Lee Meriwether, CCIM recently completed the sale of four (4) lots located at 1114 So. Decatur Street and 478, 486 and 494 Cramer Avenue in Montgomery, Alabama. The lots are zoned M-1 and all together totaling ± 39,959 square feet. The Sales price was $248,000.00 or $6.21/S.F. The Seller was Betty Morgan and the Buyer was ASU Board of Trustees.

John Stanley, CCIM has represented TLG #1, LLC in the purchase of the Dollar General located at 19152 AL Highway 22E in Plantersville, Alabama. The property consists of a 10, 566 S.F. free-standing Dollar General on a 2.5 acre parcel. The Seller was the Broadway Group, LLC. The Sales price was $1,688,500.00 (7.05 cap rate).

Lee Meriwether, CCIM and John Stanley, CCIM recently completed the sale of a ± 1.63 Acre commercial lot located at the corner of Chantilly Parkway and Chantilly Parkway Place in Pike Road, Alabama. The Sales price was $639,666.00 or $9.00/S.F. The property is zoned B-2. The Seller was Pelham, et al and the Buyer was Marion Community Bank. The Site will be developed as Marion Community Bank’s first location in Pike Road, Alabama.

Lee Meriwether, CCIM has recently completed the sale of 350 No. McDonough Street and 314 Columbus Street in Montgomery, Alabama, which has been the former location of Tucker Pecan Company, since the 1950’s. The Seller was CMT Enterprises, LLC and the Buyer was Equal Justice Initiative. The Sales price was $425,000.00