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    99 Cumberland Falls Hwy Corbin, KY 40701

    For Sale
    $1,300,000

    Cumberland Falls Hwy, I-75 access, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 13.56-acre property, situated on Cumberland Falls Highway in Corbin, Kentucky, presents a remarkable investment opportunity. Its prime location offers unparalleled accessibility, being just one minute from I-75 Exit 25, ensuring convenient access for both residents and visitors. A recent survey has confirmed the acreage, providing clear boundaries for development planning. The land itself is wooded, offering a tranquil and picturesque setting ideal for a variety of commercial ventures. Envision a luxury apartment complex, taking advantage of the proximity to the interstate and the serene natural surroundings. Alternatively, the property's unique characteristics lend themselves to the creation of a high-end glamping site, catering to the growing eco-tourism market. A hotel or restaurant could also thrive here, capitalizing on the convenient location and the potential for attracting travelers and local patrons. The recent road improvements further enhance the property's appeal, ensuring smooth access and a positive first impression. This is a rare opportunity to acquire a significant parcel of land with exceptional potential in a rapidly developing area. The property's size and location make it an ideal canvas for a wide range of commercial developments, promising substantial returns on investment. Don't miss this chance to secure a piece of prime Kentucky real estate. The asking price is $1,300,000.

    Property Features for 99 Cumberland Falls Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    590,674 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corbin
    County
    Whitley
    State
    Kentucky
    Longitude
    -84.08337
    Latitude
    36.96564

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    FAQs

    What type of property is this?
    Commercial real estate - Cumberland Falls Hwy, I-75 access, development potential.
    Where is this commercial real estate located?
    The property is located at 99 Cumberland Falls Hwy Corbin, KY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (606) 682-8949
    Request Owner's contact information
    99 Cumberland Falls Hwy 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
    99 Cumberland Falls Hwy Corbin, KY 40701
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