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Property profile & analytics
OFF-MARKET
Land

2 Cumberland Gap Pkwy Corbin, KY 40701

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1-acre commercial lot, identified as Lot 2, is strategically located in Corbin, Kentucky, at 2 Cumberland Gap Parkway. Its prime location offers unparalleled visibility and accessibility, situated directly adjacent to Interstate 75, a major transportation artery boasting an impressive Annual Average Daily Traffic (AADT) of 42,462 vehicles. The property also benefits from high traffic counts on Cumberland Gap Parkway (AADT: 24,390). This parcel is zoned for commercial use, making it ideal for a wide range of development opportunities. The property's proximity to major retail anchors such as Walmart and Lowe's further enhances its desirability and potential for strong returns. The lot is part of a larger development, with Lots 1 through 8 available for purchase individually or as a package. Furthermore, there is potential for acquiring additional acreage beyond the listed 1 acre, providing opportunities for expansion or larger-scale projects. The asking price for this exceptional commercial land is $1,100,000. The APN is 122-00-00-087.01. This is a rare opportunity to secure a high-visibility commercial property in a thriving Kentucky market.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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