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    645 Lily School Rd Corbin, KY 40701

    For Sale
    $450,000

    COMMERCIAL - Corbin, KY

    Property size:
    7,500 SF
    Lot size:
    1.59 Acres
    Days on Market:
    63
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 645 Lily School Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    108-20-00-012.02
    Parking
    35
    Size
    7,500 SF
    Lot size
    1.59 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2002
    Floors in Building
    1
    Building materials
    Steel Frame, Block, Concrete
    Roof type
    Metal

    RE/MAX Signature Realty, Inc (606) 215-1256 [email protected]

    Listing agent Tommy Black (606) 528-1177

    Listing date Oct 6, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property in Corbin, Kentucky

    This commercial property is located in Laurel County and offers a prime opportunity with 1.59 acres of land. The site features 282 feet of road frontage and includes a 7,500 sq. ft. building. The property also has a large parking lot and ample room for expansion. Formerly a Dollar General, the building has a versatile floor plan, a generous stockroom, and two restrooms. All utilities are in place, including infrastructure for security cameras. The property's adaptable layout and high visibility make it suitable for various business ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Corbin
    County
    Whitley
    State
    Kentucky
    Longitude
    -84.070771
    Latitude
    37.016955

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    FAQs

    What type of property is this?
    Storefront property - 1.59-acre property with 7,500 sq. ft. building and ample parking.
    Where is this storefront property located?
    The property is located at 645 Lily School Rd Corbin, KY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - 1.59-acre commercial property with 282 feet of road frontage in Laurel County.; - Spacious 7,500 sq. ft. building with versatile floor plan.; - Large parking lot with ample room for expansion.
    (606) 528-1177
    Request Owner's contact information
    645 Lily School Rd Corbin, KY 40701
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    Corbin, KY 40701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    645 Lily School Rd Corbin, KY 40701
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