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49640 Highway 287 - 1 AC NEXT TO NOVELIS & SOUTH ALABAMA MEGASITE

1 Acre of Commercial Land Offered at $1,200,000 in Bay Minette, AL 36507

Investment Highlights

  • This property benefits from an exceptional location with the same traffic light as the new Novelis Plant and South AL Mega Site.
  • With 231 ft of paved road frontage on a 4-lane Hwy 287, this property offers an ideal setup for businesses seeking exposure and easy customer access.
  • The property is situated in a rapidly developing county, making it an attractive investment opportunity for businesses.
  • The property is conveniently located just 1 mile from I-65, a major interstate highway, enhancing its connectivity.
  • Investors and businesses can benefit from the tax advantages provided by being in an Opportunity Zone.

Executive Summary

Bay Minette, AL – 1-acre commercial property with unmatched access and opportunity in a rapidly growing area. Just 1 Mile from I-65 & Novelis Plant! This exceptional property off I-65 and adjacent to the South Alabama Mega Site is perfectly positioned near the $2.5 billion Novelis Low-Carbon Aluminum Recycling Plant, set to open in 2025 and create over 1,000 jobs. A newly installed red light on Hwy 287 ensures smooth ingress/egress, while water, power, and sewer/septic are readily available.
Key Features:
*Exceptional Infrastructure: Direct access to Hwy 287 with a $5 Mill grant for infrastructure upgrades.
*High Traffic & Visibility: 9,960 AADT on Hwy 287 and 20,883 vehicles daily on nearby I-65.
*Proximity to Growth: 116 site RV Park approved near this property. Plus, Bay Minette is the county seat for Baldwin County, which is the 7th fastest-growing Metro Area in the U.S.
*Development Potential: No city or county zoning—ideal for service stations, fast-food chains, multi-family complexes, hotels, retail centers, self-storage facilities, RV parks, offices, and more.
Proximity to key locations enhances the property’s value:
- Downtown Bay Minette (6 mi SE): daily necessities and employment.
- Mobile, AL (35 mi SE): domestic and international port.
- Gulf of Mexico (58 mi S): vibrant beaches and tourist areas.
With construction of the plant well underway, this area is poised for rapid growth. The South Alabama Mega Site’s 3,000 certified acres offer businesses excellent transportation links and shovel-ready industrial sites. Additionally, being located within an Opportunity Zone, investors can take advantage of tax incentives.
The property also includes a single-family home and manufactured home, perfect for temporary office space or storage. Don’t miss the chance to invest in one of the fastest-growing regions in the U.S., with a booming economy and unmatched potential!
Call Us Today for Assistance's in viewing the property or financing today with Small Business Association.
Links of interest:
1. 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/
2. Baldwin County Economic Development Alliance: https://baldwineda.com/
3. City of Bay Minette: https://cityofbayminetteal.gov/business
4. Alabama Department of Economic & Community Affairs: https://adeca.alabama.gov/opportunityzones/
5. Opportunity Alabama: https://opportunityalabama.com/

Property Facts

Price $1,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Auto Dealership
  • Auto Repair
  • Auto Salvage Facility
  • Bank
  • Carwash
  • Cemetery or Mausoleum
  • Community Center
  • Contractor Storage Yard
  • Convenience Store
  • Daycare Center
  • Department Store
  • Drugstore
  • Fast Food
  • Funeral Home
  • Garden Center
  • General Freestanding
  • Healthcare
  • Health Club
  • Hotel
  • Industrial Live or Work Unit
  • Lodge or Meeting Hall
  • Loft or Creative Space
  • Lumberyard
  • Manufactured Homes or Mobile Home Park
  • Medical
  • Motel
  • Movie Theater
  • Movie, Radio or Television Studio
  • Neighborhood Center
  • Office Park
  • Open Space
  • Outlet Center
  • Planned Unit Development
  • Police or Fire Station
  • Post Office
  • Power Center
  • Public Library
  • Public Park
  • Public Swimming Pool
  • Research and Development
  • Radio or Television Transmission Facility
  • Recycling Center
  • Refrigeration or Cold Storage
  • Rehabilitation Center
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Self Storage
  • Service Station
  • Shelter
  • Single Family Development
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
  • Trailer or Camper Park
  • Truck Stop
  • Truck Terminal
  • Utility Substation
  • Veterinarian or Kennel
  • Warehouse
  • Single Family Residence
Total Lot Size 1.00 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,200,000
Price Per AC $1,200,000
Lot Size 1.00 AC

1 ac lot next to Novelis / Mega Site entrance. 1 single-family home, 1 manufactured home. Property grounds well kept, cleared with some trees. Metal shed. Water and natural gas are available through North Baldwin Utilities. Lot size: 231x158x215x245.

Description

North Baldwin County is the home of the South Alabama Mega Site, a 3,000-acre certified site north of the city that offers businesses the opportunity to benefit from the excellent transportation links and shovel-ready industrial sites. As the county seat, the City of Bay Minette is excited to welcome Novelis to the Mega site. Novelis is building a Low-Carbon, $2.5 Billion Aluminum Plant, a recycling & rolling facility in Bay Minette, Alabama, which is the first of its kind and first fully integrated, U.S. mill built in 40 years. Bay Minette is home to numerous industries; and seeks new employers through partnerships with the Baldwin County Economic Development Alliance, the North Baldwin Chamber of Commerce, and the promotion of the Mega site. Bay Minette also provides a wide variety of recreational activities from parks to waterways such as the Tensaw River Delta and the Gulf of Mexico. Conveniently located 35 miles northeast of Mobile, AL, 45 miles west of Pensacola, FL, and 75 miles east of Biloxi, MS. There are approximately 8,500 residents living in the city limits and an additional 20,000 beyond the city limits in North Baldwin. Baldwin County, Alabama, is located along the shores of the Gulf of Mexico and Mobile Bay. It remains a popular destination for visitors, from all over the nation and world, year-round because of first-class golf courses, beautiful beaches, unlimited recreational opportunities, health economy, and first-class public school system which, collectively, has contributed to the county’s explosive population growth. Visit Baldwin County Economic Development Alliance website for more information on Economic Development and incentives. LoopNet ID: 29326018

zoning

Zoning Code Opportunity Zone (No city or county zoning, but property is located in an Opportunity Zone.)
Opportunity Zone (No city or county zoning, but property is located in an Opportunity Zone.)
  • Listing ID: 29326018

  • Date on Market: 8/21/2023

  • Last Updated:

  • Address: 49640 Highway 287, Bay Minette, AL 36507

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