Bay Minette, AL- 1 Mile from I-65! This 1 Acre commercial property for sale is a true gem strategically positioned next door to South Alabama Mega site where the new Novelis Low-Carbon, $2.5 Billion Aluminum Recycling Plant is under construction; to be completed in 2025. A red light was installed for egress/ingress into the plant & some utilities are available including water, power & sewer/septic. New apartments are in the process of being built on Hwy 287. The plant for the Atlanta-based Novelis is the first of its kind & first fully integrated, U.S. mill built in 40 yrs; set up to create over 1000 jobs. The South Alabama Mega site is a 3,000-acre certified site that offers businesses the opportunity to benefit from the shovel-ready industrial sites. Other outstanding features of this property are its Interstate Connectivity to I-65 & I-10 & its inclusion within an Opportunity Zone, which offers substantial tax incentives! This property is an irresistible prospect for investors! With an AADT of 9,960 on Rabun Road/Hwy 287 & 20,883 vehicles traversing daily along the interstate, enjoy heavy traffic & visibility for any venture. The potential is endless with no city or county zoning! Great location for a service station, fast food chain, multi-family complex, hotel, retail center, self-storage facility, RV Park you name it! With construction well underway, the value of this location is set to surge as the plant becomes operational, attracting businesses & creating an influx of opportunities. Extraordinary chance to capitalize on the booming economy of the 7th fastest-growing Metro Area in the U.S. & the 2nd fastest growing county in the state. The property includes a single-family & manufactured home presently offering temporary office space or light storage. With Downtown Bay Minette 6 mi away, Mobile AL 35 mi away & the Gulf of Mexico 58 mi away, this location offers a perfect balance between industrial/commercial accessibility & lifestyle amenities. Buyer to ver
| Date | Price |
|---|---|
| -- | New Value: $1,200,000 |
| 8/22/2023 10:31:00 AM | New Value: $1,200,000 |
