0 Butler Mill Rd, Lapine, AL 36046#

Lapine, AL 36046 | Montgomery County

Key Metrics#

MetricValue
Investment Score79/100
Asking Price$19,500
Acreage1.5 acres
Price/Acre$13,000/ac
County Median $/Ac$26,600/ac
vs County Median48.9%
Days on Market716
Flood ZoneUnknown
HOAUnknown
BrokerNational Land Realty, Montgomery, AL
Listing TypeFSBA

Motivation Signals#

  • 716 days on market
  • Price dropped $10,000
  • Absentee owner

Owner Information (ATTOM)#

FieldValue
OwnerMOORE SMITH MACKENZIE
Mailing Address8488 SHEFFIELD DR, MORRIS, AL 35116-1117
Assessed Value$43,320
Market Value$216,600
Annual Tax$215 (2025)
Parcel #23-07-26-0-000-012.000
ZoningVACANT LAND
LegalE1/2 OF SE1/4 26 13 17 2307260000012000

Asking/Assessed Ratio: 0.45 (BELOW assessed = potential steal)

Offer Strategy#

LevelOffer Price% of Asking
Aggressive$9,75050%
Standard$11,70060%
Conservative$13,65070%

Owner-Finance Projections#

Based on buying at $11,700 (standard offer), selling at 10% interest over 7 years

MetricValue
Sale Price (2.5x)$29,250
Down Payment (15%)$4,387
Financed Amount$24,863
Monthly Payment$412
Total Cash Received$39,059
Total Invested$12,100
Gross Profit$26,959
ROI223%