49640 Rabun Road Bay Minette, AL $ 1,200,000
49640 Rabun Road
$ 1,200,000
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49640 Rabun Road

Bay Minette, AL, 36507
$ 1,200,000
Baths0.0

Monthly Estimate*

$ 7,976

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Studio

Lots and Land for sale in Bay Minette, AL

for $1,200,000. The lot size is 1.

Bay Minette, AL- This 1 Acre commercial property for sale is a true gem strategically positioned at the heart of innovation & growth. 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 just installed for egress/ingress into the plant. I-65 is 1 mi from this promising intersection. This location 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 excellent transportation links & shovel-ready industrial sites. This property is an irresistible prospect for investors! With nearly 10,000 AADT on Rabun Road/Hwy 287 & over 20,414 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. Other outstanding features of this property are its Interstate Connectivity to I-65 & I-10 & its inclusion within an Opportunity Zone, an investment haven that offers substantial tax incentives! 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 just 6 mi away, Mobile AL within 35 mi & the Gulf of Mexico 58 mi away, this location offers a perfect balance between industrial/commercial accessibility and lifestyle amenities.

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Lots and Land Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 121

Style

Unimproved Land

Lot Size

1

Town/City

Bay Minette

County/Region

Baldwin

MLS | Web ID

350593

Features
General
Sewer Septic Tank
Utilities Natural Gas Connected North Baldwin Utilities
Gas Y/N Gas-Natural
Pets Allowed More Than 2 Pets Allowed
Electric Baldwin EMC
View Other-See Remarks
Property SubType Unimproved Land
Percent Ownership Whole/Full
Waterfront Features No Waterfront
Community Features None
County Baldwin
New Construction N
Property Type Land
HOA / Comm Assn N
Subdivision Name Rabun
Possible Use Commercial Industrial Mobile Home Multi-Family Not Specified Other-See Remarks Single Family
Garage Y/N N
Status Active
Directions From Atmore AL: Head north on Main St/AL-21. Go for 0.4 mi. Then turn left onto W Howard St. Keep right crossing over the railroad tracks to get on Jack Springs Rd. Continue on Jack Springs Rd/CR-1.
High School Baldwin County High
City Bay Minette
Buyer Agent Compensation 2
View Y/N Y
Senior Community Y/N N
Zoning Description Single Family Residence 2+ Family Residence Not Zoned Outside Corp Limits
MLS Area North Baldwin County
Lot Size Units Acres
Lot Size Square Feet 43560
Waterfront Y/N N
Carport Y/N N
Street Name Rabun Road
Elementary School Bay Minette Elementary
Property Attached Y/N N
Tax Annual Amount 121.2
Home Warranty Y/N N
Middle/Junior High School Bay Minette Middle
Virtual Tour https://www.wkrg.com/baldwin-county/5m-grant-awarded-to-improve-highway-287-near-new-novelis-plant/
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Lot 1-3 acres Level Rolling Slope Few Trees See Remarks
Water Source Public
Lot Size Area 1
Spa N
Lot Dimensions 231 x 158 x 215 x 245
Lot Size Acres 1
Road Surface Type Paved
Frontage Length 231
Road Frontage Type State Road
Number of Lots 1
Open Parking Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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* Excluded Features
List By
Patty Helton Davis

Listing Agent

Phd Realty, Llc

Broker

Patty@phdrealty.com

Email

Affordability Calculator

$7,986
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$10
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2086562 Elementary School
2086549 Middle School
Baldwin County High High School
Pricing History
DatePricePrice ChangeDescription
8/22/2023$1,200,000 Listed Price

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49640 Rabun Road, Bay Minette, AL, 36507 is a Lots and Land for sale at $1,200,000 with a lot size of 1. 49640 Rabun Road is a studio with 0.0 baths. The property's zip code is 36507 which is in Bay Minette, AL