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Opportunity Zone

1 Acre: 3/10 Mile to I-65, Near Novelis & Megasite

Located in Opportunity Zone Between I-65 & Mega Site

Listing Contacts

Active

Asking Price: $990,000

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Address 

50280 Rabun Rd, Bay Minette, AL 36507

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Date Added
Sep 10, 2024
Days on Market
278 days
Time Since Last Update
72 days

Details

Property TypeLand
SubtypeCommercial, Industrial, Retail
Square Footage672 - 2,050
Years BuiltHouse-1980; Shop-1995; Garage-2019
Buildings3
Stories1
ZoningOpportunity Zone
Lot Size (acres)1
Price/Sq Ft (Land Value)$22.73/SF
APN05-18-05-15-0-000-018.000
OwnershipFee Simple
IntelligenceINTELLIGENCE
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Marketing Description

HIGH TRAFFIC BAY MINETTE, AL PROPERTY

Positioned just 3/10 miles from I-65, this 1-acre parcel delivers excellent visibility, ideal location, and acreage for any kind of fast food, Hotel, Restaurant, you name it.​ Daily traffic averages nearly 10,000 vehicles on Rabun Road/Hwy 287 and over 20,800 on I-65, with traffic volumes expected to rise due to ongoing developments.​

*Proximity to Key Areas:

6 miles to Downtown Bay Minette

34 miles to Mobile, AL

58 miles to the Gulf of Mexico

*Zoning Freedom & Tax Incentives

Unrestricted by city or county zoning, this property offers unparalleled flexibility for uses such as fast food, hotels, service stations, retail centers, multi-family housing, RV parks, or self-storage facilities.​ Additionally, its Opportunity Zone designation provides significant tax advantages for investors.​

*Economic Growth & Interstate Connectivity:

A 116-site RV Park was approved near this property.​ Baldwin County is the second fastest-growing county in Alabama and part of the 7th fastest-growing metro area in the U.​S.​ This property benefits from a booming economy.​

Easy access to I-65 and I-10 positions it as a hub for both industrial and commercial activity.​

Nearby, the new Novelis aluminum plant is driving growth.​

*Additional Features:

The property includes a single-family home, shop, and detached garage—perfect for temporary office space, light storage, or site preparation.​

Financing Assistance:

Small Business Association (SBA) financing options are available to help you bring your vision to life.​

This property is ready to support your success! Contact us today for more information, to schedule a viewing, or to discuss financing opportunities.​

Links of Interest:

1.​ https://www.​wkrg.​com/baldwin-county/5m-grant-awarded-to-improve-highway-287-near-new-novelis-plant/

2.​ https://baldwineda.​com/

3.​ https://cityofbayminetteal.​gov/business

4.​ https://adeca.​alabama.​gov/opportunityzones/

5.​ https://opportunityalabama.​com/

Crexi ID # 1664236

Investment Highlights

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Due Diligence

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