520 Applewood Ln Lot 26, Odenville, AL 35120#
Odenville, AL 35120 | St. Clair County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 78/100 |
| Asking Price | $16,500 |
| Acreage | 1.3 acres |
| Price/Acre | $12,500/ac |
| County Median $/Ac | $17,000/ac |
| vs County Median | 73.5% |
| Days on Market | 1706 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Lovejoy Realty Inc |
| Listing Type | FSBA |
Motivation Signals#
- 1706 days on market
- Price dropped $3,400
- Reduction: $3,400 (Mar 23)
- Absentee owner
| Field | Value |
|---|
| Owner | FARM DEVELOPMENT LLC |
| Mailing Address | 11520 US HIGHWAY 411, ODENVILLE, AL 35120-5404 |
| Assessed Value | $5,400 |
| Market Value | $27,000 |
| Annual Tax | $194 (2025) |
| Parcel # | 24-02-04-0-001-072.000 |
| Zoning | VACANT LAND |
| Legal | LOT 26 CREEKSIDE COVE PH 2 2006-16 4-16-2 |
Asking/Assessed Ratio: 3.06 (above assessed)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $8,250 | 50% |
| Standard | $9,900 | 60% |
| Conservative | $11,550 | 70% |
Owner-Finance Projections#
Based on buying at $9,900 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $24,750 |
| Down Payment (15%) | $3,712 |
| Financed Amount | $21,038 |
| Monthly Payment | $349 |
| Total Cash Received | $33,050 |
| Total Invested | $10,300 |
| Gross Profit | $22,750 |
| ROI | 221% |
Due Diligence Links#