Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Lynn Cp School Rd Corbin, KY 40701

    • Manufacturing properties
    • 3,120 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US34-1982555
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for Lynn Cp School Rd

    Year built
    1996
    Construction
    CONCRETE
    Lot size
    3.00 lot acres
    Property size
    3,120 SF
    Property type
    Manufacturing properties
    APN
    004-00-00-010.03
    APU
    4000001003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Corbin
    County
    Knox
    State
    Kentucky
    Longitude
    -84.0655
    Latitude
    36.9521
    CBSA code
    30940
    CBSA name
    LONDON, KY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,138
    $0.00
    $0.00
    $753,800
    -
    $0.00
    $0.00
    $753,800

    Comparable in this City

    • Value Estimation by Request
      2.17 Acres

      471 Nursery Rd

      LUMBER & WOOD PRODUCT MFG • 2.17 Acres
      471 Nursery Rd, Corbin, KY 40701-4359
      View Details
    • Value Estimation by Request

      342 Us Hwy

      MANUFACTURING (LIGHT)
      342 Us Hwy, Corbin, KY 40701
      View Details
    • Value Estimation by Request
      1.50 Acres

      25th Siler Hl Rd

      MANUFACTURING (LIGHT) • 1.50 Acres
      25th Siler Hl Rd, Corbin, KY 40701-6336
      View Details
    • Value Estimation by Request
      1,200 SF

      9408 Us Hwy 25

      MANUFACTURING (LIGHT) • 1,200 SF
      9408 Us Hwy 25, Corbin, KY 40701-4986
      View Details
    • Value Estimation by Request
      2.99 Acres

      American Greeting Card Rd

      MANUFACTURING (LIGHT) • 2.99 Acres
      American Greeting Card Rd, Corbin, KY 40701
      View Details
    • Value Estimation by Request
      244,616 SF

      689 Ky 2417

      MANUFACTURING (LIGHT) • 244,616 SF
      689 Ky 2417, Corbin, KY 40701-6503
      View Details

    Similar Nearby for Sale

    • $2,200,000
      Pending

      Income-Producing Manufacturing Facility For Sale

      Manufacturing facility with eight buildings totaling 86,930 SF on 13.7 acres.
      319 N Hills Rd, Corbin, KY 40701
      View Details
    • $1,500,000
      35.47 Acres

      Corbin Commercial Property with Acreage

      180,000 SF industrial building on 35.47 acres in Corbin.
      296 Robert E Cox Rd, Keavy, KY 40701
      View Details
    • $850,000
      11,158 SF

      Corbin Commercial Property on Main

      Commercial property on 1.1 acres with office and warehouse.
      2400 S Main St, Corbin, KY 40701
      View Details
    • $389,000
      5,969 SF

      Versatile Commercial Building in Corbin

      Office and warehouse space with ample parking and showroom potential.
      2201 S Main St, Corbin, KY 40701
      View Details
    • $5,999,000

      Commercial Property in Corbin, KY

      Commercial property for sale in Corbin, Kentucky.
      13143 N Us25 E, Corbin, KY 40701
      View Details
    • $389,000

      Versatile Commercial Building in Corbin

      Office and warehouse space with ample parking and showroom potential.
      2201 S Main St, Corbin, KY 40701
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr

      Corbin Industrial Flex Space

      12,000 SF industrial flex space for lease in Corbin, KY.
      103 23Rd St, Corbin, KY 40701
      View Details
    • $2,200 /Mo

      Corbin Office Space For Lease

      Commercial office space for lease in Corbin City Limits.
      383 Corbin Center Dr, Corbin, KY 40701
      View Details
    • Contact for pricing
      15,000 SF

      Dominant Retail Center in Corbin

      Retail space available in well-located shopping center.
      14659 N Us Highway 25 E, Corbin, KY 40701
      View Details
    • $2,200 /Mo
      57,064 SF

      Corbin Office Space For Lease

      Commercial office space for lease in Corbin City Limits.
      383 Corbin Center Dr, Corbin, KY 40701
      View Details
    • $10 SF/Yr
      123,876 SF

      Kroger Shopping Center Retail Space

      Thriving Corbin, KY retail center; high traffic.
      1019 Cumberland Falls Hwy, Corbin, KY 40701
      View Details
    • $6,100 /Mo
      10,392 SF

      Historic Downtown Mixed-Use Property

      Turnkey, renovated property with development potential in Corbin, KY.
      500 S Main St, Corbin, KY 40701
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lynn Cp School Rd
    Corbin, KY 40701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.