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 Cross Gate, LLC in the sale of a ± 1.37 acre lot located on Chantilly Parkway, Pike Road, AL. The Buyer was Pike Road Dental Properties, LLC. The property will be developed by the Buyer as the future location of Pike Road Pediatric Dentistry and Family Orthodontics. The sales price was $418,110.00 ($7.00/S.F.).
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.).
Lee Meriwether, CCIM recently completed the sale of a ±3,745 square foot office building located at 4241 Lomac Street in Montgomery, AL. The sales price was $325,000.00 or $87.00/S.F. The Seller was James Hampton and the Buyer was 4241 Lomac Street, LLC.