Catylist ID:
#30852953
1 AC NEXT TO NOVELIS & SOUTH ALABAMA MEGA SITE
Vacant Land
for Sale
Call for Offers
| Catylist Listing ID: | 30852953 |
| Property Subtypes: | Hospitality, Industrial, Mobile Home Park, Office, Retail, Retail-Pad, Self Storage, Other |
| Gross Land Area: | 1 Acre |
| Sale Price: | $1,200,000 |
| Unit Price: | $1,200,000 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller, Other |
| Call for Offers: | Yes |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/26/2024 |
Overview / Comments
|
Bay Minette, AL- Adjacent to South Alabama Mega Site: The property is next door to the South Alabama Mega Site, where the new Novelis Low-Carbon, $2.5 Billion Aluminum Recycling Plant is under construction. This development is expected to be completed in 2025, creating over 1,000 jobs. Situated just 1 mile from I-65, the property is strategically positioned at the heart of innovation and growth. Frontage and Infrastructure Improvements: With 231 feet of frontage on an improved Hwy 287, the property benefits from a $5 million grant to update its infrastructure near the Novelis plant. First Fully Integrated U.S. Mill in 40 Years: The Novelis plant is the first of its kind and the first fully integrated U.S. mill built in 40 years, adding to the uniqueness and significance of the location. South Alabama Mega Site: The Mega Site offers businesses excellent transportation links and shovel-ready industrial sites, enhancing the property's appeal for potential investors. High Traffic and Visibility: The property boasts heavy traffic and visibility, with nearly 10,000 Average Annual Daily Traffic (AADT) on Rabun Road/Hwy 287 and over 20,414 vehicles daily along the interstate, with expected increases. Versatile Zoning Options: The absence of city or county zoning provides flexibility for various commercial ventures, such as a service station, fast food chain, multi-family complex, hotel, retail center, self-storage facility, RV park, etc. Interstate Connectivity and Opportunity Zone: The property offers interstate connectivity to I-65 and I-10 and is located in an Opportunity Zone, providing substantial tax incentives for potential investors. Booming Economy: The property is situated in the 7th fastest-growing Metro Area in the U.S. and the 2nd fastest-growing county in the state, presenting an extraordinary chance to capitalize on the region's economic growth. Additional Features: There is a single-family and manufactured home on the property, offering potential temporary office space or light storage. Proximity to Amenities: With Downtown Bay Minette just 6 miles away, Mobile, AL within 35 miles, and the Gulf of Mexico 58 miles away, the location strikes a balance between industrial/commercial accessibility and lifestyle amenities. Financing Assistance: Potential buyers can benefit from assistance in viewing the property or financing through the Small Business Association (SBA). This property is poised to be a lucrative investment, given its strategic location, upcoming industrial development, and favorable zoning conditions. Interested parties are encouraged to explore this opportunity and consider its potential for various commercial ventures. Links of interest: 1. WKRG - $5 Million Dollar Infrastructure Grant for Hwy 287: https://www.wkrg.com/baldwin-county/5m-grant-awarded-to-improve-highway-287-near-new-novelis-plant/ 2. Baldwin County Economic Development Alliance: https://baldwineda.com/ 3. City of Bay Minette: https://cityofbayminetteal.gov/business 4. Alabama Department of Economic & Community Affairs: https://adeca.alabama.gov/opportunityzones/ 5. Opportunity Alabama: https://opportunityalabama.com/ Call Us Today for Assistance's in viewing the property or financing today with Small Business Association. |
Attachments & Media
Additional Details
| Nearest MSA: | Daphne-Fairhope-Foley |
| County: | Baldwin |
| Taxing Authority: | Baldwin County, AL |
| Tax ID/APN: | 05-18-05-22-0-000-003.000 |
| Zoning: | UNZONED |
| Property Located Between: | I-65 and US HWY 59 |
| Property Visibility: | Excellent |
| Legal Description: | 250(S) X 245(S) IRR BEG AT NE COR OF SW1/4 OF SE1/4 OF NW 1/4 RUN TH S 215' TH W 245(S) TO E ROW LINE OF CO HWY 47, T H RUN NE'LY ALG SD HWY 250(S), TH E 145(S) TO POB SEC 22-T1S -R3E (WD-SURVIVORSHIP) |
| Largest Nearby Street: | Hwy 287/Rabun Rd |
| Feet of Frontage: | 231 |
| Traffic/Vehicle Count: | 9,942 |
| Highway Access: | Fronts Hwy 287 I-65- 1 mile; Hwy 59- 3.5 miles; I-10- 23 miles |
| Airports: | Bay Minette |
| Site Description: | 1 Acre lot next to Mega Site entrance. 1 single-family home, 1 manufactured home. Property grounds are well kept. Cleared with some trees. Metal shed. Water and natural gas are available through North Baldwin Utilities. Lot size: 231x158x215x245 |
| Area Description: | North Baldwin County is the home of the South Alabama Mega site, a 3,000-acre certified site north of the city that offers businesses the opportunity to benefit from the excellent transportation links and shovel-ready industrial sites.[1] As the county seat, the City of Bay Minette is excited to welcome Novelis to the Mega site. Novelis is building a Low-Carbon, $2.5 Billion Aluminum Plant, a recycling & rolling facility in Bay Minette, Alabama, which is the first of its kind and first fully integrated, U.S. mill built in 40 years. [2] Bay Minette is home to numerous industries; and seeks new employers through partnerships with the Baldwin County Economic Development Alliance, the North Baldwin Chamber of Commerce, and the promotion of the Mega site. Bay Minette also provides a wide variety of recreational activities from parks to waterways such as the Tensaw River Delta and the Gulf of Mexico. Conveniently located 35 miles northeast of Mobile, AL, 45 miles west of Pensacola, FL, and 75 miles east of Biloxi, MS. There are approximately 8,500 residents living in the city limits and an additional 20,000 beyond the city limits in North Baldwin. [2] Baldwin County, Alabama, is located along the shores of the Gulf of Mexico and Mobile Bay. It remains a popular destination for visitors, from all over the nation and world, year-round because of first-class golf courses, beautiful beaches, unlimited recreational opportunities, health economy, and first-class public school system which, collectively, has contributed to the county’s explosive population growth. [3] Visit Baldwin County Economic Development Alliance website for more information on Economic Development and incentives. Source: 1. https://cityofbayminetteal.gov/business/south-alabama-megasite#:~:text=North%20Baldwin%20County%20is%20the,and%20shovel%20ready%20industrial%20sites. 2. https://www.novelis.com/bayminette/ 3. https://baldwincountyal.gov/community/about-baldwin-county |
| Lot Frontage: | 231 |
| Lot Depth: | 245 |
| Zoning Description: | Unzoned |
| Topography: | Level |
| Easements: | Utilities |
| Available Utilities: | Electric, Water, Gas, Sewer, Internet Access |
| Water Service: | Municipal, Well |
| Sewer Type: | Municipal, Septic |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 1,420 | 6,564 |
| Median Age: | 42.81 | 39.52 |
| Households: | 567 | 2,470 |
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