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2.3 Acres: Located Between I-65 & I-10 in Opportunity Zone

Ready For Development, 15 Mins From I-65 & I-10, Utilities in place, Endless Possibilities!

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Asking Price: $164,000

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41850 AL-59, Bay Minette, AL 36507

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Date Added
Sep 25, 2024
Days on Market
231 days
Time Since Last Update
41 days

Details

Property TypeLand
SubtypeCommercial, Industrial, Retail
ZoningOpportunity Zone
Lot Size (acres)2.3
APN05-23-08-33-0-000-010.000
OwnershipFee Simple
IntelligenceINTELLIGENCE
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Marketing Description

Bay Minette, AL – 2.3 Acres of High-Traffic Land strategically positioned between I-65 and I-10 on Hwy 59/Gulf Shores Pkwy.​ Truly a great location!

  • Coastal Alabama Community College’s Bay Minette campus is 1.5 miles up the road making this location a great location for apartments or potentially student housing.​

  • Railroad Resource Services, 2 miles away, is a railcar transloader and trucking company that can service your transportation needs.​ Currently, they operate with 3 rail spurs serviced by CSX and owned by them.​

  • There is the new $24 Million Southern Visions facility a mile up the road.​ The 125,000 sqft facility broke ground in 2018 and expects to create 66+/- new jobs.​ Headquartered in Loxley, AL, the company is the maker of Sweet Brew tea and lemonade, and has been experiencing a growth in their national clientele and network of distribution partners.​ The new facility in Bay Minette is meant to support their growing demand.​

  • Just 9 miles north of this property, the city is welcoming a new $2.5 billion low-carbon aluminum recycling and rolling plant from Novelis in the South Alabama Mega Site, marking the first fully integrated U.​S.​ mill in 40 years.​

  • A mix of retail, logistics, manufacturing, and other businesses in the immediate area of the property.​

  • High Traffic counts on Hwy 59: Between 17,796 AADT and 19,249 AADT.​

  • Located outside city limits with no zoning restrictions, this flexible site is ideal for a variety of uses, benefiting from the area’s steady economic development.​ Build a service station, fast food chain, multi-family complex, hotel, retail center, self-storage facility, RV park, etc.​

  • Plus it’s in a Federal Opportunity Zone! Investors and developers will appreciate its inclusion in a federal zone aimed at fostering economic growth, and presenting unique development incentives.​

  • With Downtown Bay Minette just 6 miles away, Mobile, AL within 35 miles, and the Gulf of Mexico 52 miles away, the location strikes a balance between industrial/commercial accessibility and lifestyle amenities.​

This development-ready 2.3-acre parcel is partially cleared and offers excellent visibility plus a heavy traffic flow.​ With 825 feet of paved road frontage, the site ensures easy access for commuters traveling to Gulf Shores beaches, just 52 miles south, and major interstates, I-65 (9.5 miles) and I-10 (15 miles).​ Utilities—including power, telephone, and gas—are already in place and available with a connection fee, making this property primed for your next commercial or business venture.​

Located in the 7th fastest-growing Metro Area in the U.​S.​ and the 2nd fastest-growing county in the state, Bay Minette is experiencing continuous economic development with infrastructure improvements, businesses choosing Bay Minette for their new facilities, and increasing tourism traffic to the nearby Gulf Coast.​

As the county seat, the area attracts new industries through collaborations with local economic organizations and the promotion of the Mega Site, while also offering various recreational activities, including parks and waterways like the Tensaw River Delta and Gulf of Mexico.​ There are approximately 8,500+/- residents within city limits, with another 20,000+/- in the surrounding North Baldwin County.​ The location's proximity to major highways and community amenities makes it an exceptional choice for businesses looking to capture local and regional customers.​

Don’t miss this rare chance to develop along one of the region’s most well-traveled corridors!

Links of interest:

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

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

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

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

  5. 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/

Crexi ID # 1668819

Investment Highlights

  • Federal Opportunity Zone

  • Heavy Traffic: 17,796+ AADT

  • Lots of Growth in the Area

  • Over 800 feet of paved road frontage

  • Utilities in place

  • No City or County Zoning

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