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Property profile & analytics
OFF-MARKET
Land

0 Land Development Opportunity Corbin, KY 40701

5.17 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.17-acre commercial land parcel presents a remarkable development opportunity in Corbin, Kentucky. Strategically located in Laurel County, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial ventures. The site enjoys unparalleled access to Interstate 75, specifically Exit 41, and benefits from the high traffic volume of approximately 50,000 vehicles daily on this major thoroughfare. Its proximity to Hal Rodgers Parkway further enhances its accessibility and visibility. The location offers significant advantages, situated just 70 miles south of Lexington and 90 miles north of Knoxville, Tennessee, tapping into a substantial regional market. Existing infrastructure and amenities in the immediate vicinity include a variety of established restaurants and retailers, such as Taco Bell, Wendy's, Waffle House, Shell, McDonald's, Hampton Inn, and Fairfield Inn by Marriott, providing immediate convenience and attracting potential customers. The asking price for this prime development site is $1,950,000. This presents a unique chance to capitalize on a high-traffic location with strong existing infrastructure and a vibrant surrounding community. Don't miss this opportunity to acquire a piece of prime commercial real estate in a rapidly growing area. The property is located in London, KY, zip code 40701.

Property profile
Verified
Property type Land
Lot 5.17 ac (225,205 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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