99 Cumberland Falls Hwy Corbin, KY 40701
This exceptional 13.56-acre property, situated on Cumberland Falls Highway in Corbin, Kentucky, presents a remarkable investment opportunity. Its prime location offers unparalleled accessibility, being just one minute from I-75 Exit 25, ensuring convenient access for both residents and visitors. A recent survey has confirmed the acreage, providing clear boundaries for development planning. The land itself is wooded, offering a tranquil and picturesque setting ideal for a variety of commercial ventures. Envision a luxury apartment complex, taking advantage of the proximity to the interstate and the serene natural surroundings. Alternatively, the property's unique characteristics lend themselves to the creation of a high-end glamping site, catering to the growing eco-tourism market. A hotel or restaurant could also thrive here, capitalizing on the convenient location and the potential for attracting travelers and local patrons. The recent road improvements further enhance the property's appeal, ensuring smooth access and a positive first impression. This is a rare opportunity to acquire a significant parcel of land with exceptional potential in a rapidly developing area. The property's size and location make it an ideal canvas for a wide range of commercial developments, promising substantial returns on investment. Don't miss this chance to secure a piece of prime Kentucky real estate. The asking price is $1,300,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.