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2502 Cumberland Falls Highway, Corbin, KY, 40701

$3,500,000

50.00 Acres
Land

Location

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Property Highlights

Home TypeVacant Lot
MLS #23011055
Lot Size50.00 Acres
StatusActive

About 2502 Cumberland Falls Highway

Unveiling a remarkable investment opportunity, this exceptional 50-acre parcel of land awaits your vision, conveniently situated off Exit 25 of I-75 in Corbin, KY. Boasting an enviable location, this expansive property holds immense potential for commercial and diverse developmental prospects. Its strategic position offers excellent accessibility and exposure, making it an ideal choice for various ventures. Moreover, the availability of additional acreage and easements to Cumberland Falls Hwy further expands the possibilities, providing you with a canvas to create a thriving enterprise in a highly sought-after area.

Property Details

Property Features

Listing Office:

  • Office Name: WTC Realty LLC
  • Office Phone: (606) 344-6560

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  • Virtual Tour: 2502 Cumberland Falls Highway
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Lot Features

Lot Information:

  • Lot Size: 50.00 Acres

Other

Directions Information:

  • Directions: Located off Exit 25 of I-75

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
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Housing Market Comparison

See how this home compares to others in Corbin, KY.

Med. Sold Price

$210.5K

Avg. Days On Market

39

# of Sold Homes

26

2502 Cumberland Falls Highway vs Corbin

528 DAYS ON ROCKET

+489 Days

$3,500,000

+$3.2M More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price in Corbin, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23011055

Listing Office:

  • Office Name: WTC Realty LLC
  • Office Phone: (606) 344-6560

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-923083
10
/10
  • Hunter Hills Elementary School

  • 8325 S US 25

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-923084
7
/10
  • Camp Ground Elementary School

  • 6800 Barbourville Rd

  • 4.33 miles

  • Public District Grades PK-5

school-card-donut-923085
9
/10
  • Wyan-Pine Grove Elementary School

  • 2330 Keavy Rd

  • 5.47 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,500. The majority of Corbin, KY residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Corbin, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Corbin, KY?

The housing landscape in Corbin, Kentucky, features a selection of single-family homes, which are prevalent, reflecting the area's suburban character. Architectural styles vary, with a mix of traditional and ranch-style homes commonly found. The market also includes a modest number of apartments and townhouses, providing options for different housing needs. The majority of homes were built in the latter half of the 20th century, with a focus on family living spaces.

Is Corbin, KY a good place to live?

Corbin is celebrated for its small-town charm and close-knit community atmosphere. The city takes pride in its rich history and cultural heritage, with annual events that bring residents together to celebrate local traditions and foster a sense of community. The downtown area retains a quaint character, with local businesses and historic buildings that contribute to the city's unique identity.

Are things conveniently located in Corbin, KY?

Corbin offers a range of essential services to its residents. The educational system includes several public schools, catering to different age groups, and a few private institutions that complement the public offerings. Healthcare is accessible through local clinics and a regional hospital that provides various medical services. The city also has a public library system that serves as a resource for education and community engagement. Retail and dining options reflect the local culture, with a mix of family-owned shops and restaurants.

What does the transportation in Corbin, KY look like?

Transportation in Corbin includes a network of roads that connect residents to nearby cities and attractions. While public transit options are limited, the community is served by a few bus routes that facilitate local travel. The area is moderately walkable, with certain neighborhoods offering more pedestrian-friendly environments. For those relying on private transport, major highways provide convenient access for commuting and travel. The city is also accessible to ride-sharing services, enhancing mobility for residents and visitors.

Frequently Asked Questions About 2502 Cumberland Falls Highway

What is the listing price of this property?

The listing price of 2502 Cumberland Falls Highway property is $3,500,000.

What type of property is this?

The property 2502 Cumberland Falls Highway is land located in Corbin, Kentucky, 40701.

Is this property for sale now?

Active Listing: 2502 Cumberland Falls Highway is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2502 Cumberland Falls Highway is 50.00 acres.
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Rocket HomesKentuckyWhitley CountyCorbin407012502 Cumberland Falls Highway

This home is located at 2502 Cumberland Falls Highway in Corbin, KY and zip code 40701. This home sits on a 50.00 acre lot. It has been listed on Rocket Homes since June 14, 2023 and is currently priced at $3,500,000.

While more than 1 listings in Corbin, KY in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 15 were sold below. The number of homes for sale in Corbin, KY increased by 0.8% between September 2024 and October 2024. In October 2024 median list price was $210,500 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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