Bay Minette, AL 36507,48980 Rabun Road
Bay Minette, AL 36507,48980 Rabun Road
Bay Minette, AL 36507,48980 Rabun Road
Bay Minette, AL 36507,48980 Rabun Road
Bay Minette, AL 36507,48980 Rabun Road
Bay Minette, AL 36507,48980 Rabun Road
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$ 500,000
Est. payment | /mo

0.74 Acres Lot


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$ 500,000
Est. payment | /mo
Save

0.74 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 374330

Annual Tax Amount $207

Lot Size 0.740 Acres

Lot Dimensions 222 x 123 x 217 x 175

Property Sub-Type Unimproved Land

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

Area North Baldwin County

Zoning Not Zoned,Outside Corp Limits

Exterior

Community Features None

Utilities Available See Remarks, Water Available

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Garage No

Building

Lot Description Lot, Less than 1 acre, Corner Lot, Level, See Remarks

Schools

Elementary Schools Bay Minette Elementary

Middle Schools Bay Minette Middle

High Schools Baldwin County High

Others

Ownership Whole/Full

Listed by PHD Realty, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 778-9206

amandabacchieri.real@outlook.com

8291 Championsgate Blvd, Championsgate, FL,, 33896

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48980 Rabun Road