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48980 Rabun Road, Bay Minette, AL 36507

$500,000
  • 48980 Rabun Road, Bay Minette, AL 36507 Main Photo

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Active
LOT SIZE 0.740 acres MLS#374330
STATUSActive PROPERTY TYPELand - Farm

Property Description

Bay Minette, AL- NEW PRICE UNZONED CORNER LOT! Located on busy 4-lane Hwy 287/Rabun Rd, this 0.74-acre parcel of commercial development land lies in a fast-growing Baldwin County corridor that checks all the boxes for smart site selection. Strong demographics, high visibility & steady traffic flow give it all the makings of a solid investment opportunity! Less than a mile from the $5 Bil Novelis Plant at the South Alabama Mega Site & new 116-site RV park?plus within 20 mins of Baldwin Prep Academy?this location is surrounded by rapid commercial growth. Bay Minette's business landscape is also expanding with projects such as a Hilton-branded hotel & 2 restaurants, the upcoming '31 Commons retail center along U.S. 31, Big Mike's Steakhouse & Cobblestone Hotel downtown & a 413+/- acre PUD with Residential & Commercial space proposed?all fueling future demand. No better time than now to own land within 15 minutes of these new developments! With 10,000+ daily vehicles on Rabun Rd & 20,000+ on nearby I-65, this parcel offers exceptional traffic counts & exposure for any venture. Sitting just 2 mi from I-65 with 345± ft of paved frontage on Rabun Rd/Hwy 287 & Ransom Stewart Ln, there's effortless access for both customers & commuters. This corner mixed-use development parcel?free from zoning ordinances?opens the door for endless possibilities, from an office building to fast food or other commercial uses. Located within both an Opportunity Zone & an SBA HUBZone, this property offers attractive tax incentives & federal contracting advantages. These designations can support businesses in lowering operational costs & 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 with 4 underground tanks (2 small, 2 large); removal quote available & negotiable with offer..

48980 Rabun Road | MLS# 374330

This land located at 48980 Rabun Road, Bay Minette, AL 36507 is currently listed for sale with an asking price of $500,000. The property has approximately 0.74 Acres. Search Bay Minette real estate on www.gobellator.com today.

Property Features

Property Type: Land - Farm
Lot Size: 0.74 Acres
Property Type: Unimproved Land

Feature Descriptions

Community Features: None
Days on Site: 406
Lot: Lot, Less than 1 acre, Corner Lot, Level, See Remarks
Lot Dimensions: 0.74 acre(s)
Possible Use: Commercial, Mobile Home, Multi-Family, Not Specified, Single Family
Utilities: See Remarks, Water Available
Zoning: Not Zoned, Outside Corp Limits

Local Schools

High School: Baldwin County High
Middle School: Bay Minette Middle
Elementary School: Bay Minette Elementary

Listed By / Shown By

Listed By

Agency Name: PHD Realty, LLC
Agency Phone: 251-368-1063

Shown By

Agency Title: Bellator Real Estate
Agency Phone: 251.928.0031

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Estimated Payment

$ 2,544.04 per month $2,398.20 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.83 Homeowner's Insurance

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