8 Cumberland Gap Pkwy Corbin, KY 40701
- Land
- 1.50 lot acres
Current Use by Public Records
- Land
Property Details for 8 Cumberland Gap Pkwy
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
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.
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
- -84.1091
- Latitude
- 36.9766
