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    50924 Rabun Rd Bay Minette, AL 36507

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

    Type:Land
    Lot size:
    56.00 Acres
    Added:
    Aug 14, 2024
    Days on Market:
    625
    Last Refresh:
    Mar 17 at 1:26 pm

    Property Features for 50924 Rabun Rd

    General Information

    Standard status
    Active
    Lot size
    56.00 Acres
    Property subtype
    Land

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    Listing Contact
    Andrew Chason

    Listing agent Andrew Chason License #AL 000079317-0

    Listing office Marcus & Millichap - Mobile

    Listing date Aug 14, 2024

    Source Crexi

    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


    Overview

    56-Acre Development Site on I-65

    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.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    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
    -87.757483
    Latitude
    30.971887

    FAQs

    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.
    More about this property
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