48980 Rabun Rd, Bay Minette, AL 36507

$500,000

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List Price
$500,000
Price Change
▼ $300,000 1740015715
MLS#
633730
Status
ACTIVE
Type
Land
Acres
0.74
City
Bay Minette

Property Description

Bay Minette, AL- NEW PRICE! 0.74± ACRE CORNER | UNZONED | NEXT TO NOVELIS | OPPORTUNITY ZONE & SBA HUBZONE - This unzoned corner parcel of commercial development land is at the heart of one of Baldwin County's most active growth corridors. Approximately 345 ft of paved frontage on 4-lane Hwy 287/Rabun Rd and Ransom Stewart Ln, with strong demographics, high visibility, and steady traffic flow. Just 1/2 mile from the $4.1B Novelis low-carbon aluminum plant at the 3,000-acre South Alabama Mega Site — projected to employ 1,000+ workers. The brand-new Oak View RV Park (116 full-hookup sites) sits directly between this property and Novelis, placing the site along a path of daily traffic. Key Highlights: *4± miles from the approved Baldwin Beach Express II — a 25-mile divided highway that will link I-65 at Bay Minette to I-10 and the Gulf Coast, with a planned interchange at the Novelis facility *Unzoned — full flexibility for commercial, retail, hospitality, light industrial, service, mixed or even residential use *Opportunity Zone & SBA HUBZone — potential tax incentives and federal contracting advantages *2 miles from I-65 *Hwy 287 carries 10,637 AADT (up 6.8% YOY); I-65 carries 21,595 daily vehicles (up 3.4%) *Water & natural gas available through North Baldwin Utilities *$5M infrastructure grant awarded to upgrade Hwy 287 near the Novelis plant. Surrounding momentum includes the 413± acre Old Towne Commons PUD (764 single-family lots, 392 multi-family units, and 47± acres of commercial space at full buildout), a new Hilton-branded hotel & restaurants, the "31 Commons" retail & office center, Big Mike's Steakhouse & Cobblestone Hotel downtown, and Baldwin Preparatory Academy 20 minutes away. Baldwin County is home to four of Alabama's ten fastest-growing cities. Note: Site previously operated as a service station. Four underground tanks remain; removal quote available and negotiable with offer. Buyer to verify all property details during due diligence.

Additional Information

High School
Local School In County
Lot Description
Corner Lot, Cleared
Waterfront Type
No Waterfront, No Waterfront Features
Waterfront Description
No Waterfront, No Waterfront Features

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Calculator source: Real Geeks

Listing courtesy of PHD Real Estate, LLC.