Bay Minette, Ala., June 20, 2019 – A large tract of undeveloped, timberland approximately 1,945 acres in size recently sold to out-of-state investors for $3,889,760.00 as part of a 1031 exchange. The property is located in the Opportunity Zone at the southeast quadrant of AL-59 and I-65 with approximately 2.7 miles of frontage along I-65 and adjacent to the South Alabama Mega Site, according to Brandon Broadus & Pete Riehm of NAI Mobile who handled the transaction.