1 Cumberland Gap Pkwy Corbin, KY 40701
This exceptional 1.022-acre commercial lot presents a remarkable development opportunity in Corbin, Kentucky. Strategically located near the I-75 on-ramp and Cumberland Gap Parkway, this property boasts unparalleled visibility and accessibility. Its Commercial zoning allows for a wide range of development possibilities, making it ideal for businesses seeking high traffic exposure. The lot is situated adjacent to major anchor stores such as Walmart and Lowe's, ensuring a strong customer base and synergistic retail environment. The property's location benefits from high traffic counts, with an Annual Average Daily Traffic (AADT) of 42,462 on I-75 and 24,390 on Cumberland Gap Parkway. This prime parcel is identified as Lot 1, and while Lots 1 through 8 are available for purchase individually or as a combined package, only Lot 1 is included in this listing. The asking price for this exceptional property is $1,250,000. The property's APN is 122-00-00-087.01. While additional acreage is available for purchase separately, this listing focuses solely on the 1.022-acre Lot 1. This presents a unique chance to establish a thriving business in a high-demand location with excellent visibility and convenient access to major transportation arteries. Don't miss this opportunity to secure a prime piece of commercial real estate in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.