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50924 Rabun Rd Bay Minette, AL 36507

For Sale
$4,200,000

56 acres, prime location, high traffic.

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional 56-acre commercial land parcel presents a remarkable investment opportunity. Strategically located on the northeast quadrant of I-65 and Highway 287, off Exit 37 in Bay Minette, Alabama, this property boasts over half a mile of frontage along I-65, a major thoroughfare averaging 20,883 vehicles per day, with 30% being heavy trucks (AADT 2023). Zoned for General Business (B-2), the site offers readily available utilities, including power from Baldwin EMC and water from North Baldwin Utilities. Its proximity to the South Alabama Mega Site, a 3,000-acre certified industrial site soon to house a major Novelis manufacturing facility (a $2.5 billion investment creating approximately 1,000 jobs), further enhances its value. Situated in Baldwin County, consistently ranked among Alabama's top 5 counties for business growth, GDP growth, new building permits, and business investment, this location benefits from a rapidly growing population (nearly 30% increase between 2012 and 2022). Easy access to other Gulf Coast cities like Mobile and Pensacola via I-65 and US Route 31 adds to its appeal. Bay Minette's diverse economy, including manufacturing, education, healthcare, and agriculture, provides a strong foundation for future development. Major employers in the area include Quincy Compressor, Standard Furniture Manufacturing Company, and Baldwin County Public Schools. The property's address is 50924 Rabun Rd, Bay Minette, AL 36507. The asking price is $4,200,000, and the ownership is Fee Simple.

Property Features for 50924 Rabun Rd

General Information

Property type
Land
Lot Size
2,439,360 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Food Market Convenience Store Grocery 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
-87.759506353209
Latitude
30.965512354811

FAQs

What type of property is this?
Land - 56 acres, prime location, high traffic.
Where is this 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.
More about this property
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