Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Land Development Opportunity Corbin, KY 40701

    Sponsored
    For Sale
    $1,950,000

    5.17 acres, C-2 zoning, I-75 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.17-acre commercial land parcel presents a remarkable development opportunity in Corbin, Kentucky. Strategically located in Laurel County, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial ventures. The site enjoys unparalleled access to Interstate 75, specifically Exit 41, and benefits from the high traffic volume of approximately 50,000 vehicles daily on this major thoroughfare. Its proximity to Hal Rodgers Parkway further enhances its accessibility and visibility. The location offers significant advantages, situated just 70 miles south of Lexington and 90 miles north of Knoxville, Tennessee, tapping into a substantial regional market. Existing infrastructure and amenities in the immediate vicinity include a variety of established restaurants and retailers, such as Taco Bell, Wendy's, Waffle House, Shell, McDonald's, Hampton Inn, and Fairfield Inn by Marriott, providing immediate convenience and attracting potential customers. The asking price for this prime development site is $1,950,000. This presents a unique chance to capitalize on a high-traffic location with strong existing infrastructure and a vibrant surrounding community. Don't miss this opportunity to acquire a piece of prime commercial real estate in a rapidly growing area. The property is located in London, KY, zip code 40701.

    Property Features for 0 Land Development Opportunity

    General Information

    Property type
    Land
    Lot Size
    225,205 SF

    HighLights

    • List Price: $1,950,000
    • ± 5.17 Acres
    • C‑2 Zoning
    • Excellent I‑75 (Exit 41) & Hal Rodgers Parkway access
    • Conveniently located 70 miles south of Lexington and 90 miles north of Knoxville, TN
    • High traffic count: ~50,000 vehicles daily on I‑75 at Exit 41
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Corbin
    County
    Laurel
    State
    Kentucky
    Longitude
    -84.0577108
    Latitude
    36.9262494

    Nearby Similar for Sale

    • $995,900
      7,232 SF

      Corbin Estate: Luxury Multi-Family Potential

      Spacious Corbin estate with multi-family or income-producing potential.
      48 Tori Pine Ln, Corbin, KY 40701
      View Details
    • $799,000
      11,450 SF

      Iconic Moonbow Building in Corbin

      Historic mixed-use property with commercial space and luxury apartments.
      115 S Main St, Corbin, KY 40701
      View Details
    • New
      $850,000
      11,158 SF

      Corbin Commercial Property on Main

      Commercial property on 1.1 acres with office and warehouse.
      2400 S Main St, Corbin, KY 40701
      View Details
    • $895,000
      0.26 Acres

      Historic Corbin Hotel Opportunity

      Historic 11,218 sq ft Corbin building with redevelopment potential.
      1823 S Main St, Corbin, KY 40701
      View Details
    • $219,000
      2,720 SF

      Former Restaurant and Bar

      Restaurant and bar with equipment and stage for performances.
      408 S Main St, Corbin, KY 40701
      View Details
    • New
      $329,000
      3,800 SF

      Versatile Two-Story Brick Property

      Adaptable duplex or spacious single-family home with desirable features.
      59 Running Fox Ln, Corbin, KY 40701
      View Details
    • $389,000
      5,969 SF

      Versatile Commercial Building in Corbin

      Office and warehouse space with ample parking and showroom potential.
      2201 S Main St, Corbin, KY 40701
      View Details
    • $390,000
      4.00 Acres

      Versatile Estate Near I-75

      4-acre estate with homes, barns, and outbuildings near I-75.
      Corbin, KY 40701
      View Details
    • $999,900
      10,392 SF

      Historic Downtown Corbin Mixed-Use Property

      Turnkey, renovated historic building with mixed-use potential in downtown Corbin.
      500 S Main St Lot St, Corbin, KY 40701
      View Details
    • $5,999,000

      Commercial Property in Corbin, KY

      Commercial property for sale in Corbin, Kentucky.
      13143 N Us25 E, Corbin, KY 40701
      View Details
    • $999,900
      1,800 SF

      Commercial Land with Income Potential

      7-acre commercial property with building and mobile home park.
      1415 Cumberland Falls Hwy, Corbin, KY 40701
      View Details
    • $199,900
      Pending

      Corbin Office Building on Corner

      Large office building with open space in prime location.
      802 18Th St, Corbin, KY 40701
      View Details

    FAQs

    What type of property is this?
    Land - 5.17 acres, C-2 zoning, I-75 access.
    Where is this land located?
    The property is located at Land Development Opportunity Corbin, KY.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: List Price: $1,950,000; ± 5.17 Acres; C-2 Zoning
    (502) 387-1734
    Request Owner's contact information
    Land Development Opportunity Corbin, KY 40701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Land Development Opportunity
    Corbin, KY 40701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Land Development Opportunity Corbin, KY 40701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.