50280 Rabun Rd Bay Minette, AL 36507
Estimated payment $5,241/month
About This Lot
Bay Minette, AL - HIGHWAY 287/RABUN RD
1 Acre | 3/10 Mile from I-65 | Commercial Land Near Novelis & South Alabama Mega Site
Positioned just off Interstate 65, this 1-acre commercial lot for sale offers exceptional visibility and access for developers, investors, and national brands seeking high-traffic commercial property near the interstate. With 10,637 AADT on Rabun Rd/Hwy 287 (up 6.8% in one year) and 21,595 daily vehicles along nearby I-65 (up 3.4%), this location provides strong visibility and consistent exposure for retail, hotel, or restaurant development.
Surrounding Growth & Economic Drivers:
• 116-Site RV Park (under development) – near the South Alabama Mega Site, serving workers, travelers, and new residents.
• Old Towne Commons PUD (413± acres) – approved mixed-use development with:
• Phase 1: 77 single-family lots
• Phase 2: 115 single-family lots
•Future plans: 764 single-family lots, 392 multi-family units, and 47± acres of commercial space.
• Hilton-Branded Hotel & Two Restaurants – boosting lodging and dining options.
• “31 Commons” Retail & Office Center – planned along U.S. 31 South, creating new retail and business space.
• Big Mike’s Steakhouse & Cobblestone Hotel – planned for downtown, supporting Bay Minette’s downtown revitalization.
• $4.5 Billion Novelis Aluminum Plant – driving regional job growth and industrial expansion.
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, and more!
Located in an Opportunity Zone, this property offers significant tax incentives for developers and investors.
Additional Features:
Includes a single-family home, shop, and detached garage, ideal for temporary office use, contractor storage, or site staging during development.
Proximity to Key Markets:
• 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 property is ready to support your success! Contact Patty Helton Davis at (251)294-2057 for more information, to schedule a viewing, or to discuss financing opportunities.
Listing Agent
Patty Davis
PHD Realty LLC License #patty@phdrealty.com Listed on: 12/19/2024
Property Details
Property Type
- Land
Lot Details
- Property fronts a state road
- Chain Link Fence
- Few Trees
- Current uses include residential single
- Potential uses include commercial, mobile, residential multi-family, residential single, for development, homestead
Additional Features
- Shop
- Outside City Limits
- Septic Tank
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 | -- | -- |
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