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Active
50280 Rabun Road Bay Minette, AL 36507
1,484 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,484 sqft
Price per Sqft $667
Subdivision Al
MLS Listing ID 383767
Construction Status Resale
Year Built 1980
Lot Size 1.000 Acres
Lot Dimensions 88 x 330 x 184 x 179 x 15 x 19
Property Sub-Type Unimproved Land
Property Description
Bay Minette, AL- 1 Acre Less than a Mile from I-65, Novelis and Mega Site, Fast Growth Area, High Traffic- This commercial lot offers excellent visibility & access for developers, investors, and national brands seeking high-traffic commercial property near I-65. With 10,637 AADT on Rabun Rd/Hwy 287 (up 6.8% in one year) and 21,595 daily vehicles on I-65 (up 3.4%), this location provides strong visibility & consistent exposure for retail, hotel, restaurant, etc. Surrounding Developments: *25 mins from Baldwin Prep Academy. *New 116-Site RV Park near the Mega Site to serve industrial workers, travelers & visitors. *Old Towne Commons PUD (413 ± Acres): Approved mixed-use project with Phase 1 (77 single-family lots) & Phase 2 (115 lots) already platted; full plan includes 764 single-family lots, 392 multi-family units & 47 ± acres of commercial space. *Hilton-Branded Hotel & 2 Restaurants: expanding lodging & dining options. *“31 Commons” Retail & Office Center: Planned along U.S. 31 South to add new retail & commercial opportunities. *Big Mike's Steakhouse & Cobblestone Hotel: planned for downtown, driving Bay Minette's revitalization. *Novelis $4.5 Billion Aluminum Plant: Fueling regional industrial & infrastructure growth. Zoning Flexibility & Investment Advantages: Unzoned property allows for restaurant development sites, gas stations, quick-service restaurants (QSRs), convenience stores, multi-family projects, RV parks, or warehouse space. Located in an Opportunity Zone, this property offers significant tax incentives for developers and investors. Additional Features include a single-family home, shop, and detached garage. Proximity to Key Areas: 6 miles to Downtown Bay Minette. 34 miles to Mobile, AL. 58 miles to the Gulf of Mexico. Financing Assistance Available: Eligible for SBA commercial real estate financing for qualified buyers and developers. This strategic location is poised for commercial success and ready for development. Buyer to verify all information.
Location
State AL
County Baldwin
Area North Baldwin County
Zoning Not Zoned,Outside Corp Limits
Interior
Cooling Other
Exterior
Parking Features See Remarks
Waterfront Description No Waterfront
Garage No
Building
Lot Description Few Trees, See Remarks
Sewer Septic Tank
Water Public
New Construction No
Construction Status Resale
Listed by PHD Realty, LLC