Midtown Walgreens Sells for $6.1 Million (Real Deals)

by George Waldon  on Monday, Jul. 14, 2014 12:00 am  

Walgreens, 3901 W. Markham in Little Rock

The deal is backed with a $125,000 loan from Centennial Bank of Conway.

The 0.49-acre development previously was linked with a March 2012 mortgage of $225,000 held by First Security Bank of Searcy. The property was acquired for $150,000 in September 2010 from James Burge.

Pathfinder Gift

A 3,480-SF office building in Jacksonville was donated in a transaction valued at $180,000. Pathfinder Inc., led by Joan Zumwalt, received the 224 N. Bailey St. project from GEO II LLC, led by the J.C. George Revocable Trust.

The 0.24-acre property was purchased for $89,000 in May 1992 from Jacksonville Office Builders, led by Joseph James, James Davis, Robert McCrary and John Hale.

Canal Pointe Home

A 4,500-SF home in Little Rock’s Canal Pointe neighborhood changed hands in an $882,500 deal.

The Gunnar H. Gibson Revocable Trust acquired the house from the Bauer Revocable Trust, led by Julia Bauer Polk and David Bauer.

The home site was bought for $33,000 in December 1997 from Pleasant Valley Inc., led by Marion Burton.

Hickory House I

A 5,250-SF home in west Little Rock’s Hickory Creek neighborhood is under new ownership after a $774,923 foreclosure sale.

U.S. Bank of Cincinnati recovered the house from David Allan Schmidt. The bank obtained a $690,520 judgment in February against Schmidt.



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