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 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 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).