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49640 Rabun Rd
Bay MinetteAL 36507

$1,200,000
for sale
Tools
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Size
1 Acres
Exterior
Financial
$1,200,000
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Listing Details
Land
Property type
Local School In County
Schools
Local School In County
Elementary
Local School In County
Middle
Local School In County
High
8631178
Web Id
632128
MLS ID
387
Days Posted

Description

49640 Rabun Rd,

Bay Minette, AL 36507

Bay Minette, AL- 1 Mile from I-65! This 1 Acre commercial property for sale is a true gem strategically positioned next door to South Alabama Mega site where the new Novelis Low-Carbon, $2.5 Billion Aluminum Recycling Plant is under construction; to be completed in 2025. A red light was installed for egress/ingress into the plant & some utilities are available including water, power & sewer/septic. New apartments are in the process of being built on Hwy 287. The plant for the Atlanta-based Novelis is the first of its kind & first fully integrated, U.S. mill built in 40 yrs; set up to create over 1000 jobs. The South Alabama Mega site is a 3,000-acre certified site that offers businesses the opportunity to benefit from the shovel-ready industrial sites. Other outstanding features of this property are its Interstate Connectivity to I-65 & I-10 & its inclusion within an Opportunity Zone, which offers substantial tax incentives! This property is an irresistible prospect for investors! With an AADT of 9,960 on Rabun Road/Hwy 287 & 20,883 vehicles traversing daily along the interstate, enjoy heavy traffic & visibility for any venture. The potential is endless with no city or county zoning! Great location for a service station, fast food chain, multi-family complex, hotel, retail center, self-storage facility, RV Park you name it! With construction well underway, the value of this location is set to surge as the plant becomes operational, attracting businesses & creating an influx of opportunities. Extraordinary chance to capitalize on the booming economy of the 7th fastest-growing Metro Area in the U.S. & the 2nd fastest growing county in the state. The property includes a single-family & manufactured home presently offering temporary office space or light storage. With Downtown Bay Minette 6 mi away, Mobile AL 35 mi away & the Gulf of Mexico 58 mi away, this location offers a perfect balance between industrial/commercial accessibility & lifestyle amenities.

This is an Active listing.

Broker Office Phone Number: 251-368-1063

Copyright © 2024Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Price History

datepricevariancetype
8/21/2023$1,200,000-Listed
Listing By: PHD Real Estate, LLC via Data Source: Pensacola Association of REALTORS 
listing agent: Patty Helton Davis


Located at 49640 Rabun Rd, Bay Minette, Alabama 36507, this Land is for Sale with a price of $1,200,000 USD. The property. This listing encompasses a lot of 1 Acres. See all Homes for Sale in Bay Minette.
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