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48980 Rabun Rd Bay Minette, AL 36507

Source: https://www.saltercompany.com
For Sale
$800,000

High-traffic Hwy 287 corner lot, near Novelis.

Property size:
32,234 SF

Description

Added:
Feb 3, 2025
Days on Market:
314
This 0.74-acre unzoned corner lot in Bay Minette, Alabama, offers exceptional investment potential. Situated on four-lane Highway 287/Rabun Road, it boasts high visibility and accessibility with nearly 10,000 average daily vehicles passing by. Its strategic location is only 0.8 miles from the upcoming $2.5 billion Novelis Recycling plant (projected 1,000+ employees by 2025) and a half-mile from the South Alabama Mega Site. The property benefits from a recent $5 million infrastructure grant improving Highway 287. With 345 feet of paved road frontage on Rabun Rd/Hwy 287 and Ransom Stewart Ln, it's ideal for various commercial ventures, including retail, hospitality, or industrial uses. The property's proximity to I-65 (2 miles, over 20,000 daily vehicles) further enhances its appeal. Previously a service station, four underground tanks (two small, two larger) are present; a removal quote is available. The absence of zoning and its location within an Opportunity Zone provide additional development flexibility and potential tax incentives. Baldwin County's rapid growth, including four of Alabama's top ten fastest-growing cities, underscores this land's strong investment prospects. This prime location, coupled with high traffic counts and proximity to major industrial developments, makes this a compelling opportunity for investors seeking significant returns.

Property Features for 48980 Rabun Rd

General Information

Property type
Other land
Square Feet
32,234 SF
Price / Square Foot
$24
Elevators
N/A
Lot Size
32,234 SF

HighLights

  • 0.74‑acre corner lot on Hwy 287, near the Novelis plant and I‑65.
  • Unzoned, offering development flexibility in a high‑growth area with high traffic.
  • Opportunity Zone designation provides potential tax advantages for investors.
Insight Report Location Intelligence

Current Use by Public Records

Land

Suggested Use

Wholesale Shop

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

Location Insight

  • Map
  • Local Demand
City
Bay Minette
State
Alabama
Longitude
-87.765569
Latitude
30.939327

FAQs

What type of property is this?
Land - High-traffic Hwy 287 corner lot, near Novelis.
Where is this land located?
The property is located at 48980 Rabun Rd Bay Minette, AL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 0.74-acre corner lot on Hwy 287, near the Novelis plant and I-65.; Unzoned, offering development flexibility in a high-growth area with high traffic.; Opportunity Zone designation provides potential tax advantages for investors.
More about this property
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