49313 Rabun Rd Bay Minette, AL 36507
This exceptional 7.58-acre property in Baldwin County, Alabama, presents a unique investment opportunity. Located at 49313 Rabun Rd, Bay Minette, AL 36507, this fee-simple land parcel boasts a substantial 4,800-square-foot metal building featuring a concrete floor and two overhead doors. The property's unzoned status offers unparalleled flexibility for a wide range of commercial or industrial uses. Its strategic location is a significant advantage, situated just 0.4 miles (approximately 2,100 feet) south of the Novelis plant entrance, providing easy access to major transportation routes and a thriving industrial area. The property's approximate dimensions are 720 feet by 500 feet. Note that a 2,196-square-foot home is located on the site, and Lamar Signs currently occupies a 20' x 40' pad with their signage. The asking price for this expansive property is $4,900,000. The property's APN is 05-18-22-0-000-013.000. This presents a rare chance to acquire a large, versatile property in a prime industrial location. The absence of zoning restrictions opens doors to numerous development possibilities, making this an attractive investment for discerning buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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