48980 Rabun Road

Bay Minette, AL 36507

$800,000
Price
32,234 / 0.74
Lot Size / Acres

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).
  1. 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 Description
Business,Commercial,County,Mobile Homes,Res Multi,Unrestricted
LISTING UPDATED: 10/24/2024 08:42 PM

Property Details for 48980 Rabun Road

StatusActive
MLS #633730
Days on Market432
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Land/Acreage
Year Built-
Lot Size0.74 AC
CountyBaldwin County

Building Information for 48980 Rabun Road

Lot Size0.74 AC

Property Information for 48980 Rabun Road

Summary
Location and General Information
  • Directions: From Atmore, AL: Go north on N Main St (AL-21). Go for 0.3 mi. Then Turn left onto W Howard St (CR-1). Go for 0.2 mi. Then continue on Jack Springs Rd (CR-1) at the fork. Go for 4.6 mi. Then take left ramp onto I-65 S toward Moblie. Go for 15.5 mi. Then 15.52 Take exit 37 toward AL-287/Gulf Shores Parkway/Bay Minette/Rabun. Go for 0.3 mi. Then turn left onto Rabun Rd (AL-287 S). Go for 1.5 mi. Then turn left on Ransom Stewart Ln. Property is on the corner of Ransom Stewart Ln & Rabun Rd (AL-287)
  • Latitude: 30.939497
  • Longitude: -87.765605
  • Subdivision Name: None
  • Topography: High/Dry,Level
Taxes and HOA Information
  • Tax Legal Description: 222' X 122.84' IRR FROM NW COR SEC 27 RUN E 712.18' TO E ROW CO HWY 47 FOR POB CONT E 122.84' S 217' W 174.9' N 222' TO POB SEC 27 T1S R3E
  • Assn: NONE
School Information
  • Elementary School: Local School In County
  • High School: Local School In County
  • Middle Or Junior School: Local School In County
Property
Lot Information
  • Frontage Length: Water Frontage(0),Road Frontage(345)
  • Lot Features: Corner Lot, Cleared
  • Lot Size Dimensions: 222x123x217x175
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Electric On Property: Yes
  • Horse: No
  • Waterfront: No
Property and Assessments
  • Current Use: Commercial, Mobile Home, Multi-Family, Other, See Remarks
  • Documents Available: Aerial Photo
  • Documents Count: 4
  • Parcel Number: 051808270000005.001
  • MISCELLANEOUS: AERIALS AVAILABLE
  • Mineral Rights: No
  • Photos Count: 28
Utilities
  • Sewer: None
  • Utilities: Natural Gas Connected, Electricity Connected, Gas, Phone Connected
  • Water Source: Public, Tap Fee Due
Rental
Rental Information
  • Land Lease Amount Frequency: Annually
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for 48980 Rabun Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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48980 Rabun Road is a 0.74 ac of land for sale in Bay Minette, AL 36507. This property was listed for sale on September 20, 2023 by PHD Real Estate, LLC, it's currently listed at $800,000. Nearby schools include Bay Minette Elementary School, Bay Minette Middle School and Baldwin Co High School. 48980 Rabun Road is a 0-bed, 0-bath, 0.74 ac of land on a 32,234 sq. ft. / 0.74 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of PHD Real Estate, LLC

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.