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Property profile & analytics
OFF-MARKET
Land

8 Cumberland Gap Pkwy Corbin, KY 40701

1.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a prime retail opportunity in Corbin, Kentucky. Strategically located on Cumberland Gap Parkway, this lot boasts unparalleled visibility due to its direct Interstate 75 frontage. The property benefits from exceptionally high traffic counts, with an Annual Average Daily Traffic (AADT) of 42,562 vehicles on I-75 and 24,390 on Cumberland Gap Parkway itself. This ensures significant exposure for any retail development. The location is further enhanced by its proximity to major retail anchors such as Walmart and Lowe's, guaranteeing a strong customer base. This lot is part of an eight-lot subdivision, with the possibility of purchasing additional acreage beyond the 1.5 acres currently listed. The property is zoned for commercial use, making it ready for immediate development. The asking price for this highly desirable parcel is $750,000. The APN is 122-00-00-087.01. This is an ideal location for businesses seeking high visibility and access to a substantial consumer market in a thriving Kentucky community. Don't miss this chance to secure a prime piece of commercial real estate in a high-traffic area.

Property profile
Verified
Property type Land
Lot 1.5 ac (65,340 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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