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BUYER: 951 Holdings Corp. (principal: Najeeb Ullah), Naples
SELLER: A L Subs Inc.
PROPERTY: 8901 Davis Blvd., Naples
PRICE: $2.35 million
PREVIOUS PRICE: $1.6 million, May 2001
BUYER: W Corp Holdings of Collier Inc. (principal: Najeeb Ullah), Naples
SELLER: A.L. Petroleum Inc.
PROPERTY: 8900 Davis Blvd. and vacant industrial land, Naples
PRICE: $2.25 million
PREVIOUS PRICE: $546,000, October 1995, and $150,000, August 1996
LAW FIRM ON DEED: Joseph M. Balocco PA, Fort Lauderdale
PLANS, DESCRIPTION: Naples businessman Najeeb Ullah purchased two adjacent gas stations at the corner of Collier Boulevard and County Road 856 for $4.6 million.
The price equated to $949 per square foot.
According to the CoStar Group, the property included a 26-year-old, 2,737-sqaure-foot BP station and a 2,112-square-foot Mobile station. Ullah says both properties were put up for sale by the same owner and that he has no plans to change their operations.
He currently owns a BP station at 861 Bald Eagle Drive, Marco Island.
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