Highway 287 Corner Lot in Opportunity Zone

Vacant Land for Sale
Catylist Listing ID: 30568933
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 19 Acres
Sale Price: $570,000
Unit Price: $30,000 Per Acre
In Opportunity Zone? Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 1/19/2022

Overview / Comments

Bay Minette, AL- OWNER FINANCING AVAILABLE! OUTSIDE CITY LIMITS IN AN OPPORTUNITY ZONE NEAR I-65! This is an exceptional opportunity to purchase 10 acres of level land.The properties topography consists of a mixture of beautiful cleared land and hardwood. With over 800' of road frontage on Hwy 287 and appx. 1100' of road frontage on Louise Cooper Rd, this is a great location for commercial, industrial, or residential development. Highway 287 is located at Exit 37 on I-65 and leads straight to the heart of Bay Minette and other main transportation arteries. Sitting 1 mile from the interstate, this property offers great visibility, easy access, and an abundance of potential! It also adjoins the 3,000 acre "MEGA SITE PROPERTY", and is located in a beneficial Opportunity Zone. Opportunity Zones are designed to spur economic development and job creation in communities. To learn more about the benefits of investing in Opportunity Zones, visit https://adeca.alabama.gov/opportunityzones/ or http://opportunityalabama.com/. The property is located outside the city limits and presently is not restricted by any county zoning! Available UTILITIES ARE SEWER, WATER, AND GAS. Visit Baldwin County Economic Development Alliance website for more information on Economic Development and incentives. Acreage is taken out of a larger parcel. Additional acreage available. Call now for purchase options!

*For GPS purposes, use address 49453 Rabun Rd. Property is directly across the street.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-18-05-22-0-000-009.000
Property Located Between: Highway 287, Louise Cooper Rd
Property Visibility: Excellent
Legal Description: In file
Largest Nearby Street: Fronts-Highway 287
Feet of Frontage: 1,926
Traffic/Vehicle Count: 36,249
Highway Access: Fronts Highway 287, 1.5 miles to I-65, 5 miles to Hwy 31
Airports: Mobile Regional- 62 miles; Pensacola International- 60 miles
Site Description: Lot Dimensions: 826x916x780x1100. Level, partially cleared, excellent visibility. Wooded.
Area Description: Baldwin County-Bay Minette is home to numerous industries and seeks new employers through multiple partnerships - including promotion of the South Alabama Mega site, a 3,000 acre Advantage Site north of the city. Conveniently located along the shores of the Gulf of Mexico and Mobile Bay, being 35 miles northeast of Mobile, Alabama, 45 miles west of Pensacola, Florida, and 75 miles east of Biloxi, Mississippi. There are apx 8,500 residents living in the city limits of Bay Minette and an additional 20,000 beyond the city limits who call North Baldwin home. There are a wide variety of recreational activities, from parks to waterways such as Tensaw River Delta and the Gulf of Mexico. 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.
Lot Frontage: 826
Lot Depth: 1100
Zoning Description: County, Horses Allowed, Industrial, Mobile Homes, Unrestricted
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,420 9,255
Median Age: 42.81 39.09
Households: 567 3,486


Photograph of Listing Agent

Patty Helton-Davis

PHD Realty, LLC. Gulf Coast CMLS Member
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