50280 Rabun Rd Bay Minette, AL 36507
Estimated payment $5,554/month
Total Views
8,063
1
Acre
$990,000
Price per Acre
43,560
Sq Ft Lot
About This Lot
HIGH TRAFFIC BAY MINETTE, AL PROPERTY - Positioned just 3/10 miles from I-65, this 1-acre parcel delivers excellent visibility, ideal location, and acreage for any kind of fast food, Hotel, Restaurant, you name it. Daily traffic averages nearly 10,000 vehicles on Rabun Road/Hwy 287 and over 20,800 on I-65, with traffic volumes expected to rise due to ongoing developments. *Proximity to Key Areas: 6 miles to Downtown Bay Minette 34 miles to Mobile, AL 58 miles to the Gulf of Mexico *Zoning Freedom & Tax Incentives: Unrestricted by city or county zoning, this property offers unparalleled flexibility for uses such as fast food, hotels, service stations, retail centers, multi-family housing, RV parks, or self-storage facilities. Additionally, its Opportunity Zone designation provides significant tax advantages for investors. *Economic Growth & Interstate Connectivity: A 116-site RV Park was approved near this property. Baldwin County is the second fastest-growing county in Alabama and part of the 7th fastest-growing metro area in the U.S. This property benefits from a booming economy. Easy access to I-65 and I-10 positions it as a hub for both industrial and commercial activity. Nearby, the new Novelis aluminum plant is driving growth. *Additional Features: The property includes a single-family home, shop, and detached garage—perfect for temporary office space, light storage, or site preparation. Financing Assistance: Small Business Association (SBA) financing options are available to help you bring your vision to life. This property is ready to support your success! Contact us today for more information, to schedule a viewing, or to discuss financing opportunities.
Property Details
Property Type
- Land
Est. Annual Taxes
- $455
Year Built
- 1980
Lot Details
- 1 Acre Lot
- Property fronts an interstate
- Cleared Lot
Schools
- Local School In County Elementary And Middle School
- Local School In County High School
Utilities
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 051805150000018.000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $455 | $20,340 | $3,100 | $17,240 |
| 2023 | $561 | $20,340 | $3,100 | $17,240 |
| 2022 | $486 | $17,840 | $0 | $0 |
| 2021 | $433 | $16,040 | $0 | $0 |
| 2020 | $408 | $15,220 | $0 | $0 |
| 2019 | $282 | $11,040 | $0 | $0 |
| 2018 | $266 | $10,500 | $0 | $0 |
| 2017 | $260 | $10,300 | $0 | $0 |
| 2016 | $235 | $9,480 | $0 | $0 |
| 2015 | -- | $8,380 | $0 | $0 |
| 2014 | -- | $8,320 | $0 | $0 |
| 2013 | -- | $8,320 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2024 12/19/24 | For Sale | $990,000 | -- | -- |
Source: Pensacola Association of REALTORS®
Similar Properties in Bay Minette, AL
Source: Pensacola Association of REALTORS®
MLS Number: 656611
APN: 18-05-15-0-000-018.000
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