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SOLD - BUSINESS LOT, MONTGOMERY, AL., AUGUST 30, 2018

John Stanley, CCIM has represented Henry Fuqua in the sale of a 32,226 S.F. lot located on Kessinger Drive, Montgomery, AL.  The name of the Buyer is undisclosed.  The sales price was $161,130.00 ($5.00/S.F.).


SOLD - 2 COMMERCIAL LOTS ON MALCOLM DRIVE, MONTGOMERY, AL. AUGUST 22, 2018

Lee Meriwether, CCIM recently represented Rialto, Inc. in the sale of two (2) Commercial (B-3) lots located at3712 and 3724 Malcolm Drive in Montgomery, Alabama.  The sales price was $135,000.00 ($1.92/S.F.) for both lots. 


SOLD - ± 2.86 ACRE LOT, PIKE ROAD, AL. JULY 31, 2018

Mark Dauber has represented Gil Gilder, et al in the sale of a ± 2.86 acre lot located at the NW corner of Vaughn Road and Pike Road in Pike Road, AL.  The lot is zoned B-2; the intended use is a convenience store / service station facility.  The Buyer is Lion’s Pride Market, Inc.  The sales price was $900,000.00 ($7.22/S.F.).

SOLD - ± 1.3 ACRE LOT, MONTGOMERY, AL., JULY 30, 2018

John Stanley, CCIM has represented A.J. McLemore Development Properties, LLC in the sale of a ± 1.3 acre lot located at the intersection of Wares Ferry Road and McLemore Road, Montgomery, AL.  The Buyer is Dennis Padhiar, et al. The lot will be developed as a service station and convenience store facility.  The sales price was $160,000.00 ($2.81/S.F.).


SOLD - DOWNTOWN PROPERTIES, MONTGOMERY, AL. MAY 25, 2018

Mark Dauber has represented John Tampa, D/B/A Montgomery Water Works, LLC, in the purchase of 22 Bibb Street known as the historic Murphy House (± 14,400 S.F.) and 116 Coosa Street (± 56,000 S.F.).  The Seller was The Water Works and Sanitary Sewer Board of the City of Montgomery.  The sales price was $2,400,000.00.  Both properties will soon be renovated as a five-star “boutique hotel” and “destination restaurant”.