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..
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
- 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#: 633730
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
| Date | Event | Price |
|---|---|---|
| 2/19/2025 | Price change | $500,000-37.5% |
Source: | ||
| 9/21/2023 | Listed for sale | $800,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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.
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Neighborhood: 36507
Nearby schools
GreatSchools rating
- 4/10Bay Minette Elementary SchoolGrades: PK-6Distance: 3.4 mi
- 8/10Bay Minette Middle SchoolGrades: 7-8Distance: 3.3 mi
- 8/10Baldwin Co High SchoolGrades: 9-12Distance: 3.6 mi
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
- Alabama
- Baldwin County
- Bay Minette
- 36507
- 48980 Rabun Rd



