48980 Rabun Road , Bay Minette, AL 36507 (Baldwin County)

Size: 0.74 Acres

Type: Undeveloped Land, Commercial Property, Homesites

NEW PRICE! 0.8 MILES FROM NOVELIS RECYCLING PLANT: 0.74 ACRES/ HWY 287

Bay Minette, AL - NEW PRICE! This 0.74-acre lot on 4-lane Hwy 287/Rabun Road presents an attractive investment opportunity with several key features:

Unzoned and Corner Lot: The property is unzoned, providing flexibility for various types of development. Being a corner lot enhances its visibility and accessibility.

Strategic Location and Growth Area: Located in an area experiencing growth, the property is just a half mile from the certified 3,000-acre South Alabama Mega Site and 0.8 miles from the upcoming $2.5 Billion Novelis Recycling plant. New apartments are in the process of being built on Hwy 287...The growth in the vicinity makes it a promising investment opportunity.

Proximity to Mega Site and Novelis Plant: The property's proximity to the South Alabama Mega Site and the Novelis Recycling plant, which is expected to be operational with 1,000+ employees by 2025, positions it we...

High Traffic and Visibility: The property enjoys a steady stream of heavy traffic with an Average Annual Daily Traffic (AADT) of nearly 10,000 on Rabun Road/Hwy 287 and 20,883 vehicles daily along the interstate. This makes it suitable for various ventures, such as a service station, fast food chain, multi-family complex, hotel, retail center, self-storage facility, RV park, and more.

Proximity to I-65: The lot is just 2 miles from I-65, with over 20,000 vehicles traveling this stretch of the interstate per day. This provides easy access and a convenient commute for visitors and potential customers.

Paved Road Frontage: The property benefits from a $5 million grant to update its infrastructure near the Novelis plant. With 345 feet of access on Rabun Rd/Hwy 287 and Ransom Stewart Ln, you have ample paved road frontage contributing to accessibility and visibility.

Opportunity Zone and SBA HUBZone: The absence of zoning provides freedom for future development possibilities. Located within both an Opportunity Zone and an SBA HUBZone, this property offers attractive tax incentives and federal contracting advantages. These designations can support businesses in lowering operational costs and boosting long-term investment returns.

Previous Service Station Infrastructure: The property was previously a service station with 4 underground tanks (2 small, 2 larger). The seller has obtained a quote for their removal, which is negotiable with an offer.

Solid Return on Investment: Considering the growth in Baldwin County, home to 4 of Alabamas top 10 fastest-growing cities, this vacant lot presents a solid opportunity for investors seeking a favorable return on investment.

This property, with its strategic location, growth potential, and versatile zoning, offers a compelling investment prospect for visionary investors looking to capitalize on the expanding opportunities in Baldwin County. Interested parties are encouraged to explore the possibilities and consider the potential for development in this thriving area.

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Directions

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)