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48980 Rabun Rd

Bay Minette, AL 36507
  • $800,000
  • STATUS: Active
  • ON SITE: 249 Days
  • MLS #: 633730
UPDATED: 133 min ago
$800,000
  • 0
    BEDS
  • 0.74
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Bay Minette, AL - This 0.74-acre lot is located on 4-lane Hwy 287/Rabun Road and is UNZONED... CORNER lot located in an area that is seeing growth, and 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 Recycling plant, which will drive traffic and put you in a prime position to take advantage of this area's strong industrial base and potential for development. Novelis is expected to be up and running in full capacity in 2025...no better time than 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 just on Rabun Rd alone! The property is also just 2 MILES FROM I-65 with over 20,000 vehicles traveling this stretch of the interstate per day and provides an easy commute if you're coming from another part of town. Plenty of paved road frontage with 345 feet 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! And because it's also located in an Opportunity Zone, your investment will be eligible for tax breaks and other incentives. All these factors combined make this vacant lot an amazing opportunity for investors looking for a solid return on their investment in Baldwin County, which is home to 4 of Alabama's top 10 fastest-growing cities. The property was previously a service station so there are 4 underground tanks2 small and 2 larger tanks are underground. The Seller has obtained a quote to remove (negotiable with offer on removal).

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© 2024 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2024-05-28T19:54:52.987.
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48980 Rabun Rd Bay Minette, AL 36507

  • Price: $800,000
  • Status: Active
  • On Site: 249 Days
  • Updated: 133 min ago
  • MLS #: 633730
0
Beds
0
Baths
0
½ Baths
0.74
Acres
Neighborhood:
None
County:
Baldwin
Area:
Bay Minette
Elementary School:
Local School In County
Middle School:
Local School In County
High School:
Local School In County
Property Description
Bay Minette, AL - This 0.74-acre lot is located on 4-lane Hwy 287/Rabun Road and is UNZONED... CORNER lot located in an area that is seeing growth, and 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 Recycling plant, which will drive traffic and put you in a prime position to take advantage of this area's strong industrial base and potential for development. Novelis is expected to be up and running in full capacity in 2025...no better time than 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 just on Rabun Rd alone! The property is also just 2 MILES FROM I-65 with over 20,000 vehicles traveling this stretch of the interstate per day and provides an easy commute if you're coming from another part of town. Plenty of paved road frontage with 345 feet 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! And because it's also located in an Opportunity Zone, your investment will be eligible for tax breaks and other incentives. All these factors combined make this vacant lot an amazing opportunity for investors looking for a solid return on their investment in Baldwin County, which is home to 4 of Alabama's top 10 fastest-growing cities. The property was previously a service station so there are 4 underground tanks2 small and 2 larger tanks are underground. The Seller has obtained a quote to remove (negotiable with offer on removal).
Exterior Features

Frontage Length Water Frontage(0)Road Frontage(345) Lot Features Corner LotCleared Road Frontage Type County Road Road Surface Type Paved Waterfront Features No WaterfrontNo Waterfront Features Waterfront YN No

Property Features

Current Use CommercialMobile HomeMulti-FamilyOtherSee Remarks Electric On Property YN Yes Horse YN No Land Lease Amount Frequency Annually Listing Agreement Exclusive Right To Sell Mineral Rights No Miscellaneous AERIALS AVAILABLE Property Sub Type Land/Acreage Sale Rent For Sale Sewer None Topography High/DryLevel Utilities Natural Gas ConnectedElectricity ConnectedGasPhone Connected Water Source PublicTap Fee Due Zoning Description BusinessCommercialCountyMobile HomesRes MultiUnrestricted

Listing provided by PHD Real Estate, LLC: 251-368-1063.


© 2024 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2024-05-28T19:54:52.987.
 
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