5 Cumberland Gap Pkwy Corbin, KY 40701
This prime 0.76-acre commercial lot in Corbin, Kentucky, presents a remarkable investment opportunity. Strategically located adjacent to I-75, this property boasts exceptional visibility and accessibility, benefiting from a high annual average daily traffic count of 42,562 on I-75 and 24,390 on Cumberland Gap Parkway. Its convenient location near established anchor stores such as Walmart and Lowe's ensures significant foot traffic and consumer presence. The property is part of an eight-lot subdivision, with each lot available for individual or combined purchase. This parcel is zoned for commercial use (APN: 122-00-00-087.01), offering flexibility for a variety of retail developments. While this listing focuses on 0.76 acres, additional acreage is available for purchase, providing potential for larger-scale projects. The asking price for this exceptional lot is $650,000. Don't miss this chance to secure a highly visible and desirable commercial property in a thriving Kentucky market.
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.