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$990,000

Listing Price

2beds

1baths

1,484sqft

43,560sqft lot

50280 Rabun Rd, Bay Minette, AL 36507

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

--

Price / sqft

1980

Year built

Home Details

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 $4.5 Billion Novelis aluminum plant is driving growth. *Additional Features: The property includes a single-family home, shop, and detached garageperfect for temporary office space, light storage, or site preparation. Financing Assistance: Small Business Association (SBA) financing options

Interior Details

Square Feet
  • 1484

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Ceramic Tile

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 43560

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$282

$0

$0

--%

$11,040

2018

$266

$0

$0

--%

$10,500

2017

$260

$0

$0

--%

$10,300

2016

$235

$0

$0

--%

$9,480

2015

$202

$0

$0

--%

$8,380

2013

$200

$0

$0

--%

$8,320

2012

$200

$0

$0

--%

$8,320

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Average Home Price in 36507

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
990,000
$
Down payment
198,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,940
$
HOA (Monthly)
0
$
PMI
0
$
$6,408
Your Payment
Total Monthly Payment:$6,408
Percent of Income:110%
Affordable:No

Details for 50280 RABUN RD

Property Debt

Foreclosure Contact Details