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Property profile & analytics
OFF-MARKET
Commercial real estate

423 10Th St Middlesboro, KY 40965

64.84 ac lot
Property ID
US34-1412138
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 64.84 ac (2,824,430 SF)
UPID US34-1412138
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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