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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

41850 Al-59 Bay Minette, AL 36507

2.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.3-acre commercial/industrial land parcel presents a unique investment opportunity in Bay Minette, Alabama. Strategically located between Interstates 65 and 10 on Highway 59, this property boasts over 800 feet of paved road frontage, ensuring high visibility and easy access for businesses. The site benefits from significant traffic counts (17,796-19,249 AADT) and is situated in a Federal Opportunity Zone, offering attractive development incentives. Utilities are already in place, simplifying the development process. The area is experiencing robust economic growth, fueled by recent large-scale investments including a new $2.5 billion Novelis aluminum plant and a $24 million Southern Visions facility. Proximity to Coastal Alabama Community College and various transportation resources, including a nearby railcar transloader, further enhances the property's appeal. Located outside city limits with no zoning restrictions, this flexible site is ideal for a wide range of commercial ventures, including retail, logistics, manufacturing, or hospitality. The property's location offers a balance between industrial/commercial accessibility and lifestyle amenities, with Downtown Bay Minette just six miles away, Mobile within 35 miles, and the Gulf of Mexico 52 miles away. This development-ready parcel is partially cleared and presents an excellent opportunity for investors and developers seeking to capitalize on the region's thriving economy. The property's location in Baldwin County, the second fastest-growing county in Alabama, and within the 7th fastest-growing metro area in the US, ensures strong potential for future appreciation. The asking price is $164,000. APN: 05-23-08-33-0-000-010.000.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.3 ac (100,188 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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