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50924 Rabun Rd
Bay Minette, AL 36507

56 acres! · Land For Sale · 56.00 AC

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Investment Highlights

Traffic Counts- I-65 2023 AADT of 20,883 (TADT % 30.22)
Zoning- B-2, General Business District

Parcel ID- 05-18-05-15-0-000-001.000

Executive Summary

Baldwin County Ranks Among Alabama’s Top 5 Counties for Business Growth, GDP Growth, New Building Permits and Business Investment.
Site less than 1 mile from South Alabama Mega Site, a 3,000-acre certified industrial site. In 2022, Novelis announced plans to invest $2.5 billion into a new advanced aluminum rolling and recycling manufacturing facility at the Mega Site. Novelis expects to create approximately 1,000 jobs with an average annual salary of $65,000 for its employees. Find out more about Novelis Bay Minette at http://www.novelis.com/bayminette/.

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Industrial Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Daycare Center General Freestanding Industrial Park Master Planned Community Neighborhood Center Office Park Planned Unit Development Storefront, Retail or Residential Strip Center
Property Type	Land	Total Lot Size	56.00 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Daycare Center General Freestanding Industrial Park Master Planned Community Neighborhood Center Office Park Planned Unit Development Storefront, Retail or Residential Strip Center
Total Lot Size	56.00 AC

1 Lot Available

Lot

Price	$4,200,000	Lot Size	56.00 AC
Price Per AC	$75,000

Price	$4,200,000
Price Per AC	$75,000
Lot Size	56.00 AC

Parcel ID- 05-18-05-15-0-000-001.000 I-65 Frontage- Over ½ of frontage on I-65 Location- NE quadrant of I-65 & Highway 287 (Exit 37)

Description

Land for sale for $4,200,000 on I-65

zoning

Zoning Code	B-2, General Busi (Unrestricted)
B-2, General Busi (Unrestricted)

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Listing ID: 32939035
Date on Market: 8/23/2024
Last Updated:
Address: 50924 Rabun Rd, Bay Minette, AL 36507

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