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Property profile & analytics
OFF-MARKET
Land

6 Cumberland Gap Pkwy Corbin, KY 40701

1 ac lot
Property ID
Property summary
AI-generated overview

This prime 1-acre commercial lot in Corbin, Kentucky, presents a unique investment opportunity. Located on Lot 6, Cumberland Gap Parkway, this property boasts exceptional visibility due to its adjacency to Interstate 75, a major thoroughfare with an impressive Annual Average Daily Traffic (AADT) count of 42,562. The high traffic volume extends to Cumberland Gap Parkway itself, registering an AADT of 24,390 vehicles. This strategic location places the property near significant retail anchors including Walmart and Lowe's, ensuring high consumer traffic and brand recognition. The property is part of an 8-lot subdivision, with the option to purchase individual lots or the entire parcel. This versatile land, zoned for commercial use (APN: 122-00-00-087.01), offers significant potential for various commercial developments. While this listing focuses on the 1-acre parcel, additional acreage is available for purchase, providing opportunities for expansion or larger-scale projects. This is an exceptional chance to secure a high-visibility commercial property in a thriving Kentucky market. The asking price for this exceptional opportunity is $650,000.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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