Article
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.).
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.
Mark Dauber, Associate Broker, is pleased to announce the listing and subsequent sale of approximately 38.7 acres of agricultural land on Felder Road. The Seller was Mills Thornton and Priscilla Condon and the Buyer is Ed Frazier. The sales price was $100,000.00 ($2,585/AC.).
John Stanley, CCIM has represented the Ida Belle Young Revocable Trust in the sale of ± 9.72 acre parcel of land located at 4525 Vaughn Road, Montgomery, AL. The Buyer is Clarence M. Ball, Jr. The sales price was $360,000.00 ($37,030/AC.).
Lee Meriwether, CCIM has recently completed the sale of ± 2 acres of land at the southeast corner of I-65 and Cobbs Ford Road, Exit #179. The sales price was $813,892.00. The property was zoned B-2 and will be developed as a Spring Hill Suites by Marriott.