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    OFF-MARKET
    Land

    0 highway 59, Bay Minette, AL 36507

    Property ID
    Property summary
    AI-generated overview

    This versatile and divisible property is located in one of the fastest growing MSAs in the country, ideal for use as a commercial, industrial, or residential development, RV park campground, dirt pit or mine, or as a legacy land investment that’s situated in the direct path of growth. There are miles of frontage on Interstate 65 and State Highway 59 which intersect and adjoin I-65 Exit 34, access via Dogwood Drive to the north, both power and water are present, a sewer solution is available, it’s minutes from the South Alabama Mega Site and $2.5 Billion Novelis aluminum mill in Bay Minette, minutes from the Upper and Lower Delta WMAs, 30 miles from the port of Mobile, 36 miles from the airport at the Brookley Aeroplex of Mobile, and around 1 hour from Orange Beach, Gulf Shores, or Dauphin Island. Site features include gentle to flat topography, miles of scenic creek frontage, millions in merchantable pine and hardwood timber, several natural lake and duck ponds, large potential fishing lake sites, excellent deer, turkey, waterfowl, and upland bird hunting, with dozens of wildlife food plots and miles of internal roads and trails. Alternative uses include placing all or parts of the property inside a conservation easement which could potentially pay for or greatly reduce the effective cost of the property, mitigation banking, or carbon credit management and trading, potentially a combination of all. Large divisions will be considered and a development plan is available upon request. Opportunities to buy contiguous tracts of this size are rare, much less one with this much potential.

    Property profile
    Verified
    Property type Land
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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