$500,000

48980 Rabun Road, Bay Minette, AL 36507

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.74acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Bay Minette, AL - NEW PRICE! UNZONED CORNER LOT! This 0.74 acre lot is located on the 4-lane hwy 287/Rabun Rd in an area that is seeing growth. It has all the makings of a good investment opportunity! The property is just a half mile from the certified 3,000 acre South Alabama Mega Site, and 0.8 miles from the $2.5 Billion Novelis Recyling Plant, which will drive traffice and put you in a price position to take advantage of the area's strong industrial base and potential for development. New apartments are also in the process of being built on Hwy 287...Novelis is expected to be up and running in full capacity in 2025... No better time than now to own land close to an up-and-coming business. Great visibility and heavy traffic with over 10,000 travelers, truckers, & locals passing by daily on Rabun Rd alone. The property is also 2 MILES FROM I-65 with 20,883 vehicles traveling this stretch of the interstate per day. This also provides an easy commute if you're coming from another part of town. Plenty of paved road frontage with 345 ft of access on Rabun Rd/Hwy 287 and Ransom Stewart Ln. This corner location with no zoning gives you plenty of options for future development, whether you want to put up an office building or even build a restaurant! Located within both an Opportunity Zone and an SBA HUBZone, this property offers attractive tax incentives and federal contracting advantages. These designations can support businesses in lowering operational costs and boosting long-term investment returns. All these factors combined make this vacant lot an amazing opportunity for investors looking for a solid return. Baldwin County is home to 4 of Alabama's top 10 fastest growing cities. The property was previously a service station so there are 4 underground tanks...2 small and 2 larger tanks. The seller has obtained a quote to remove (negotiable with an offer on removal). Buyer to verify all information during due diligence.

Listing Status:
Active
Listing Office:
PHD Realty, LLC : 251-368-1063
Listing Agent:
Patty Helton Davis : 251-368-1063
MLS ID:
374330
  • Road/Access: County Road
  • HOA Amenities: 0.0
  • Golf: None
  • Originating MLS: Baldwin County
  • County: Baldwin

This listing courtesy of Patty Helton Davis, PHD Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bay Minette Elementary School

800 Blackburn Ave, Bay Minette, AL, 36507

Grades PK-6

3.44 miles away

B

Bay Minette Middle School

1311 W 13th St, Bay Minette, AL, 36507

Grades 7-8

3.28 miles away

B

Baldwin County High School

1 Tiger Dr, Bay Minette, AL, 36507

Grades 9-12

3.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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