Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    50280 Rabun Rd Bay Minette, AL 36507

    View on Map
    Sponsored
    For Sale
    $990,000

    LAND - Bay Minette, AL

    Lot size:
    1.00 Acre
    Days on Market:
    20
    Last Refresh:
    Mar 16 at 8:06 pm

    Property Features for 50280 Rabun Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    051805150000018.000
    Lot size
    1.00 Acre

    Utilities

    Water source
    Public
    Water front features
    Waterfront

    We can help!

    Listing Contact
    Patty Helton Davis
    Patty Helton Davis

    PHD Realty LLC (251) 294-2060

    Listing agent Patty Helton Davis (251) 294-2057

    Listing date Feb 24, 2026

    MLS# 656611 Listing URL

    Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Land Near I-65

    This one-acre commercial lot in Bay Minette, AL, offers excellent visibility and access, making it suitable for developers, investors, and national brands seeking high-traffic commercial property near I-65. The location benefits from 10,637 AADT on Rabun Rd/Hwy 287, reflecting a 6.8% increase in one year, and 21,595 daily vehicles on I-65, up 3.4%. The unzoned property allows for various development options, including restaurant sites, gas stations, quick-service restaurants, convenience stores, multi-family projects, RV parks, or warehouse space. Located in an Opportunity Zone, the property offers tax incentives for developers and investors. Additional features include a single-family home, shop, and detached garage. The property is 6 miles from Downtown Bay Minette, 34 miles from Mobile, AL, and 58 miles from the Gulf of Mexico. The site is near several upcoming developments, including the "31 Commons" Retail & Office Center planned along U.S. 31 South, Big Mike's Steakhouse & Cobblestone Hotel planned for downtown, and a new 116-Site RV Park near the Mega Site. The location is also 25 minutes from Baldwin Prep Academy. The Old Towne Commons PUD, a mixed-use project with 764 single-family lots, 392 multi-family units, and 47 acres of commercial space, is also nearby. A Hilton-branded hotel and two restaurants are expanding lodging and dining options in the area. The Novelis $5 Billion Aluminum Plant is fueling regional industrial and infrastructure growth. SBA commercial real estate financing is available for qualified buyers and developers. This strategic location is poised for commercial success and ready for development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Food Market Grocery & Convenience Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay Minette
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.75998122
    Latitude
    30.9587532

    Nearby Similar for Sale

    • $774,821
      2,344 SF

      Bay Minette Shrimp Basket Net Lease

      Profitable Seafood Restaurant Investment Opportunity
      1113 S US Highway 31, Bay Minette, AL 36507
      View Details
    • $250,000
      5,395 SF

      Prime Bay Minette Commercial Space

      Versatile 5,395 SF building, ideal for various uses.
      904 S US Highway 31, Bay Minette, AL 36507
      View Details
    • $549,900
      2,481 SF

      Bay Minette Office Building & Land

      Versatile 6.5-acre property with 2,481 SF building.
      720 S White Ave, Bay Minette, AL 36507
      View Details
    • $739,000
      3,000 SF

      Bay Minette Gas Station Opportunity

      Gas station with tenant, pumps, and steel tanks for sale.
      1130 Us Highway 31, Bay Minette, AL 36507
      View Details
    • $1,250,000

      Prime Commercial Property on Highway

      High-visibility commercial property with highway frontage and multiple access points.
      251 Us Highway 31 S, Bay Minette, AL 36507
      View Details
    • Contact for pricing
      3,725 SF

      Commercial Building on 1.5 Acres

      3,725 SF building with highway frontage and redevelopment potential.
      2410 Us Highway 31, Bay Minette, AL 36507
      View Details
    • $1,200,000
      1,530 SF

      Texaco Gas Station For Sale

      Newly renovated gas station with real property and business.
      415 D'olive St, Bay Minette, AL
      View Details
    • Contact for pricing
      39,504 SF

      Office Warehouse Facility For Sale

      Office warehouse facility with multiple buildings, formerly a lumber operation.
      501 Pearson Dr, Bay Minette, AL 36507
      View Details
    • Contact for pricing
      4,800 SF

      Unrestricted Land with Metal Building

      5.5 acres with 4,800 SF building near Novelis plant.
      49313 Rabun Rd, Bay Minette, AL 36507
      View Details
    • Contact for pricing
      1,530 SF

      Prime Bay Minette Gas Station

      Newly Renovated Texaco, High Traffic Area
      415 D'olive St, Bay Minette, AL 36507
      View Details
    • $750,000

      Highway 31 Commercial Opportunity

      Vacant building and leased auto garage on Highway 31.
      2307 Us Highway 31, Bay Minette, AL 36507
      View Details

    FAQs

    What type of property is this?
    Commercial land - One-acre commercial lot near I-65 in a fast-growing area.
    Where is this commercial land located?
    The property is located at 50280 Rabun Rd Bay Minette, AL.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - Unzoned commercial lot offering development flexibility for various uses.; - Located in an Opportunity Zone, providing significant tax incentives.; - **High traffic location with excellent visibility:** 10,637 AADT on Rabun Rd/Hwy 287 and 21,595 daily vehicles on I-65.
    (251) 294-2057
    Request Owner's contact information
    50280 Rabun Rd Bay Minette, AL 36507
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    50280 Rabun Rd
    Bay Minette, AL 36507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50280 Rabun Rd Bay Minette, AL 36507
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Patty Helton Davis
    Patty Helton Davis
    Real Estate License ID: 61477
    (251) 294-2057 (251) 368-1063 (251) 294-2060
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!