Bay Minette, AL 36507,49640 Rabun Road
Bay Minette, AL 36507,49640 Rabun Road
Bay Minette, AL 36507,49640 Rabun Road
30
See all 30 photos
$1,200,000
Est. payment /mo
1 Acres Lot
Active

49640 Rabun Road Bay Minette, AL 36507

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UPDATED:

09/10/2024 01:39 AM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Rabun

MLS Listing ID 350593

Annual Tax Amount $121

Lot Size 1.000 Acres

Lot Dimensions 231 x 158 x 215 x 245

Property Description

Bay Minette, AL- 1 Mile from I-65! This 1 Acre commercial property for sale is a true gem strategically positioned 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 installed for egress/ingress into the plant & some utilities are available including water, power & sewer/septic. New apartments are in the process of being built on Hwy 287. The plant 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 shovel-ready industrial sites. Other outstanding features of this property are its Interstate Connectivity to I-65 & I-10 & its inclusion within an Opportunity Zone, which offers substantial tax incentives! This property is an irresistible prospect for investors! With an AADT of 9,960 on Rabun Road/Hwy 287 & 20,883 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. 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 6 mi away, Mobile AL 35 mi away & the Gulf of Mexico 58 mi away, this location offers a perfect balance between industrial/commercial accessibility & lifestyle amenities. Buyer to ver

Location

State AL

County Baldwin

Area North Baldwin County

Zoning Single Family Residence,2+ Family Residence,Not Zoned,Outside Corp Limits

Interior

Fireplace No

Exterior

Community Features None

Utilities Available Natural Gas Connected, Sewer Available, North Baldwin Utilities

Waterfront No

Waterfront Description No Waterfront

View Y/N Yes

View Other-See Remarks

Building

Lot Description Lot, 1-3 acres, Level, Rolling Slope, Few Trees, See Remarks

Sewer Septic Tank

Water Public

Schools

Elementary Schools Bay Minette Elementary

Middle Schools Bay Minette Middle

High Schools Baldwin County High

Others

Pets Allowed More Than 2 Pets Allowed

Ownership Whole/Full


Listed by PHD Realty, LLC

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49640 Rabun Road