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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

    Previously a service stationCorner lot
    Bay Minette, AL- NEW PRICE UNZONED CORNER LOT! Located on busy 4-lane Hwy 287/Rabun Rd, this 0.74-acre parcel of commercial development land lies in a fast-growing Baldwin County corridor that checks all the boxes for smart site selection. Strong demographics, high visibility & steady traffic flow give it all the makings of a solid investment opportunity! Less than a mile from the $4.1B Novelis Plant at the South Alabama Mega Site & new 116-site RV park—plus within 20 mins of Baldwin Prep Academy—this location is surrounded by rapid commercial growth. Bay Minette’s business landscape is also expanding with projects such as a Hilton-branded hotel & 2 restaurants, the upcoming “31 Commons” retail center along U.S. 31, Big Mike’s Steakhouse & Cobblestone Hotel downtown & a 413+/- acre PUD with Residential & Commercial space proposed—all fueling future demand. No better time than now to own land within 15 minutes of these new developments! With 10,000+ daily vehicles on Rabun Rd & 20,000+ on nearby I-65, this parcel offers exceptional traffic counts & exposure for any venture. Sitting just 2 mi from I-65 with 345± ft of paved frontage on Rabun Rd/Hwy 287 & Ransom Stewart Ln, there's effortless access for both customers & commuters. This corner mixed-use development parcel—free from zoning ordinances—opens the door for endless possibilities, from an office building to fast food or other commercial uses. Located within both an Opportunity Zone & an SBA HUBZone, this property offers attractive tax incentives & federal contracting advantages. These designations can support businesses in lowering operational costs & 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 with 4 underground tanks (2 small, 2 large); removal quote available & negotiable with offer.
    826 days
    |
    13
    |
    0
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    Zillow last checked: 8 hours ago

    Listing updated: October 24, 2025 at 07:41am

    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: 827 days
    • Electric utility on property: Yes
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    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

    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%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    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.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 36507

    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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