0 Land Development Opportunity Corbin, KY 40701
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.