49640 Rabun Road $1,200,000

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    49640 Rabun Road Bay Minette, AL 36507

    • 1.00 Acres
    • Land
    • MLS# 350593
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    Views: 203 Days On Site: 501

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    Property Details

    Bay Minette, AL ??? 1-acre commercial property with unmatched access and opportunity in a rapidly growing area. Just 1 Mile from I-65 & Novelis Plant! This exceptional property off I-65 and adjacent to the South Alabama Mega Site is perfectly positioned near the $2.5 billion Novelis Low-Carbon Aluminum Recycling Plant, set to open in 2025 and create over 1,000 jobs. A newly installed red light on Hwy 287 ensures smooth ingress/egress, while water, power, and sewer/septic are readily available.Key Features: *Exceptional Infrastructure: Direct access to Hwy 287 with a $5 Mill grant for infrastructure upgrades. *High Traffic & Visibility: 9,960 AADT on Hwy 287 and 20,883 vehicles daily on nearby I-65. *Proximity to Growth: 116 site RV Park approved near this property. Plus, Bay Minette is the county seat for Baldwin County, which is the 7th fastest-growing Metro Area in the U.S. *Development Potential: No city or county zoning???ideal for service stations, fast-food chains, multi-family complexes, hotels, retail centers, self-storage facilities, RV parks, offices, and more. Proximity to key locations enhances the property???s value: - Downtown Bay Minette (6 mi SE): daily necessities and employment. - Mobile, AL (35 mi SE): domestic and international port. - Gulf of Mexico (58 mi S): vibrant beaches and tourist areas. With construction of the plant well underway, this area is poised for rapid growth. The South Alabama Mega Site???s 3,000 certified acres offer businesses excellent transportation links and shovel-ready industrial sites. Additionally, being located within an Opportunity Zone, investors can take advantage of tax incentives. The property also includes a single-family home and manufactured home, perfect for temporary office space or storage. Don???t miss the chance to invest in one of the fastest-growing regions in the U.S., with a booming economy and unmatched potential! Contact us today for more details! Buyer to verify all information during due diligence.

    • General Features
      • Area North Baldwin County
      • Community Features None
      • Pets Allowed More Than 2 Pets Allowed
      • Possible Use Commercial, Industrial, Mobile Home, Multi-Family, Not Specified, Other-See Remarks, Single Family
      • Property Sub Type Unimproved Land
    • Property Features
      • Boat Facilities None
      • Lot Features Lot, 1-3 acres, Level, Rolling Slope, Few Trees, See Remarks
      • Utilities Natural Gas Connected, Sewer Available, North Baldwin Utilities
      • View Other-See Remarks
      • Waterfront Features No Waterfront
    • Schools
      • custom elem Bay Minette Elementary
      • custom high Baldwin County High
      • custom middle Bay Minette Middle

    Contact

    Donna Fitts

    Donna Fitts

    Broker Associate, CDPE, REALTOR®

    RE/MAX Of Orange Beach

    Direct: 251-942-5985

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $1,200,000
    8/22/2023 10:31:00 AM New in Database Source: Multiple Listing Service New Value: $1,200,000

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    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the Baldwin REALTORS® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.