48980 Rabun Road
Bay Minette, AL 36507
Map
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- – on site
Bay Minette, AL - NEW PRICE! 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 area's 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 you're 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! Located within both an Opportunity Zone and an SBA HUBZone, this property offers attractive tax incentives and federal contracting advantages. These designations can support businesses in lowering operational costs and boosting long-term investment returns. 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 Alabama's 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). Buyer to verify all information during due diligence.
Last checked:
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Last updated Feb 20, 2025
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MLS# 374330 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Financial & Terms
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Ownership:Whole/Full
Location
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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)
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Cross Street:Ransom Stewart Ln
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Zoning Description:Not Zoned,Outside Corp Limits
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Possible Use:Commercial, Mobile Home, Multi-Family, Not Specified, Single Family
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Parcel Number:051808270000005.001
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Lot Size Area:32234.4
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Lot Features:Lot, Less than 1 acre, Corner Lot, Level, See Remarks
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Lot Size Acres:0.74
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Lot Size SqFt:32234.4
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Lot Size Dimensions:222 x 123 x 217 x 175
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Lot Size Units:Square Feet
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Road Surface Type:Paved
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Road Frontage Type:County Road
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Frontage Length:345
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View:false
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View:None/Not Applicable
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Waterfront:false
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Waterfront Features:No Waterfront
Listing Agent
- Contact info:
- Agent phone:
- (251) 368-1063
- Office phone:
- (251) 368-1063
Taxes
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Tax Annual Amount:207
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Tax Legal Description:222' X 122.84' IRR FROM NW COR SEC 27 RUN E 712.18' TO E ROW CO HWY 47 FOR POB CONT E 122.84' S 217' W 174.9' N 222' TO POB SEC 27 T1S R3E
Utilities
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Utilities:See Remarks, Water Available
Schools
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Elementary School:Bay Minette Elementary
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Middle Or Junior School:Bay Minette Middle
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High School:Baldwin County High
The Community
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Community Features:None
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Association:false
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Subdivision:AL
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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2/19/25
Feb 19, 2025
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Price Changed | BCAR | $500,000 | -37.5% |
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2/18/25
Feb 18, 2025
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Listed / Active | BCAR | $800,000 |
