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    5856 Cumberland Falls Hwy Corbin, KY 40701

    For Sale
    $129,000

    Prime Corbin commercial property with income potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional Corbin, KY property offers a versatile commercial building situated on a half-acre lot at 5856 Cumberland Falls Highway. The main structure boasts two large garage bays, ideal for automotive repair or similar businesses, complemented by additional space suitable for office and waiting areas. Two half-bathrooms are conveniently located within the commercial building. The property's adaptability makes it suitable for a wide range of commercial uses, from retail to light industrial. Adding to its investment appeal, a separate two-bedroom home is included on the property. This residential component presents an opportunity for additional income generation through rental or owner occupancy. The combined commercial and residential aspects of this property offer a unique investment opportunity with significant potential for return. The property is priced at $129,000 and presents a compelling opportunity for an astute investor seeking a blend of commercial and residential income streams in a desirable Corbin location. The existing structure is ready for immediate occupancy and offers a solid foundation for a thriving business venture. The half-acre lot provides ample space for expansion or outdoor activities associated with the commercial or residential components. This property is being offered as-is.

    Property Features for 5856 Cumberland Falls Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,780 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Corbin
    County
    Whitley
    State
    Kentucky
    Longitude
    -84.18382
    Latitude
    36.89492

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Corbin commercial property with income potential.
    Where is this commercial real estate located?
    The property is located at 5856 Cumberland Falls Hwy Corbin, KY.
    What is the asking price?
    The asking price for this property is $129,000.
    (606) 620-9777
    Request Owner's contact information
    5856 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
    5856 Cumberland Falls Hwy Corbin, KY 40701
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