48980 Rabun Road
$800,000
32,234 / 0.74
Description
Bay Minette, AL - UNZONED CORNER LOT! This 0.74 acre lot is located on the 4-lane hwy 287/Rabun Rd in an area that is seeing growth. It has all the makings of a good investment opportunity! The property is just a half mile from the certified 3,000 acre South Alabama Mega Site, and 0.8 miles from the $2.5 Billion Novelis Recyling Plant, which will drive traffice and put you in a price position to take advantage of the area's strong industrial base and potential for development. New apartments are...Bay Minette, AL - UNZONED CORNER LOT! This 0.74 acre lot is located on the 4-lane hwy 287/Rabun Rd in an area that is seeing growth. It has all the makings of a good investment opportunity! The property is just a half mile from the certified 3,000 acre South Alabama Mega Site, and 0.8 miles from the $2.5 Billion Novelis Recyling Plant, which will drive traffice and put you in a price position to take advantage of the area's strong industrial base and potential for development. New apartments are also in the process of being built on Hwy 287... Novelis is expected to be up and running in full capacity in 2025... No better time than now to own land close to an up-and-coming business. Great visibility and heavy traffic with over 10,000 travelers, truckers, & locals passing by daily on Rabun Rd alone. The property is also 2 MILES FROM I-65 with 20,883 vehicles traveling this stretch of the interstate per day. This also provides an easy commute if you're coming from another part of town. Plenty of paved road frontage with 345 ft of access on Rabun Rd/Hwy 287 and Ransom Stewart Ln. This corner location with no zoning gives you plenty of options for future development, whether you want to put up an office building or even build a restaurant! And because it's located in an Opportunity Zone, your investment will be eligible for tax breaks and other incentives. All these factors combined make this vacant lot an amazing opportunity for investors looking for a solid return. Baldwin County is home to 4 of Alabama's top 10 fastest growing cities. The property was previously a service station so there are 4 underground tanks...2 small and 2 larger tanks. The seller has obtained a quote to remove (negotiable with an offer on removal).
- Listed by Patty Helton Davis • PHD Real Estate, LLC • patty@PHDRealty.com
Property Details for 48980 Rabun Road
Waterfront Features
No Waterfront, No Waterfront Features
Zoning DescriptionBusiness,Commercial,County,Mobile Homes,Res Multi,Unrestricted
LISTING UPDATED: 10/24/2024 08:42 PM
Property Details for 48980 Rabun Road
Status | Active |
---|---|
MLS # | 633730 |
Days on Market | 463 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Land/Acreage |
Year Built | - |
Lot Size | 0.74 AC |
County | Baldwin County |
Building Information for 48980 Rabun Road
Lot Size0.74 AC
Property Information for 48980 Rabun Road
Property History for 48980 Rabun Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 48980 Rabun Road
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 4 to 6 |
Rating | School | Distance |
---|---|---|
Bay Minette Elementary School PublicPK to 6 | ||
Bay Minette Middle School Public7 to 8 | ||
Baldwin Co High School Public9 to 12 | ||
Bay Minette Intermediate School Public4 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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