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    423 10Th St Middlesboro, KY 40965

    For Sale
    $1,250,000

    64 Acres, Commercial Zoning, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 64.84-acre property presents a unique investment opportunity in Middlesboro, Kentucky. Located within the city limits, this commercially zoned land offers unparalleled potential for a variety of ventures. The property includes a family farmhouse, adding to its versatility and immediate usability. Its strategic location provides easy access to major transportation routes, including US Highway 25E, placing it within minutes of Middlesboro's bustling business district, featuring prominent retailers such as Walmart and the Middlesboro Mall. Furthermore, its proximity to Cumberland Gap National Park (less than a mile away) and Lincoln Memorial University in Harrogate, Tennessee (under 3 miles), creates a strong foundation for businesses catering to tourism and education. The substantial acreage allows for ample development possibilities, making it ideal for a hotel, retail complex, or other large-scale commercial projects. This property offers a rare blend of size, location, and zoning, presenting a compelling investment opportunity with significant long-term growth potential. The existing farmhouse provides immediate income potential or serves as a valuable asset during the development phase. This is a truly exceptional offering in a high-demand area. The listed price is $1,250,000.

    Property Features for 423 10Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,824,430 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Middlesboro
    County
    Bell
    State
    Kentucky
    Longitude
    -83.6987
    Latitude
    36.60899

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - 64 Acres, Commercial Zoning, Prime Location
    Where is this commercial real estate located?
    The property is located at 423 10Th St Middlesboro, KY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    (606) 248-4932
    Request Owner's contact information
    423 10Th St Middlesboro, KY 40965
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    Middlesboro, KY 40965
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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
    423 10Th St Middlesboro, KY 40965
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