NEW PRICE! 0.74 ACRES NEAR NOVELIS RECYCLING PLANT

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:

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

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  Strategic Location and Growth Area: New apartments are in the process of being built on Hwy 287.​.​.​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.​ The growth in the vicinity makes it a promising investment opportunity.​

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  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 well to benefit from the area's industrial base and potential for development.​

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  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.​

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

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  Paved Road Frontage: The property offers ample paved road frontage with 345 feet of access on Rabun Rd/Hwy 287 and Ransom Stewart Ln, contributing to its accessibility and visibility.​

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  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.​

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  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.​

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  Solid Return on Investment: Considering the growth in Baldwin County, home to 4 of Alabama’s 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.​.​

Links of interest:

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   WKRG - $5 Million Dollar Infrastructure Grant for Hwy 287: https://www.​wkrg.​com/baldwin-county/5m-grant-awarded-to-improve-highway-287-near-new-novelis-plant/

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   Baldwin County Economic Development Alliance: https://baldwineda.​com/

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   City of Bay Minette: https://cityofbayminetteal.​gov/business

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   Alabama Department of Economic & Community Affairs: https://adeca.​alabama.​gov/opportunityzones/

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   Opportunity Alabama: https://opportunityalabama.​com/

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   SBA HUBZone: https://www.​sba.​gov/federal-contracting/contracting-assistance-programs/hubzone-program

Crexi ID # 1089703

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  1/2 mile from the South Alabama Mega site and the Novelis Recycling plant

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  2 miles from I-65

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  Corner Lot

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  345 feet of paved road frontage on Rabun Rd and Ransom Stewart Ln

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  10,791 AADT

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  Also located in an Opportunity Zone & SBA HUBZone

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  Lot size: 222x123x217x175