Lightning Ridge Tract 3 - Developed Land For Sale

This scenic property is located in Lamar County, approximately 14 miles east of the Mississippi border, 29 miles northwest of Russellville, Alabama, and 34 miles southwest of Florence, Alabama.

This property has been professionally surveyed. All corners have been staked and pinned. Unmaintained dirt roads have been established for access to all existing lots. Note: For road maintenance, please see covenants.

Currently, there are power lines in place for this property for certain lots along the unmaintained dirt road. Alabama Power provides power for this area, and electricity can be extended to the property at the buyer’s expense. You are entitled to drill a domestic well on your property at your own cost. Water is not guaranteed to be available at any specific depths, quantity, or quality. Contact a Licensed Alabama Well driller for further information and proposed costs.

Unmaintained road frontage to the property entrance and unmaintained dirt mountain roads to existing lots.

A minimum of $249 down payment is required for purchase. Closing costs are currently a nominal $249.00 for us to prepare all of the legal documents required for the contract for deed.

Yes, beginning the very day you sign the purchase contract, the land is yours to use and enjoy. You will receive your Warranty Deed once you pay off your property.

There is absolutely no prepayment penalty. Your monthly payment is applied to your account balance using simple interest on the unpaid balance. All extra monthly payments will be applied directly to the principal. All extra payments will directly lower your balance, reducing the overall interest you pay on your purchase.

A buyer is never obligated to a timeframe to build on their property.

While there is no guarantee of profit from any land sale, historically land prices have increased in value. We believe there are many reasons for this upward trend, including inflation, population growth, a decreasing land supply, the public’s desire for a more natural environment, the trend toward movement away from urban areas, and the increasing popularity of outdoor recreational activities.

Offers are discouraged as the properties are priced for immediate sale under our “No Haggle” pricing policy. Discounts are based on the finance plan that you choose.

The properties have been priced according to our “A B C” analysis and consideration of the proximity of the parcels to existing electricity. “A B C” stands for Access, Beauty, and Character. In other words, how good, quick, or easy is the access to the property from the main highway or county road. The beauty of the property mainly pertains to the vegetation and scenery. The character of the property refers mainly to its topography, for example: Is the parcel flat, rolling, steep, etc.

The average elevation is approximately 660 feet.

The zoning allows Residential/Recreational. The approximate annual property taxes are less than $15 per acre per year and are current.