AL > Bay Minette
Bay Minette, AL 36507,48980 Rabun Rd
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Bay Minette, AL 36507,48980 Rabun Rd
Bay Minette, AL 36507,48980 Rabun Rd
Bay Minette, AL 36507,48980 Rabun Rd
Bay Minette, AL 36507,48980 Rabun Rd
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Condreay Group

Condreay Group

+1(850) 739-1874
Listed by Patty Helton Davis • PHD Real Estate, LLC
$ 800,000
Est. payment /mo
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Active

48980 Rabun Rd Bay Minette, AL 36507

0.74 Acres Lot

UPDATED:

10/24/2024 08:39 PM

Key Details

Property Type Vacant Land

Sub Type Land/Acreage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 633730

HOA Y/N No

Originating Board Pensacola MLS

Lot Size 0.740 Acres

Acres 0.74

Lot Dimensions 222x123x217x175

Property Description

Bay Minette, AL - UNZONED CORNER LOT! This 0.74 acre lot is located on the 4-lane hwy 287/Rabun Rd in an area that is seeing growth. 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 Recyling Plant, which will drive traffice and put you in a price position to take advantage of the area's strong industrial base and potential for development. New apartments are also in the process of being built on Hwy 287...Novelis is expected to be up and running in full capacity in 2025... No better time than now 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 on Rabun Rd alone. The property is also 2 MILES FROM I-65 with 20,883 vehicles traveling this stretch of the interstate per day. This also provides an easy commute if you're coming from another part of town. Plenty of paved road frontage with 345 ft 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 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. Baldwin County is home to 4 of Alabama's top 10 fastest growing cities. The property was previously a service station so there are 4 underground tanks...2 small and 2 larger tanks. The seller has obtained a quote to remove (negotiable with an offer on removal).

Location

State AL

County Baldwin

Zoning Business,Commercial,County,Mobile Homes,Res Multi,Unrestricted

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Gas, Phone Connected

Waterfront No

Waterfront Description No Waterfront,No Waterfront Features

View Y/N No

Building

Lot Description Corner Lot, Cleared

Faces From Atmore, AL: Go north on N Main St (AL-21). Go for 0.3 mi. Then Turn left onto W Howard St (CR-1). Go for 0.2 mi. Then continue on Jack Springs Rd (CR-1) at the fork. Go for 4.6 mi. Then take left ramp onto I-65 S toward Moblie. Go for 15.5 mi. Then 15.52 Take exit 37 toward AL-287/Gulf Shores Parkway/Bay Minette/Rabun. Go for 0.3 mi. Then turn left onto Rabun Rd (AL-287 S). Go for 1.5 mi. Then turn left on Ransom Stewart Ln. Property is on the corner of Ransom Stewart Ln & Rabun Rd (AL-287)

Water Public, Tap Fee Due

New Construction No

Others

Tax ID 051808270000005.001

Condreay Group

Realtor | License ID: SL3489834

+1(850) 739-1874

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48980 Rabun Rd