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    FOR SALE
    Commercial land

    50280 Rabun Rd, Bay Minette, AL 36507

    Property ID
    US03-2964240
    Property summary
    AI-generated overview

    Bay Minette, AL - HIGHWAY 287/RABUN RD 1 Acre | 3/10 Mile from I-65 | Commercial Land Near Novelis & South Alabama Mega Site Positioned just off Interstate 65, this 1-acre commercial lot for sale offers exceptional visibility and access for developers, investors, and national brands seeking high-traffic commercial property near the interstate. With 10,637 AADT on Rabun Rd/Hwy 287 (up 6.8% in one year) and 21,595 daily vehicles along nearby I-65 (up 3.4%), this location provides strong visibility and consistent exposure for retail, hotel, or restaurant development. Surrounding Growth & Economic Drivers: • 116-Site RV Park (under development) – near the South Alabama Mega Site, serving workers, travelers, and new residents. • Old Towne Commons PUD (413± acres) – approved mixed-use development with: • Phase 1: 77 single-family lots • Phase 2: 115 single-family lots •Future plans: 764 single-family lots, 392 multi-family units, and 47± acres of commercial space. • Hilton-Branded Hotel & Two Restaurants – boosting lodging and dining options. • “31 Commons” Retail & Office Center – planned along U.S. 31 South, creating new retail and business space. • Big Mike’s Steakhouse & Cobblestone Hotel – planned for downtown, supporting Bay Minette’s downtown revitalization. • $4.5 Billion Novelis Aluminum Plant – driving regional job growth and industrial expansion. Zoning Flexibility & Investment Advantages: Unzoned property allows for restaurant development sites, gas stations, quick-service restaurants (QSRs), convenience stores, multi-family projects, RV parks, or warehouse space, and more! Located in an Opportunity Zone, this property offers significant tax incentives for developers and investors. Additional Features: Includes a single-family home, shop, and detached garage, ideal for temporary office use, contractor storage, or site staging during development. Proximity to Key Markets: • 6 miles to Downtown Bay Minette • 34 miles to Mobile, AL • 58 miles to the Gulf of Mexico Financing Assistance Available: Eligible for SBA commercial real estate financing for qualified buyers and developers. This property is ready to support your success! Contact us today for more information, to schedule a viewing, or to discuss financing opportunities. Links of Interest: 1. Baldwin County Economic Development Alliance: https://baldwineda.com/?s=Bay+minette 2. Old Towne Commons: https://www.facebook.com/share/p/1FbwuLsVJU/ 3. City of Bay Minette: https://cityofbayminetteal.gov/departments/planning-and-development/planning---zoning/planning-commission 4. WKRG - $5 Million Dollar Infrastructure Grant for Hwy 287: https://www.wkrg.com/baldwin-county/5m-grant-awarded-to-improve-highway-287-near-new-novelis-plant/ 5. Alabama Department of Economic & Community Affairs: https://adeca.alabama.gov/opportunityzones/ 6. Opportunity Alabama: https://opportunityalabama.com/ 7. SBA HUBZone: https://www.sba.gov/federal-contracting/contracting-assistance-programs/hubzone-program Crexi ID # 1664236

    Property profile
    Verified
    Property type Commercial land
    UPID US03-2964240
    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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