Bay Minette, AL - UNZONED CORNER LOT! This 0.74 acre lot is located on the 4-lane hwy 287/Rabun Rd in an area that is seeing growth. 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 Recyling Plant, which will drive traffice and put you in a price position to take advantage of the areas strong industrial base and potential for development. New apartments are also in the process of being built on Hwy 287...Novelis is expected to be up and running in full capacity in 2025... No better time than now 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 on Rabun Rd alone. The property is also 2 MILES FROM I-65 with 20,883 vehicles traveling this stretch of the interstate per day. This also provides an easy commute if youre coming from another part of town. Plenty of paved road frontage with 345 ft 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 its 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. Baldwin County is home to 4 of Alabamas top 10 fastest growing cities. The property was previously a service station so there are 4 underground tanks...2 small and 2 larger tanks. The seller has obtained a quote to remove (negotiable with an offer on removal).
Property Details
Property Features
Listing Office:
Office Name: PHD Real Estate, LLC
Office Email: patty@PHDRealty.com
Listing Agent: Patty Helton Davis
Lot Features
Lot Information:
Lot: Corner Lot, Cleared
Lot Size: 0.74 Acres
Other
Directions Information:
Directions: 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)
Price Information
Listing Price Info
Price Summary:
List Price: $800,000
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Bay Minette Elementary School
800 Blackburn Ave
Distance between this listing and this school3.51 miles
Public District Grades KG-6
3
/10
Pine Grove Elementary School
43980 Pine Grove Rd
Distance between this listing and this school5.26 miles
Public District Grades KG-6
4
/10
Delta Elementary School
10251 Whitehouse Fork Road Ext
Distance between this listing and this school11.53 miles
Public District Grades KG-6
Nearby Schools
4
/10
Bay Minette Middle School
1311 W 13th St
Distance between this listing and this school3.36 miles
Public District Grades 7-8
8
/10
Perdido Elementary School
23589 County Road 47
Distance between this listing and this school9.53 miles
Public District Grades KG-8
8
/10
Spanish Fort Middle School
33899 Jimmy Faulkner Dr
Distance between this listing and this school16.44 miles
Public District Grades 7-8
Nearby Schools
7
/10
Baldwin County High School
1 Tiger Dr
Distance between this listing and this school3.67 miles
Public District Grades 9-12
1
/10
Escambia County High School
1215 S Presley St
Distance between this listing and this school17.09 miles
Public District Grades 9-12
9
/10
Spanish Fort High School
1 Plaza De Toros Dr
Distance between this listing and this school18.19 miles
The neighbors living near this home have an average income of $39,780. Most Bay Minette, AL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 48980 Rabun Rd
What is the listing price of this property?
The listing price of 48980 Rabun Rd property is $800,000.
What type of property is this?
The property 48980 Rabun Rd is land located in Bay Minette, Alabama, 36507.
Is this property for sale now?
Active Listing: 48980 Rabun Rd is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 48980 Rabun Rd in Bay Minette, AL and zip code 36507. This home sits on a 0.74 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $800,000.
Over 5 listings were sold over their listed price in November 2024 in Bay Minette, AL. In the same period over 9 listings were sold below the listed price and 3 listings were sold for the listed price. In November 2024 in Bay Minette, AL there were 2.2% less homes for sale than in October 2024. While the average time on the market in November 2024 was 8 days, the median list price was $236,500.
From Rocket Homes Real Estate and based on county public records data.
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