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48980 Rabun Road, Bay Minette, AL 36507
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$500,000
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Home Details for 48980 Rabun Road
Price
$500,000
Type
Lots/Land
Lot Size
0.74
County
Baldwin
Tax
$207
MLS®️ Listing#
374330
On exitrealty.com
267 days
Property Description
Bay Minette, AL - NEW PRICE UNZONED CORNER LOT! Located on busy 4-lane Hwy 287/Rabun Rd, this 0.74-acre parcel of commercial development land lies in a fast-growing Baldwin County corridor that checks all the boxes for smart site selection. Strong demographics, high visibility & steady traffic flow give it all the makings of a solid investment opportunity! Less than a mile from the $4.1B Novelis Plant at the South Alabama Mega Site & new 116-site RV park—plus within 20 mins of Baldwin Prep Academy—this location is surrounded by rapid commercial growth. Bay Minette’s business landscape is also expanding with projects such as a Hilton-branded hotel & 2 restaurants, the upcoming “31 Commons†retail center along U.S. 31, Big Mike’s Steakhouse & Cobblestone Hotel downtown & a 413+/- acre PUD with Residential & Commercial space proposed—all fueling future demand. No better time than now to own land within 15 minutes of these new developments! With 10,000+ daily vehicles on Rabun Rd & 20,000+ on nearby I-65, this parcel offers exceptional traffic counts & exposure for any venture. Sitting just 2 mi from I-65 with 345± ft of paved frontage on Rabun Rd/Hwy 287 & Ransom Stewart Ln, there's effortless access for both customers & commuters. This corner mixed-use development parcel—free from zoning ordinances—opens the door for endless possibilities, from an office building to fast food or other commercial uses. Located within both an Opportunity Zone & an SBA HUBZone, this property offers attractive tax incentives & federal contracting advantages. These designations can support businesses in lowering operational costs & 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 with 4 underground tanks (2 small, 2 large); removal quote available & negotiable with offer..
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School Information
School Information for 48980 Rabun Road
Elementary School
Bay Minette Elementary
Middle School
Bay Minette Middle
High School
Baldwin County High
Listing Courtesy: PHD Realty, LLC - patty@phdrealty.com
The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Baldwin County Association of REALTORS. Baldwin County MLS deems information reliable but not guaranteed.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.
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