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Lot/land
  • $500,000

    48980 Rabun Rd, Bay Minette, AL 36507

    --beds
    --baths
    0.74Acres
    Unimproved Land
    Built in ----
    0.74 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Bay Minette, AL- NEW PRICE! 0.74± ACRE CORNER | UNZONED | NEXT TO NOVELIS | OPPORTUNITY ZONE & SBA HUBZONE - This unzoned corner parcel of commercial development land is at the heart of one of Baldwin County's most active growth corridors. Approximately 345 ft of paved frontage on 4-lane Hwy 287/Rabun Rd and Ransom Stewart Ln, with strong demographics, high visibility, and steady traffic flow. Just 1/2 mile from the $4.1B Novelis low-carbon aluminum plant at the 3,000-acre South Alabama Mega Site — projected to employ 1,000+ workers. The brand-new Oak View RV Park (116 full-hookup sites) sits directly between this property and Novelis, placing the site along a path of daily traffic. Key Highlights: *4± miles from the approved Baldwin Beach Express II — a 25-mile divided highway that will link I-65 at Bay Minette to I-10 and the Gulf Coast, with a planned interchange at the Novelis facility *Unzoned — full flexibility for commercial, retail, hospitality, light industrial, service, mixed or even residential use *Opportunity Zone & SBA HUBZone — potential tax incentives and federal contracting advantages *2 miles from I-65 *Hwy 287 carries 10,637 AADT (up 6.8% YOY); I-65 carries 21,595 daily vehicles (up 3.4%) *Water & natural gas available through North Baldwin Utilities *$5M infrastructure grant awarded to upgrade Hwy 287 near the Novelis plant. Surrounding momentum includes the 413± acre Old Towne Commons PUD (764 single-family lots, 392 multi-family units, and 47± acres of commercial space at full buildout), a new Hilton-branded hotel & restaurants, the "31 Commons" retail & office center, Big Mike's Steakhouse & Cobblestone Hotel downtown, and Baldwin Preparatory Academy 20 minutes away. Baldwin County is home to four of Alabama's ten fastest-growing cities. Note: Site previously operated as a service station. Four underground tanks remain; removal quote available and negotiable with offer. Buyer to verify all property details during due diligence.
    996 days
    |
    10
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Patty Helton Davis 251-294-2057,

    PHD Real Estate, LLC,

    Brett Helton 251-359-4533,

    PHD Real Estate, LLC

    Source: PAR,MLS#: 633730MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      Features
      • Waterfront features: No Waterfront, No Waterfront Features
      • Frontage length: Water Frontage(0),Road Frontage(345)
      Lot
      • Size: 0.74 Acres
      • Dimensions: 222x123x217x175
      • Features: Corner Lot, Cleared
      • Topography: High/Dry,Level
      Details
      • Parcel number: 051808270000005.001
      • Zoning description: Business,Commercial,County,Mobile Homes,Res Multi,Unrestricted

      Utilities & green energy

      • Sewer: None
      • Water: Public, Tap Fee Due
      • Utilities for property: Natural Gas Connected, Electricity Connected, Gas, Phone Connected

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Bay Minette

      Financial & listing details

      • Tax assessed value: $30,800
      • Annual tax amount: $185
      • Price range: $500K - $500K
      • Date on market: 9/21/2023
      • Cumulative days on market: 998 days
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/19/2025Price change$500,000-37.5%
        Source: PAR #633730 Report a problem
        9/21/2023Listed for sale$800,000
        Source: PAR #633730 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$185 -10.7%$6,160 -10.7%
        2024$207 +24.5%$6,900 +24.5%
        2023$166 $5,540 +19.9%
        2022-- $4,620
        2021-- $4,620 +14.4%
        2020-- $4,040 +51.9%
        2019-- $2,660 +8.1%
        2018-- $2,460 +9.8%
        2017-- $2,240
        2016-- $2,240
        2015-- $2,240 -11.1%
        2014-- $2,520 +93.8%
        2007-- $1,300 +30%
        2006-- $1,000
        2005-- $1,000
        2004-- $1,000
        2003-- $1,000
        2002-- $1,000
        2001-- $1,000 -70.8%
        2000-- $3,420

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 36507

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Local School In County
        • Middle: LOCAL SCHOOL IN COUNTY
        • High: Local School In County

        Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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        A local lender can help you make sure your offer is ready when you are.

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