Leonardtown, MD – December 2, 2024 – Hyatt Commercial announces the sale of 43150 Saint Andrews Church Road, a 178.9-acre parcel of rolling farmland. Southstar LLC, a subsidiary of Chaney Enterprises, sold the property off-market to James Hunt for $1,050,000. The deal closed in just 33 days.
This transaction served as a 1031 tax exchange for the buyer. The sale highlights the strong demand for quality agricultural land in the Leonardtown area. William Steffey, CRE, CCIM, EVP, and Tyler Wood of Hyatt Commercial represented the seller. Brian Mayer of EXP Realty represented the buyer.
“This deal underscores the strength of our market knowledge and ability to execute transactions efficiently, even in off-market situations,” said William Steffey of Hyatt Commercial. “The collaboration with Brian Mayer of EXP Realty ensured that both parties achieved their goals in this unique transaction.”
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