8 Cumberland Gap Pkwy Corbin, KY 40701
- Commercial real estate
- 1.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8 Cumberland Gap Pkwy
- Lot size
- 1.50 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.5-acre commercial lot, identified as Lot 8 in the Cumberland Gap Parkway retail park in Corbin, Kentucky, presents a compelling investment opportunity. Priced at $750,000, this property boasts a prime location with significant traffic volume. The site benefits from high visibility due to its placement along Cumberland Gap Parkway, which sees an Annual Average Daily Traffic (AADT) count of 24,390 vehicles. Further enhancing its accessibility and appeal, the property enjoys proximity to Interstate 75, a major thoroughfare with an impressive AADT of 42,462 vehicles. This strategic location makes it ideal for a variety of commercial ventures. While the listed acreage pertains solely to Lot 8, additional acreage is available for purchase, presenting opportunities for expansion or further development. This allows for flexibility in project scope and potential for significant return on investment. Note that Lots 1 through 8 are available for purchase individually or as a portfolio. Further details regarding the adjacent lots can be obtained through the referenced MLS listing. This property offers a rare chance to acquire a well-situated commercial lot in a high-traffic area with potential for significant growth. The high AADT counts on both I-75 and Cumberland Gap Parkway ensure substantial visibility and accessibility for any business established on this site. Don't miss this chance to secure a piece of Corbin's thriving commercial landscape.
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
- -84.0853
- Latitude
- 36.9669
