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    Highway 31 Bay Minette, AL 36507

    • Land
    For Sale
    View listing
    $679,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Highway 31

    Property type
    Land
    Property subtype
    Commercial land

    Description

    💰 Price: $679,000 | $4.53 per SF | $197,384 per acre A versatile 3.44-acre property in Bay Minette, offering an excellent opportunity for commercial or residential development. With ample space and a maximum contiguous area of 3.2 acres, this site provides flexibility for various uses. Property Highlights: ✅ Large 3.44-acre parcel with development potential ✅ Prime location with easy access ✅ Ideal for commercial or residential projects ✅ Investment-ready property 📞 Contact the broker today for more details on this exceptional opportunity!

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bay Minette
    County
    State
    Alabama
    Longitude
    -87.7730474
    Latitude
    30.8829628

    Comparable in this City

    • Value Estimation by Request

      1 Acre Land For Sale: 3/10 Mile to I-65, Commercial Potential Near Novelis & Megasite

      1 Acre Land For Sale: 3/10 Mile to I-65, Commercial Potential Near Novelis & Megasite
      50280 Rabun Road, Bay Minette, AL 36507
      View Details
    • Value Estimation by Request

      1 Acre For Sale: 3/10 Mile to I-65, Commercial Potential Near Novelis & Megasite

      1 Acre For Sale: 3/10 Mile to I-65, Commercial Potential Near Novelis & Megasite
      50280 Rabun Road, Bay Minette, AL 36507
      View Details
    • Value Estimation by Request

      1.21 Acres Land For Sale - B2 Commercial

      1.21 Acres Land For Sale - B2 Commercial
      AL-59, Bay , AL, Minette, AL 36507
      View Details
    • Value Estimation by Request

      2.6 ACRES For Sale .5 MILE FROM NOVELIS RECYCLING PLANT

      2.6 ACRES For Sale .5 MILE FROM NOVELIS RECYCLING PLANT
      49260 Rabun Rd, Bay Minette, AL 36507
      View Details
    • Value Estimation by Request

      8.5 Acres Vacant Land for Sale on Rabun Rd.

      8.5 Acres Vacant Land for Sale on Rabun Rd.
      50225 Rabun Rd, Bay Minette, AL 36507
      View Details
    • Value Estimation by Request

      30,200 SF Land For Sale - 5th Street Lots

      30,200 SF Land For Sale - 5th Street Lots
      5th St, Bay Minette, AL 36507
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20,000.00 Acres

      Bay Minette Commercial Land Opportunity

      Prime Vacant Lot, City Utilities Available
      8 Hospital St, Bay Minette, AL 36507
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    • $830,000
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      Prime Bay Minette Commercial Land

      20 acres, Hwy 287 frontage, excellent development potential.
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    • $1,200,000
      1.00 Acre

      Prime Bay Minette Commercial Land

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    • $800,000
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      Bay Minette Commercial Land

      High-traffic Hwy 287 corner lot, near Novelis.
      48980 Rabun Rd, Bay Minette, AL 36507
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    • Contact for pricing
      0.50 Acres

      Highway 59 Commercial Land Parcels

      Bay Minette, AL: Prime Commercial Land
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      Prime Bay Minette Commercial Land

      1-Acre B2 Zoned Lot, Excellent Visibility
      65 Cty Rd, Bay Minette, AL 36507
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    Similar Nearby for Lease

    • $4 SF/Yr
      1,153,469 SF

      Bay Minette Industrial Land

      Prime Baldwin County lots, build-to-suit options.
      St 287 highway, Bay Minette, AL 36507
      View Details
    • $3,000 /Mo
      130,680 SF

      Prime Bay Minette Industrial Land

      Three-acre paved yard, ideal for industrial use.
      801 US Highway 31, Bay Minette, AL 36507
      View Details
    • $0.42 SF/Yr

      Industrial Land with Rail Access

      8.1 acres of industrial land for lease with rail access.
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    • $5 SF/Yr
      90,000 SF

      Bay Minette Industrial Warehouse Lease

      90,000 SF warehouse; ideal industrial space.
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    • $5 SF/Yr
      115,424 SF

      Bay Minette Industrial Warehouse

      115,000 SF Warehouse - Immediate Lease
      801 US Highway 31, Bay Minette, AL 36507
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    • $2,500 /Mo
      1,773 SF

      Bay Minette Drive-Thru Retail Space

      High-traffic corner, 1773 SF, NNN Lease
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    Highway 31
    Bay Minette, AL 36507
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
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