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49640 Rabun Road, Bay Minette, AL 36507

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For Sale

$1,200,000

1 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 1 acres
    Lot size

Explore this Property

Bay Minette, AL- This 1 Acre commercial property for sale is a true gem strategically positioned at the heart of innovation & growth. 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 just installed for egress/ingress into the plant. I-65 is 1 mi from this promising intersection. This location 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 excellent transportation links & shovel-ready industrial sites. This property is an irresistible prospect for investors! With nearly 10,000 AADT on Rabun Road/Hwy 287 & over 20,414 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. Other outstanding features of this property are its Interstate Connectivity to I-65 & I-10 & its inclusion within an Opportunity Zone, an investment haven that offers substantial tax incentives! 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 just 6 mi away, Mobile AL within 35 mi & the Gulf of Mexico 58 mi away, this location offers a perfect balance between industrial/commercial accessibility and lifestyle amenities.
MLS# 350593

Courtesy Of PHD Real Estate, LLC

(251) 368-1063

Property Features

  • Architecture Style
    Other
  • Lot Size
    1 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 49640 Rabun Road, Bay Minette, AL 36507

Home seller CENTURY 21 J. Carter & Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J. Carter & Company

(251) 967-2121
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Copyright © 2024 Baldwin County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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