Description of this article
John Stanley, CCIM has represented the FDIC in the sale of a 59,730 S.F. lot on Chantilly Parkway, Pike Road, AL. The Buyer was Cross Gate, LLC. The sales price was $134,392.50 ($2.25/S.F.).
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.
Nim Frazer, SIOR has completed the sale of ± 20 acres of land off Vaughn Road, in Pike Road, AL. This 20 acres is located at the rear of a 113.9 acre tract fronting Vaughn Road. The sales price was $260,000.00. The property will be used for pasture by an adjacent land owner and is zoned for agriculture use.