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    St 287 highway Bay Minette, AL 36507

    Source: https://www.saltercompany.com
    For Lease
    $4 SF/Yr

    Prime Baldwin County lots, build-to-suit options.

    Lot size:
    1,153,469 SF

    Description

    Added:
    Mar 24, 2025
    Days on Market:
    265
    Three exceptional lots totaling 9 acres are available for sale or ground lease in rapidly growing Bay Minette, Alabama. These strategically located parcels, ranging from 1.6 to 4.3 acres, offer unparalleled access and visibility on the four-lane Highway 287/Rabun Road, less than half a mile from the upcoming Novelis Recycling plant. This prime location boasts over 1100 feet of road frontage, with 272 feet on Rabun Rd/Hwy 287 and 472 feet on Louis Cooper Rd., ensuring high traffic and excellent visibility for your business. The property is ideal for industrial, retail, or office development. The proximity to the Novelis plant, anticipated to employ over 1,000 people by 2026, and the South Alabama Mega Site presents a unique opportunity to capitalize on significant population growth and increased economic activity. Furthermore, the location offers convenient access to major transportation arteries, including Interstate 65 (20,000+ vehicles daily), and multiple airports within a 60-mile radius, including Bay Minette Municipal Airport (7 miles), Atmore Municipal Airport (24 miles), Mobile Regional Airport (44 miles), and Pensacola International Airport (60 miles). Baldwin County's robust growth, including four of Alabama's top ten fastest-growing cities, makes this an exceptional investment opportunity for businesses seeking a strategic location with significant development potential. Lease terms are negotiable. The owner is open to build-to-suit options to meet your specific needs.

    Property Features for St 287 highway

    General Information

    Property type
    Other land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,153,469 SF
    USF (Usable sq. ft)
    1,153,469 SF
    Elevators
    N/A
    Total Rate
    384489.67
    Lease Term
    Negotiable

    HighLights

    • Three lots available, ranging from 1.6 to 4.3 acres, ideal for build‑to‑suit opportunities.
    • High‑traffic location on Hwy 287, offering excellent visibility and accessibility near I‑65.
    • Proximity to Novelis plant and major airports, supporting strong potential for growth and workforce access.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Bay Minette
    State
    Alabama
    Longitude
    -88.180506
    Latitude
    30.582053

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    FAQs

    What type of property is this?
    Land - Prime Baldwin County lots, build-to-suit options.
    Where is this land located?
    The property is located at St 287 highway Bay Minette, AL.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: Three lots available, ranging from 1.6 to 4.3 acres, ideal for build-to-suit opportunities.; High-traffic location on Hwy 287, offering excellent visibility and accessibility near I-65.; Proximity to Novelis plant and major airports, supporting strong potential for growth and workforce access.
    (251) 621-4544
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    Realmo Value Estimation

    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

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    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.

    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
    St 287 highway Bay Minette, AL 36507
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