48980 Rabun Road, Bay Minette, AL 36507

$500,000
  • 48980 Rabun Road, Bay Minette, AL 36507 Main Photo

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Active
LOT SIZE 0.740 acres MLS#385943
STATUSActive PROPERTY TYPELand - Commercial SUBDIVISIONAL

Property 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 $4.1B 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.

48980 Rabun Road | MLS# 385943

This land located at 48980 Rabun Road, Bay Minette, AL 36507 is currently listed for sale with an asking price of $500,000. The property has approximately 0.74 Acres. Search Bay Minette real estate on kelseydavis.gobellator.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 0.74 Acres
Year Built: 1965

Feature Descriptions

Days on Site: 137
Lot: Corner Lot, Level, Few Trees, See Remarks
Lot Dimensions: 222 x 123 x 217 x 175
Parcel#: 051808270000005.001
Parcel #: 051808270000005.001
Possible Use: Bank, Business Office, Convenience Store, Medical/Dental, Other-See Remarks, Retail, Small Business, Spa, Church
Utilities: See Remarks
Water: Public
Waterfront: No Waterfront

Listed By / Shown By

Listed By

Agency Name: PHD Realty, LLC
Agency Phone: 251-368-1063

Shown By

Agent Name: Kelsey Davis
Agent Phone: (251) 510-8103
Agency Title: Bellator Real Estate

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Estimated Payment

$ 2,544.04 per month $2,398.20 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.83 Homeowner's Insurance

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