7292 Us Highway 25 Corbin, KY 40701
- Commercial real estate
- 5.57 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7292 Us Highway 25
- Lot size
- 5.57 lot acres
- Property type
- Commercial real estate
Description
This exceptional 5.57-acre commercial property in Corbin, KY, presents a lucrative investment opportunity with diverse income streams. Situated on highly trafficked S US Highway 25 in Southern Laurel County, this property boasts a variety of existing structures ready for immediate revenue generation or creative repurposing. The centerpiece is a collection of nineteen 12x30 storage units, each featuring concrete floors, providing secure and readily rentable storage space. Adjacent to the storage units is a five-room office building, currently utilized as a car lot, but easily adaptable to a wide range of commercial uses, benefiting from excellent road frontage. Adding to the property's versatility is a charming one-bedroom, one-bathroom all-wood cabin, ideal for rental income. Further enhancing the investment potential are a sizable pond and a barn, offering possibilities for livestock, additional storage, or even the development of further rental units such as duplexes. This property is perfectly positioned for an investor seeking multiple revenue streams or a business owner looking for a high-visibility location with significant expansion potential. The combination of existing income-producing assets and the substantial land area provides a unique opportunity for significant return on investment.
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
- -84.0731
- Latitude
- 37.0096
