32,234.40 Sqft - 48980 Rabun Rd, Bay Minette, Alabama 36507
Property Description
Bay Minette, AL – 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! And because it’s located in an Opportunity Zone, your investment will be eligible for tax breaks and other incentives. 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).
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 633730
Price : $800,000
Lot Area : 32,234.40 Sqft
Status : Active
Property SubType : Land/acreage
Features
Lot Features : Corner Lot, Cleared
Utilities : Electricity Connected, Phone Connected, Gas, Natural Gas Connected
Waterfront Features : No Waterfront, No Waterfront Features
Address Map
State : AL
County : Baldwin
City : Bay Minette
Zipcode : 36507
Street : 48980 Rabun Rd
Floor Number : 0
Longitude : W88° 14' 3.8''
Latitude : N30° 56' 22.2''
Directions : From Atmore, AL: Go north on N Main St (AL-21). Go for 0.3 mi. Then Turn left onto W Howard St (CR-1). Go for 0.2 mi. Then continue on Jack Springs Rd (CR-1) at the fork. Go for 4.6 mi. Then take left ramp onto I-65 S toward Moblie. Go for 15.5 mi. Then 15.52 Take exit 37 toward AL-287/Gulf Shores Parkway/Bay Minette/Rabun. Go for 0.3 mi. Then turn left onto Rabun Rd (AL-287 S). Go for 1.5 mi. Then turn left on Ransom Stewart Ln. Property is on the corner of Ransom Stewart Ln & Rabun Rd (AL-287)