1 Cumberland Gap Pkwy Corbin, KY 40701
- Commercial real estate
- 1.02 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1 Cumberland Gap Pkwy
- Lot size
- 1.02 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.02-acre commercial lot, situated at LOT 1 Cumberland Gap Pkwy in Corbin, Kentucky, presents a unique investment opportunity. Priced at $1,250,000, this property is part of a larger retail park development (Lots 1 through 8, available individually or as a package – see MLS #24010541 for details). The site boasts significant visibility and accessibility due to its location on Cumberland Gap Parkway, a major thoroughfare with an impressive Annual Average Daily Traffic (AADT) count of 24,390 vehicles. Further enhancing its appeal is the proximity to Interstate 75, a high-volume interstate highway with an AADT of 42,462 vehicles. This high traffic count translates to substantial potential for retail businesses seeking prime exposure. While the listed acreage is 1.02 acres, additional acreage is available for purchase, providing opportunities for expansion or further development. This property is ideal for developers or investors seeking a strategic location with high visibility and significant traffic flow in a growing Kentucky market. The property is classified as "Other" and is ready for immediate development. Serious inquiries are encouraged.
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
- -84.0847
- Latitude
- 36.9667
