Bay Minette, AL- 1 Mile from I-65! This 1 Acre commercial property for sale is a true gem strategically positioned next door to South Alabama Mega site where the new Novelis Low-Carbon, $2.5 Billion Aluminum Recycling Plant is under construction; to be completed in 2025. A red light was installed for egress/ingress into the plant & some utilities are available including water, power & sewer/septic. New apartments are in the process of being built on Hwy 287. The plant for the Atlanta-based Novelis is the first of its kind & first fully integrated, U.S. mill built in 40 yrs; set up to create over 1000 jobs. The South Alabama Mega site is a 3,000-acre certified site that offers businesses the opportunity to benefit from the shovel-ready industrial sites. Other outstanding features of this property are its Interstate Connectivity to I-65 & I-10 & its inclusion within an Opportunity Zone, which offers substantial tax incentives! This property is an irresistible prospect for investors! With an AADT of 9,960 on Rabun Road/Hwy 287 & 20,883 vehicles traversing daily along the interstate, enjoy heavy traffic & visibility for any venture. The potential is endless with no city or county zoning! Great location for a service station, fast food chain, multi-family complex, hotel, retail center, self-storage facility, RV Park you name it! With construction well underway, the value of this location is set to surge as the plant becomes operational, attracting businesses & creating an influx of opportunities. Extraordinary chance to capitalize on the booming economy of the 7th fastest-growing Metro Area in the U.S. & the 2nd fastest growing county in the state. The property includes a single-family & manufactured home presently offering temporary office space or light storage. With Downtown Bay Minette 6 mi away, Mobile AL 35 mi away & the Gulf of Mexico 58 mi away, this location offers a perfect balance between industrial/commercial accessibility & lifestyle amenities.
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: Wooded, Cleared
Lot Size: 1.00 Acres
Other
Directions Information:
Directions: From Atmore, AL: Head north on Main St/AL-21. Go for 0.4 mi. Then turn left onto W Howard St. Keep right crossing over the railroad tracks to get on Jack Springs Rd. Continue on Jack Springs Rd/CR-1. Go for 4.6 mi. Then take left ramp onto I-65 S toward Moblie. Go for 15.5 mi. Then take exit 37 toward AL-287/Bay Minette/Rabun/Hospital. Go for 0.3 mi. Then turn left onto Rabun Rd/AL-287 S. Go for 1.2 mi. Then turn left crossing Rabun Rd to property driveway.
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Tax Information:
Annual Amount: $108
Tax Year: 2020
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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 school4.08 miles
Public District Grades KG-6
3
/10
Pine Grove Elementary School
43980 Pine Grove Rd
Distance between this listing and this school5.79 miles
Public District Grades KG-6
4
/10
Delta Elementary School
10251 Whitehouse Fork Road Ext
Distance between this listing and this school12.10 miles
Public District Grades KG-6
Nearby Schools
4
/10
Bay Minette Middle School
1311 W 13th St
Distance between this listing and this school3.94 miles
Public District Grades 7-8
8
/10
Perdido Elementary School
23589 County Road 47
Distance between this listing and this school9.14 miles
Public District Grades KG-8
8
/10
Spanish Fort Middle School
33899 Jimmy Faulkner Dr
Distance between this listing and this school17.02 miles
Public District Grades 7-8
Nearby Schools
7
/10
Baldwin County High School
1 Tiger Dr
Distance between this listing and this school4.24 miles
Public District Grades 9-12
1
/10
Escambia County High School
1215 S Presley St
Distance between this listing and this school16.80 miles
Public District Grades 9-12
9
/10
Spanish Fort High School
1 Plaza De Toros Dr
Distance between this listing and this school18.76 miles
The neighbors living near this home have an average income of $39,780. Typical income of Bay Minette, AL residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 49640 Rabun Rd
What is the listing price of this property?
The listing price of 49640 Rabun Rd property is $1,200,000.
What type of property is this?
The property 49640 Rabun Rd is land located in Bay Minette, Alabama, 36507.
Is this property for sale now?
Active Listing: 49640 Rabun Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $108 (source: MLS/based on county public records data).
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This home is located at 49640 Rabun Rd in Bay Minette, AL and zip code 36507. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $1,200,000.
Over 0 listings were sold over their listed price in October 2024 in Bay Minette, AL. In the same period over 11 listings were sold below the listed price and 6 listings were sold for the listed price. In October 2024 in Bay Minette, AL there were 3.1% more homes for sale than in September 2024.
From Rocket Homes Real Estate and based on county public records data.
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