Description of this article
John Stanley, CCIM has represented Jere L. Beasley, Sr. in the sale of a ± 14.06 acre parcel located on Ray Thorington Road, Montgomery, AL. The Buyer was Christ Methodist Church. The sales price was $360,000.00 ($25,604.00/acre).
John Stanley, CCIM has represented the Raymond Boykin Family Partnership, et al in the sale of ± 342.44 acres located on Ray Thorington Road, Montgomery, AL. The property is zoned for single family and multifamily use. The Purchaser is Heritage Homes Development, Inc. The sales price was $2,800,000.00 ($8,176.61/AC.).
John Stanley, CCIM and Lee Meriwether, CCIM have transacted the sale of ± 198.68 acres located on Ray Thorington Road, Montgomery, AL. The Seller was Raymond Boykin Family Partnership, L.P. and the Buyer was Sidhu Farms, LLC. The sales price was $1,192,080.00 ($6,000/AC.).
John Stanley, CCIM has represented The Estate of Ida Belle Young in the sale of ± 11.78 acres located on East Boulevard, Montgomery, AL. The property is zoned B-3 (Commercial). The Buyer was Sun-Beach Investments Co. The sales price was $370,000.00 ($0.72/S.F.).
John Stanley, CCIM has represented Schilleci Distribution Property, LLC in the sale of a ± 3.9 acre parcel located on East Boulevard, Montgomery, AL. The property is zoned B-3 (Commercial). The Buyer was Sun-Beach Investment Co. The sales price was $90,000.00 ($.53/S.F.).
John Stanley, CCIM has represented Hemangkumar Padhiar in the sale of ± 9.54 acres located on East Boulevard, Montgomery, AL. The property is zoned B-3 (Commercial). The Buyer was The Segev Irrevocable Trust. The sales price was $700,000.00 ($1.68/S.F.).
Lee Meriwether, CCIM has recently completed the sale of ±14.64 acres of vacant land along Carmichael Road in Montgomery, Alabama. The Property was zoned B-2 at the time of the Sale. The Sales price was $2,041,049.60 or $3.20/S.F. The Seller was FHM Company, LLLP and the Buyer was UpFront Properties, LLC. The property will be developed as a new car dealership.