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50280 Rabun Rd - 1 AC 3/10 MILE FROM I-65 | NEAR NOVELIS

1 Acre of Commercial Land Offered at $990,000 in Bay Minette, AL 36507

Investment Highlights

  • This property benefits from an exceptional location 0.5 mile from Novelis Plant and South AL Mega Site.
  • With 88 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 0.3 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 - 3/10 mile off of I-65 with 1 acre. Perfect location and acreage for any kind of fast food, Hotel, Restaurant...The property boasts heavy traffic and visibility, with an Average Annual Daily Traffic (AADT) of nearly 10,000 on Rabun Road/Hwy 287 and 20,883 vehicles daily along the I-65, with expected increases. New apartments are in the process of being built on Hwy 287...getting ready for Novelis...
Versatile Zoning Options and Opportunity Zone: : The absence of city or county zoning provides flexibility for various commercial ventures, such as a service station, fast food chain, multi-family complex, hotel, retail center, self-storage facility, RV park, etc. Opportunity Zone provides substantial tax incentives for potential investors.
Interstate Connectivity and Booming Economy: The property offers interstate connectivity to I-65 and I-10 and is situated in the 7th fastest-growing Metro Area in the U.S. Baldwin is the 2nd fastest-growing county in the state, presenting an extraordinary chance to capitalize on the region's economic growth.
Additional Features: There is a single-family home, Shop, and detached garage on the property, offering potential temporary office space or light storage.
Proximity to Amenities: With Downtown Bay Minette just 6 miles away, Mobile, AL within 34 miles, and the Gulf of Mexico 58 miles away, the location strikes a balance between industrial/commercial accessibility and lifestyle amenities.
Financing Assistance: Potential buyers can benefit from assistance in viewing the property or financing through the Small Business Association (SBA).
This property is poised to be a lucrative investment, given its strategic location, upcoming industrial development, and favorable zoning conditions. Explore this opportunity and consider its potential for your various commercial ventures.
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 $990,000
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
  • 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 $990,000
Price Per AC $990,000
Lot Size 1.00 AC

1 Acre lot 0.5 miles from South AL Mega Site entrance. 1 single-family home and detached garage. Property grounds are well kept. Cleared with some trees. Water through North Baldwin Utilities. Power through Baldwin EMC.Lot size: 88x330x184x179x15x195

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.[1] 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. [2] 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. [2] 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. [3] Visit Baldwin County Economic Development Alliance website for more information on Economic Development and incentives. Source: 1. https://cityofbayminetteal.gov/business/south-alabama-megasite#:~:text=North%20Baldwin%20County%20is%20the,and%20shovel%20ready%20industrial%20sites. 2. https://www.novelis.com/bayminette/ 3. https://baldwincountyal.gov/community/about-baldwin-county LoopNet ID: 33126176

zoning

Zoning Code Unzoned (No city or county zoning, but property is located in an Opportunity Zone.)
Unzoned (No city or county zoning, but property is located in an Opportunity Zone.)
  • Listing ID: 33126176

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 50280 Rabun Rd, Bay Minette, AL 36507

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