48980 Rabun Road, Bay Minette, AL

$500,000

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0.74

Acres

About 48980 Rabun Road

Bay Minette, AL - NEW PRICE! UNZONED CORNER LOT! This 0.74 acre lot is located on the 4-lane hwy 287/Rabun Rd in an area that is seeing growth. It has all the makings of a good investment opportunity! The property is just a half mile from the certified 3,000 acre South Alabama Mega Site, and 0.8 miles from the $2.5 Billion Novelis Recyling Plant, which will drive traffice and put you in a price position to take advantage of the area's strong industrial base and potential for development. New apartments are also in the process of being built on Hwy 287...Novelis is expected to be up and running in full capacity in 2025... No better time than now to own land close to an up-and-coming business. Great visibility and heavy traffic with over 10,000 travelers, truckers, & locals passing by daily on Rabun Rd alone. The property is also 2 MILES FROM I-65 with 20,883 vehicles traveling this stretch of the interstate per day. This also provides an easy commute if you're coming from another part of town. Plenty of paved road frontage with 345 ft of access on Rabun Rd/Hwy 287 and Ransom Stewart Ln. This corner location with no zoning gives you plenty of options for future development, whether you want to put up an office building or even build a restaurant! Located within both an Opportunity Zone and an SBA HUBZone, this property offers attractive tax incentives and federal contracting advantages. These designations can support businesses in lowering operational costs and boosting long-term investment returns. All these factors combined make this vacant lot an amazing opportunity for investors looking for a solid return. Baldwin County is home to 4 of Alabama's top 10 fastest growing cities. The property was previously a service station so there are 4 underground tanks...2 small and 2 larger tanks. The seller has obtained a quote to remove (negotiable with an offer on removal). Buyer to verify all information during due diligence.

Features of 48980 Rabun Road

MLS® # 374330
Price $500,000
Bathrooms 0.00
Acres 0.74
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address 48980 Rabun Road
Area North Baldwin County
City Bay Minette
County Baldwin
State AL
Zip Code 36507

Amenities

Amenities None
Utilities See Remarks, Water Available
View None/Not Applicable
Is Waterfront No
Waterfront No Waterfront
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Lot, Less than 1 acre, Corner Lot, Level, See Remarks

School Information

Elementary Bay Minette Elementary
Middle Bay Minette Middle
High Baldwin County High

Additional Information

Zoning Not Zoned,Outside Corp Limits
Foreclosure No
Short Sale No

Listing Details

OfficePHD Realty, LLC
Contact Infopatty@phdrealty.com

Listing Map

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