For Sale
$1,200,000

49640 Rabun Rd/Hwy 287Bay Minette, AL 36507

High-growth area, I-65 access, development potential.

Source: https://www.saltercompany.com

Overview

Added:
Feb 5
Days on market:
62
This exceptional 1-acre commercial property in Bay Minette, Alabama, presents a unique investment opportunity. Located just one mile from I-65 and adjacent to the South Alabama Mega Site, it benefits from unparalleled access and visibility. The property is situated directly off Highway 287, a location boasting 9,960 AADT, and enjoys proximity to I-65's 20,883 daily vehicles. A recently installed traffic signal ensures smooth ingress and egress. Utilities including water, power, and sewer/septic are readily available. A $5 million grant has been secured for infrastructure upgrades in the area. The absence of city or county zoning allows for diverse development options, including service stations, fast-food restaurants, multi-family housing, hotels, retail centers, self-storage facilities, RV parks, and office spaces. The property's proximity to the $2.5 billion Novelis Low-Carbon Aluminum Recycling Plant (opening 2025, creating over 1,000 jobs) and an approved 116-site RV park further enhances its value. Baldwin County, where Bay Minette serves as the county seat, is the 7th fastest-growing metro area in the U.S. The property is also conveniently located near downtown Bay Minette (6 miles), Mobile's port (35 miles), and the Gulf of Mexico (58 miles). The site is within an Opportunity Zone, offering potential tax incentives for investors. Existing structures include a single-family home and a manufactured home, suitable for temporary office space or storage. This is an unparalleled chance to capitalize on the explosive growth of this region. The South Alabama Mega Site's 3,000 certified acres provide excellent transportation links and shovel-ready industrial sites.

Highlights

  • One-acre commercial lot near Novelis plant and I-65 in rapidly growing Bay Minette, Alabama.
  • High traffic counts on Hwy 287 and I-65 offer excellent visibility and accessibility.
  • Development potential includes various uses, benefiting from available utilities and infrastructure upgrades.

Property Details for 49640 Rabun Rd/Hwy 287

Property type
Land, Residential land & home lots
Square Feet
43,560 SF
Price / Square Foot
$27.55
Elevators
N/A
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Bay Minette
County
Baldwin
State
Alabama

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49640 Rabun Rd/Hwy 287
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