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Description of the Article


SOLD – ± 1.61 ACRES, INTERSTATE COMMERCIAL PARK LOOP, PRATTVILLE, AL. JUNE 15, 2023

Lee Meriwether, CCIM has recently represented Laxmi Vishnu, LLC in the sale of ± 1.61 Acres located on Interstate Commercial Park Loop in Prattville, AL.  The Buyer was Blue Ocean Real Estate Holdings, LLC.  The Property will be developed as a Hotel.  The Sales Price was $680,000.00 or $9.71/S.F.


SOLD –MELROSE VILLAGE LOT, 8428 VAUGHN ROAD, MONTGOMERY, AL. APRIL 6, 2023

John Stanley, CCIM has represented the Dan H. Broughton Family Partnership, Ltd. in the sale of a ±43,306 S.F. lot located at the corner of Vaughn Road and Leavell Circle (Melrose Village) Montgomery, AL.  The lot is zoned B-3 and will be developed for office use and a free-standing Ellianos Coffee.  The Buyer was POS Properties, LLC.  The sales price was $350,000.00 ($8.08/S.F.).


SOLD – QSR PROPERTY, MONTGOMERY, AL. MARCH 20, 2023

John Stanley, CCIM has represented Mitzi Lane Holladay in the sale of a former Arby’s restaurant located at 3853 Atlanta Highway, Montgomery, Alabama.  The property consists of a ± 1,837 S.F. building on a ± 30,250 S.F. lot.  The Buyer was Hui Xing, Inc.  The sales price was $382,500.00 ($208.22/S.F.).


SOLD – CONVENIENCE STORE/SERVICE STATION, MONTGOMERY, AL, NOVEMBER 30, 2022

John Stanley, CCIM has represented Montgomery Properties 1, LLC in the sale of a convenience store/service station located at 3001 McGehee Road, Montgomery, AL.  The Buyer was Gas Express, LLC.  The Sales Price was $3,500,000.00.


SOLD – CONVENIENCE STORE/SERVICE STATION, MONTGOMERY, AL., NOVEMBER 30, 2022

John Stanley, CCIM has represented McLemore & Wares Ferry Road, LLC in the sale of a convenience store/service station located at 2111 McLemore Road, Montgomery, AL.  The Buyer was G X Development, LLC.  The Sales Price was $3,700,000.00.