AL > Bay Minette
Bay Minette, AL 36507,48980 Rabun Rd
Bay Minette, AL 36507,48980 Rabun Rd
Bay Minette, AL 36507,48980 Rabun Rd
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David Lewis

David Lewis

+1(850) 261-4660
Listed by Patty Helton Davis • PHD Real Estate, LLC
$500,000
Est. payment /mo
0.74 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Land/Acreage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 633730

HOA Y/N No

Originating Board Pensacola MLS

Lot Size 0.740 Acres

Acres 0.74

Lot Dimensions 222x123x217x175

Property Sub-Type Land/Acreage

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.

Location

State AL

County Baldwin

Zoning Business,Commercial,County,Mobile Homes,Res Multi,Unrestricted

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Gas, Phone Connected

Waterfront Description No Waterfront,No Waterfront Features

View Y/N No

Building

Lot Description Corner Lot, Cleared

Faces 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)

Water Public, Tap Fee Due

New Construction No

Others

Tax ID 051808270000005.001

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agent

David Lewis

+1(850) 261-4660

Broker | BK3237501

Broker BK3237501

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