Skip main navigation
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

    Corner mixed-use development parcel
    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 $5 Bil 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..
    917 days
    |
    22
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2026 at 07:41pm

    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: 918 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%
        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

        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

        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.

        Local experts in 36507

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel