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50280 Rabun Rd, Bay Minette, AL, 36507

$990,000

1.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #371810
Lot Size1.00 Acres
StatusActive

About 50280 Rabun Rd

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. Buyer to verify all information during due diligence.

Property Details

Property Features

Listing Office:

  • Office Name: PHD Realty, LLC
  • Office Email: patty@phdrealty.com
  • Listing Agent: Patty Helton Davis

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 1.00 Acres

Other

Directions Information:

  • Directions: From Hwy 21 - Hwy 31 intersection, Atmore: Head west on Nashville Ave (US-31). Go for 8 mi. Then Turn right onto CR-47. Go for 1 mi. Then Turn right onto CR-61. Then take immediate left to get back onto CR-47. Go for 2 mi. Then Turn left and take ramp onto I-65 S toward Mobile. Go for 7.0 mi. Then Take exit 37 toward Bay Minette/Rabun and Turn left onto Rabun Rd (AL-287 S) toward Hospital. Go for 0.5 mi. Property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $990,000

Tax Information:

  • Annual Amount: $408
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bay Minette, AL.

Med. Sold Price

$236.5K

Med. Price/SqFt

$146

Avg. Days On Market

8

# of Sold Homes

17

50280 Rabun Rd vs Bay Minette

1 DAY ON ROCKET

-7 Days

$990,000

+$753.5K More

KEY TAKEAWAY

This property is $753.5K more than the Median Sold Price in Bay Minette, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #371810

Listing Office:

  • Office Name: PHD Realty, LLC
  • Office Email: patty@phdrealty.com
  • Listing Agent: Patty Helton Davis

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/20/2024, 12:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$408$15,220
2019$282$11,040
2018$266$10,500
2017$260$10,300

History based on county public records data.

Payment Calculator

$5,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,035

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.

Nearby Schools

school-card-donut-500420
4
/10
  • Bay Minette Elementary School

  • 800 Blackburn Ave

  • 4.81 miles

  • Public District Grades KG-6

school-card-donut-500421
3
/10
  • Pine Grove Elementary School

  • 43980 Pine Grove Rd

  • 6.49 miles

  • Public District Grades KG-6

school-card-donut-500422
4
/10
  • Delta Elementary School

  • 10251 Whitehouse Fork Road Ext

  • 12.80 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,780. The majority of Bay Minette, AL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 50280 Rabun Rd

What is the listing price of this property?

The listing price of 50280 Rabun Rd property is $990,000.

What type of property is this?

The property 50280 Rabun Rd is land located in Bay Minette, Alabama, 36507.

Is this property for sale now?

Active Listing: 50280 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 $408 (source: MLS/based on county public records data).

How much acreage is this property?

The property 50280 Rabun Rd is 1.00 acres.
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Rocket HomesAlabamaBaldwin CountyBay Minette3650750280 Rabun Rd

This home is located at 50280 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 December 19, 2024 and is currently priced at $990,000.

In November 2024 more than 5 listings in Bay Minette, AL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 9 were sold below. The number of listings in Bay Minette, AL decreased by 2.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $236,500, while the average time on the real estate market was 8 days.

From Rocket Homes Real Estate and based on county public records data.

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