48980 Rabun Rd, Bay Minette, AL

Name: 48980 Rabun Rd, For Sale in Bay Minette - Zoocasa
Brand: PHD Real Estate, LLC
SKU: 633730
Price: 500000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$500,000

000

MLS® 633730

Overview

Key Facts

Type Other

Levels Land

Size -

Garage No

Taxes

Days Active 898

Lot Size 0.74 acres

Approx. Age

MLS® Number 633730

Property Address: 48980 Rabun Rd, Bay Minette, AL, 36507

Average square foot calculated using Size range provided by listing agent.

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..

MLS® Number633730

Laundry Level

Central VacNo

FireplaceNo

Acreage0.74

Exterior

GarageNo

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 21, 2023List Date

$500,000List Price

Map

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