423 10Th St Middlesboro, KY 40965
This exceptional 64.84-acre property presents a unique investment opportunity in Middlesboro, Kentucky. Located within the city limits, this commercially zoned land offers unparalleled potential for a variety of ventures. The property includes a family farmhouse, adding to its versatility and immediate usability. Its strategic location provides easy access to major transportation routes, including US Highway 25E, placing it within minutes of Middlesboro's bustling business district, featuring prominent retailers such as Walmart and the Middlesboro Mall. Furthermore, its proximity to Cumberland Gap National Park (less than a mile away) and Lincoln Memorial University in Harrogate, Tennessee (under 3 miles), creates a strong foundation for businesses catering to tourism and education. The substantial acreage allows for ample development possibilities, making it ideal for a hotel, retail complex, or other large-scale commercial projects. This property offers a rare blend of size, location, and zoning, presenting a compelling investment opportunity with significant long-term growth potential. The existing farmhouse provides immediate income potential or serves as a valuable asset during the development phase. This is a truly exceptional offering in a high-demand area. The listed price is $1,250,000.
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
Similar Nearby for Sale
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.