7 Cumberland Gap Pkwy Corbin, KY 40701
- Commercial real estate
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7 Cumberland Gap Pkwy
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, Lot 7 at Cumberland Gap Parkway in Corbin, Kentucky, presents a unique investment opportunity. Priced at $550,000, this lot offers significant potential for retail development. The property boasts excellent visibility and accessibility due to its location on Cumberland Gap Parkway, a major thoroughfare. High traffic counts are a key advantage, with an Annual Average Daily Traffic (AADT) of 24,390 vehicles on Cumberland Gap Parkway itself, and an impressive 42,462 AADT on the nearby Interstate 75. This ensures substantial exposure for any future business established on the site. While the listed acreage is one acre, additional acreage for further development is available for purchase separately. This presents a flexible opportunity to tailor the project to specific needs and scale. This lot can be purchased individually, or as part of a larger acquisition encompassing Lots 1 through 8. The strategic location and high traffic volume make this an ideal site for a variety of commercial ventures, promising strong returns on investment. Serious inquiries are encouraged to explore this compelling opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corbin
- County
- Laurel
- State
- Kentucky
- Longitude
- -84.0846
- Latitude
- 36.9667
