Lake City land deal largest recent Craighead County property sale

by Talk Business & Politics staff ([email protected]) 417 views 

Mathews Cane Island LLC made the most significant residential and commercial property transfer in Craighead County, from Nov. 15 to Dec. 15, according to the Craighead County Assessor’s Office. The company spent $1.2 million on acres in Lake City. The deal was completed on Nov. 16.

Steve and Terri Cobb made the second most significant real estate purchase in the region during the period. They bought 160 acres in Bay for $1.2 million and the deal was completed on Nov. 16. There was also a sale of land between Mathews Cane Island and Steve and Terri Cobb for $462,500.

In the third largest transaction in the region, Imrie Investments LLC bought a warehouse on Commerce Drive. The deal was for $1.08 million and was completed Dec. 1.

The following are the other top transactions during the period in the county:

Transaction amount: $1.07 million
Seller: Mathieu and Katarzyna Forgues
Buyer: Alycia and Jeff Stroud
Sale date: Dec. 6
Address: N/A
Description: house

Transaction amount: $949,000
Seller: Robert Boyd Family Trust
Buyer: Benjamin and Lisa Nadeau
Sale date: Nov. 17
Address: N/A
Description: acres

Transaction amount: $900,000
Seller: RLW Properties LLC
Buyer: Industrial Destination LLC
Sale date: Nov. 30
Address: 1413 Market Place
Description: shopping center

Transaction amount: $885,000
Seller: Bradley and Francis Hawks
Buyer: Larry and Lynn Lovell
Sale date: Dec. 6
Address: Barrington Park
Description: house

Transaction amount: $875,000
Seller: John David Stump Inc.
Buyer: Cavenaugh Trust Properties LLC
Sale date: Nov. 30
Address: 3619 Stadium Boulevard
Description: retail store

Transaction amount: $815,000
Seller: Terry and Helen Huckabee Trust
Buyer: James and Paula Eaton
Sale date: Dec. 15
Address: Ridgepointe
Description: house

Transaction amount: $462,500
Seller: Mathews Cane Island LLC
Buyer: Steve and Terri Cobb
Sale date: Nov. 16
Address: N/A
Description: acres