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Description of the Article


SOLD – MILLBROOK, ALABAMA- OCTOBER 15, 2015

Lee Meriwether, CCIM recently represented Saxon Land Development, LLC on the sale of a ±16,590 square foot retail/warehouse building and ±4.72 acres of land to Life Church, Inc.  The property is located at 1820 I-65 Service Road.  The sales price was $369,000.00.  Life Church will relocate to the property after substantial renovations are completed.

SOLD - ± 32.1 AC., PRATTVILLE, AL – October 9, 2015

John Stanley, CCIM has represented Spencer D. Swan, et al. in the sale of 32.1 acres located at the corner of Old Farm Lane and Rocky Mount Road, Prattville, AL. The Buyer is Southern District Extension Fund, Inc. The sales price was $1,500,000.00 ($46,730/Ac.).

SOLD – ± 24 ACRES, LEE COUNTY, ALABAMA- JULY 31, 2015

Lee Meriwether, CCIM currently represented the Alabama Department of Transportation in the purchase of ± 24 Acres located along Hwy 280 in Lee County, Alabama.  The terms of the sale are undisclosed.

SOLD – ± 230 AC., MOBILE HWY., MONTGOMERY, AL – May 24, 2015

John Stanley, CCIM has represented Arthur E. Marxer, et al. in the sale of 229.9 acres located at 6350 Mobile Hwy. (U.S. Hwy. 31) to The Water Works and Sanitary Sewer Board of the City of Montgomery.  The property is zoned  M-3.  The sales price was $688,000 ($3,000/Ac.).

SOLD – 5.61 AC., SOUTH ARROWHEAD DR., MONTGOMERY, AL – March 19, 2015

John Stanley, CCIM has represented A.J. McLemore Development Properties, LLC in the sale of a 5.61 acre parcel located on South Arrowhead Dr., off Atlanta Hwy.  The property is zoned B-3. The sales price was $370,000 ($1.51/S.F.). The name of the Buyer is undisclosed.