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Property profile

Highway 31 Bay Minette, AL 36507

FOR SALE
Commercial land
Property ID
US03-0029333
5,028 SF 0.91 ac lot Built 1986
Last sale Jan 2023 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Highway 31, Bay Minette, AL 36507 For Sale
$679,000 5,028 SF
Highway 31, Bay Minette, AL 36507
View Listing

Property summary

AI-generated overview

The property is a tract of industrial land in Bay Minette, Alabama, providing over 2,500 feet of frontage on U.S. Highway 59 and situated adjacent to the 31 Commons mixed-use development. The site has direct access to a railroad spur for connections to regional and national networks and is located approximately 5 miles from I-65 and 12 miles from I-10. It lies within a federally designated Opportunity Zone. Utilities are available on-site, including water, sewer, and power, and the property…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$73k
Assessed land$65k
Assessed improvement$8k
Effective rate4.36%

Value estimate

· Oct 2026
$690k
$621k – $759k
AI approach$690k
CAP approach$715k
Submarket $/SF estimate$694k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$165/SF
County average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$73 – $309
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBALDWIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.6
Parking Facility10.2
Electrical Service9.6

Location

Highway 31 Bay Minette, AL 36507
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Nn Pne, Bay Minette, AL 36507 $80,000 Feb 2026 No data
808 14th, Bay Minette, AL 36507-3349 $155,000 Dec 2023 No data
State Hwy 59, Bay Minette, AL 36507 $75,000 Jun 2022 No data
106 Us Hwy 31, Bay Minette, AL 36507-2846 $340,370 Feb 2022 No data
Hand, Bay Minette, AL 36507 $54,000 Apr 2021 No data
Rock Hl, Bay Minette, AL 36507 $25,000 Dec 2020 2,515 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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