Courtesy of: Patty Helton Davis, PHD Realty, LLC, Patty@phdrealty.com
Courtesy of: Patty Helton Davis, PHD Realty, LLC, Patty@phdrealty.com
$990,000
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Lot: 1.00 Acres
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Other
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$990,000
50280 Rabun Road 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.
Courtesy of: Patty Helton Davis, PHD Realty, LLC, Patty@phdrealty.com
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