Description of this article
John Stanley, CCIM has represented Flatiron Farms, LLC in the purchase of ± 56.89 acres, with an existing house, located at 3620 Marler Road, Pike Road, Alabama. The Sellers were Ray and Jeanie Shaw. The sales price was $800,000.00 ($14,062.22/AC.).
John Stanley, CCIM has represented McLemore Plantation, Ltd. in the sale of ± 1.28 acres located on Wallahatchee Road, Pike Road, Alabama. The Buyer was The Water Works and Sanitary Sewer Board of the City of Montgomery. The property will be developed as a well site. The sales price was $38,400.00 ($30,000.00/AC.).
John Stanley, CCIM has represented McLemore Plantation, LTD in the sale of ± 340.82 acres located on Vaughn Road in Pike Road, Alabama. The property was purchased by Lowder New Homes, Inc. for the development of a single family residential neighborhood. The sales price was $1,448,900.00 for ±134.23 developable acres ($10,794/developable acre).
John Stanley, CCIM has represented McClurkin Family, LLC in the sale of ± 85.64 acres located on Vaughn Road in Pike Road, Alabama. The Buyer was Lowder New Homes, Inc. for the development of a single family residential neighborhood. The sales price was $1,027,680.00 ($12,000.00/AC).