Thank you
Patty
PHD Real Estate, LLC
251-368-1063
Bay Minette, AL - This 0.74-acre lot is located on 4-lane Hwy 287/Rabun Road and is UNZONED... CORNER lot located in an area that is seeing growth, and it has all the makings of a good investment opportunity. The property is just a half mile from the certified 3,000-acre South Alabama Mega Site and 0.8 miles from the $2.5 Billion Novelis Recycling plant, which will drive traffic and put you in a prime position to take advantage of this area's strong industrial base and potential for development. Novelis is expected to be up and running in full capacity in 2025...no better time than to own land close to an up-and-coming business. Great visibility and heavy traffic with over 10,000 travelers, truckers & locals passing by daily just on Rabun Rd alone! The property is also just 2 MILES FROM I-65 with over 20,000 vehicles traveling this stretch of the interstate per day and provides an easy commute if you're coming from another part of town. Plenty of paved road frontage with 345 feet of access on Rabun Rd/Hwy 287 and Ransom Stewart Ln. This corner location with no zoning gives you plenty of options for future development, whether you want to put up an office building or even build a restaurant! And because it's also located in an Opportunity Zone, your investment will be eligible for tax breaks and other incentives. All these factors combined make this vacant lot an amazing opportunity for investors looking for a solid return on their investment in Baldwin County, which is home to 4 of Alabama’s top 10 fastest-growing cities. The property was previously a service station so there are 4 underground tanks…2 small and 2 larger tanks are underground. The Seller has obtained a quote to remove (negotiable with offer on removal).
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WaterSource: Public, Tap Fee Due
Paved
County Road
Lot Dimensions: 222x123x217x175
Lot Description: Corner Lot, Cleared
Lot Size Area: 0.74
Lot Size Units: Acres
Lot Square Feet: 32,234
Lot Acres: 0.74
Waterfront: No Waterfront, No Waterfront Features
Main Square Feet: 0.74
Property Type: Land
Sub Type: Land/Acreage
Subdivision: None
Original List Price: $800000
Parcel Number: 051808270000005.001
Elementary School: Local School In County
Junior High School: Local School In County
Senior High School: Local School In County
Natural Gas Connected, Electricity Connected, Gas, Phone Connected
Direction: From Atmore, AL: Go north on N Main St (AL-21). Go for 0.3 mi. Then Turn left onto W Howard St (CR-1). Go for 0.2 mi. Then continue on Jack Springs Rd (CR-1) at the fork. Go for 4.6 mi. Then take left ramp onto I-65 S toward Moblie. Go for 15.5 mi. Then 15.52 Take exit 37 toward AL-287/Gulf Shores Parkway/Bay Minette/Rabun. Go for 0.3 mi. Then turn left onto Rabun Rd (AL-287 S). Go for 1.5 mi. Then turn left on Ransom Stewart Ln. Property is on the corner of Ransom Stewart Ln & Rabun Rd (AL-287)
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
25001 Brady Mill Dam Road, Bay Minette, AL,36507 | $495,000 | -- | -- | -- | 80 Acres |
Dr Martin Luther King J.., Bay Minette, AL,36507 | $24,990 | -- | -- | -- | 2.5 Acres |
50375 Old Jacksprings R.., Bay Minette, AL,36507 | $169,900 | -- | -- | -- | 7 Acres |
41433 State Highway 225, Bay Minette, AL,36507 | $219,900 | 4 | 2.5 | 2,052 | 2 Acres |
37640 State Highway 225, Bay Minette, AL,36507 | $3,148,425 | -- | -- | -- | 315 Acres |
11000 Cord Avenue, Bay Minette, AL,36507 | $349,900 | 4 | 2 | 2,228 | 21780 Sqft |
507 Byrne Street, Bay Minette, AL,36507 | $135,000 | 3 | 1.5 | 1,762 | 10454.4 Sqft |
41911 State Highway 59, Bay Minette, AL,36507 | $219,500 | 4 | 3 | 2,832 | 1.44 Acres |
Whitehouse Fork Road, Bay Minette, AL,36507 | $324,000 | -- | -- | -- | 27 Acres |
1303 Shedrick Hardy Par.., Bay Minette, AL,36507 | $125,000 | 2 | 1 | 850 | 8102.16 Sqft |
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ByOwner last updated this listing 04/29/2024 @ 07:22
MLS: 633730
LISTED BY: Patty Helton Davis, PHD Real Estate, LLC
SOURCE: Pensacola MLS
Buyer Agency Compensation: 2.4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.