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56-Acre Development Site on I-65
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50924 Rabun Rd, Bay Minette, AL 36507

56-acre development site with frontage on I-65.

Lot Size56.00 Acres
Days on Market719

Property Features for 50924 Rabun Rd

General Information

Standard status Active
Lot size 56.00 Acres
Property subtype Land
Listing Agency: Marcus & Millichap - Mobile
Listed By: Andrew Chason · License #AL 000079317-0
Source: Crexi
Added: Aug 14, 2024 Changed: Jul 10 Last Checked: Aug 2 at 11:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Mobile

Investment Insights

Based on property information with market context.

The property is a 56-acre development site located at 50924 Rabun Road in Bay Minette, Alabama. Situated on the northeast quadrant of I-65 and 287, off Exit 37, the site benefits from over a half-mile of frontage along I-65, which averages 20,883 vehicles per day, with an estimated 30 percent being heavy truck traffic (AADT 2023). Zoned as a General Business District (B-2), the site has available power through Baldwin EMC and water through North Baldwin Utilities. The development site is located less than a mile from South Alabama Mega Site, a 3,000-acre certified industrial site soon to be occupied by Novelis, who announced plans in 2022 to invest $2.5 billion into a new advanced aluminum rolling and recycling manufacturing facility. This facility is anticipated to create about 1,000 jobs with an average annual salary of $65,000 for its employees. Bay Minette is the county seat of Baldwin County, which ranks among the state’s top 5 counties for business growth, GDP growth, new building permits, and business investment. Baldwin County experienced a population growth of nearly 30 percent between 2012 and 2022. The city is positioned near Interstate 65 and U.S. Route 31, providing access to other major cities in the Gulf Coast region such as Mobile and Pensacola. Bay Minette’s economy features industries such as manufacturing, education, healthcare, and agriculture. Major employers in the area include Quincy Compressor, Standard Furniture Manufacturing Company, and Baldwin County Public Schools. The city also has parks and recreational facilities, such as the Bay Minette Municipal Pool, Kids Park, and the nearby Delta Woods and Waters Expo.

Key Highlights

  • 1.56‑acre development site with over a half‑mile of frontage on I‑65.
  • Located less than a mile from the South Alabama Mega Site, future home to Novelis' $2.5 billion aluminum facility, creating approximately 1,000 jobs.
  • High traffic volume on I‑65 with an average of 20,883 vehicles per day.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 36507, AL

19,608
Population
8,615
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
84%
High-School Grad
343.1 sq mi
ZIP Area
57
Density / Sq Mi
$47,919
Median Household Income
$34,985
Median Earnings
$872
Median Rent
$160,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 56-acre development site with frontage on I-65.
Where is this commercial land located?
The property is located at 50924 Rabun Rd Bay Minette, AL.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 1.56‑acre development site with over a half‑mile of frontage on I‑65.; Located less than a mile from the South Alabama Mega Site, future home to Novelis' $2.5 billion aluminum facility, creating approximately 1,000 jobs.; High traffic volume on I‑65 with an average of 20,883 vehicles per day.
(205) 871-5360 Call to check price and availability
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