50280 Rabun Rd Bay Minette, AL 36507
Estimated payment $5,256/month
Highlights
- 1 Acre Lot
- No HOA
- Fenced
About This Lot
Bay Minette, AL- 1 Acre Less than a Mile from I-65, Novelis and Mega Site, Fast Growth Area, High Traffic- This commercial lot offers excellent visibility & access for developers, investors, and national brands seeking high-traffic commercial property near I-65. With 10,637 AADT on Rabun Rd/Hwy 287 (up 6.8% in one year) and 21,595 daily vehicles on I-65 (up 3.4%), this location provides strong visibility & consistent exposure for retail, hotel, restaurant, etc. Surrounding Developments: *25 mins from Baldwin Prep Academy. *New 116-Site RV Park near the Mega Site to serve industrial workers, travelers & visitors. *Old Towne Commons PUD (413 ± Acres): Approved mixed-use project with Phase 1 (77 single-family lots) & Phase 2 (115 lots) already platted; full plan includes 764 single-family lots, 392 multi-family units & 47 ± acres of commercial space. *Hilton-Branded Hotel & 2 Restaurants: expanding lodging & dining options. *“31 Commons” Retail & Office Center: Planned along U.S. 31 South to add new retail & commercial opportunities. *Big Mike’s Steakhouse & Cobblestone Hotel: planned for downtown, driving Bay Minette’s revitalization. *Novelis $4.5 Billion Aluminum Plant: Fueling regional industrial & infrastructure growth. Zoning Flexibility & Investment Advantages: Unzoned property allows for restaurant development sites, gas stations, quick-service restaurants (QSRs), convenience stores, multi-family projects, RV parks, or warehouse space. Located in an Opportunity Zone, this property offers significant tax incentives for developers and investors. Additional Features include a single-family home, shop, and detached garage. Proximity to Key Areas: 6 miles to Downtown Bay Minette. 34 miles to Mobile, AL. 58 miles to the Gulf of Mexico. Financing Assistance Available: Eligible for SBA commercial real estate financing for qualified buyers and developers. This strategic location is poised for commercial success and ready for development. Buyer to verify all information.
Listing Agent
PHD Realty, LLC Brokerage Email: patty@phdrealty.com Listed on: 12/19/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $455
Lot Details
- 1 Acre Lot
- Lot Dimensions are 88 x 330 x 184 x 179 x 15 x 19
- Property fronts a state road
- Fenced
- Few Trees
- Zoning described as Single Family Residence,2+ Family Residence,Not Zoned,Outside Corp Limits
Schools
- Bay Minette Elementary School
- Bay Minette Middle School
- Baldwin County High School
Utilities
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 051805150000018.000
Map
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2024 12/19/24 | For Sale | $990,000 | -- | -- |
Source: Baldwin REALTORS®
MLS Number: 371810
APN: 18-05-15-0-000-018.000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 50040 Rabun Rd
- 15243 Shipp Rd Unit 4
- 15281 Shipp Rd Unit 3
- 49640 Rabun Rd Unit A
- 15685 Louis Cooper Rd
- 18 Louis Cooper Rd
- 15660 Louis Cooper Rd
- 49260 Rabun Rd
- 48818 Living Way
- 000 Rabun Rd Unit 1 & 2
- 15373 Calvin Richerson Rd
- 15799 Fawns Run Rd
- 15799 Fawns Run Rd Unit 1
- 48055 Old Stockton Rd
- 48980 Rabun Rd
- 2705 Brentwood Dr
- 0 St Hwy 59 Hwy Unit 1 380398
- 0 St Hwy 59 Hwy Unit 366099
- 2603 Scarlet Dr
- 515 Cate Ct Unit Lot 515, Ph V
- 410 W 16th St
- 200 N Dobson Ave
- 10733 Aspinwall Rd
- 1801 U S 31
- 42620 Nicholsville Rd
- 704 W Sunset Dr
- 321 N Trammell St Unit 4
- 2065 Marion Dr S
- 12919 Churchill Dr Unit B
- 33171 Stables Dr
- 6350 Gilbert Dr W
- 311 Magnolia Ave Unit 44
- 12424 Cambron Trail
- 32199 Emancipation Cir
- 13255 Cavalier St
- 13362 Monticello Blvd
- 13248 Cavalier St
- 31277 Palladian Way
- 31611 Plaza de Toros Dr S
- 5259 Us-43