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$1,200,000
Listing Price3beds
1baths
1,000sqft
87,120sqft lot
49640 Rabun Rd, Bay Minette, AL 36507
Member Features
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Bay Minette, AL- 1 Mile from I-65! This 1 Acre commercial property for sale is a true gem strategically positioned next door to South Alabama Mega site where the new Novelis Low-Carbon, $2.5 Billion Aluminum Recycling Plant is under construction; to be completed in 2025. A red light was installed for egress/ingress into the plant & some utilities are available including water, power & sewer/septic. New apartments are in the process of being built on Hwy 287. The plant for the Atlanta-based Novelis is the first of its kind & first fully integrated, U.S. mill built in 40 yrs; set up to create over 1000 jobs. The South Alabama Mega site is a 3, 000-acre certified site that offers businesses the opportunity to benefit from the shovel-ready industrial sites. Other outstanding features of this property are its Interstate Connectivity to I-65 & I-10 & its inclusion within an Opportunity Zone, which offers substantial tax incentives! This property is an irresistible prospect for investors! With an AADT of 9, 960 on Rabun Road/Hwy 287 & 20, 883 vehicles traversing daily along the interstate, enjoy heavy traffic & visibility for any venture. The potential is endless with no city or county zoning! Great location for a service station, fast food chain, multi-family complex, hotel, retail center, self-storage facility, RV Park you name it! With construction well underway, the value of this location is set to surge as the plant becomes operational, attracting bu
Interior Details
1000
3
1
Has Heating:
No
Heating Type:
None
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
Hardwood
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
87120
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Vinyl
N/A
Gable/hip
Metal
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$76
$0
$0
--%
$8,460
2018
$74
$0
$0
--%
$8,060
2017
$55
$0
$0
--%
$7,340
2016
$55
$0
$0
--%
$6,880
2015
$113
$0
$0
--%
$8,760
2013
$81
$0
$0
--%
$8,360
2012
$85
$0
$0
--%
$8,480




