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13143 N US-25E

55 Acres of Commercial Land Offered at $22,254,279 CAD in Corbin, KY 40701

Investment Highlights

  • All Utilities
  • Traffic Count 30,000 +/-
  • Leveled and Compacted

Executive Summary

MOTIVATED SELLER SAYS BRING OFFERS!!!
Rare opportunity for a 55-acre tract of shovel ready land in Corbin. Located on a 4-lane highway, this property has been compacted, leveled, and has all utilities available. This amazing property is the only one of its kind in Corbin and is located 1.5 miles from the new Cumberland Run Horse Racing Facility and Casino.
If you are looking to develop, this is the property for you! Approximately 30,000 +/- vehicles pass this property daily.
This property is located on the main Corridor between I-81 and I-75N, and within a short drive to the proposed Boones Way Elk Reserve in Pineville KY, TN and VA. The State has approved an additional entrance off US 25E, and turning lanes can be constructed, per seller. There is also a possibility of adding a rail spur on the back of property. Call for details!
SELLER IS SELL IN PARCELS OR AS A WHOLE!!
All utilities are on the site or available including 3 phase electric, a high pressure gas line and both raw water and city water on site.
According to the owner, the property next door sold for $655,000 an acre on just under 12 acres.

Property Facts

Price $22,254,279 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
Total Lot Size 55.00 AC

1 Lot Available

Lot

Price $22,254,279 CAD
Price Per AC $404,623 CAD
Lot Size 55.00 AC

55 acre Commercial/Industrial tract, compacted, and leveled. All utilities available. Located 1.5 miles from the New Cumberland Run Horse Racing Track. This amazing tract of land is the largest of its kind in the Corbin area.

Description

Flat Commercial Property, Located on US 25E. Excavation has been completed. Land has been compacted and leveled. Located within 1.5 miles of Cumberland Run Horse Racing Facility and Casino which opened in 2023! This entire 55-acre tract is being offered for sale.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
011-00-00-054.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,109,600 CAD

zoning

Zoning Code C (Commercical)
C (Commercical)
  • Listing ID: 24086321

  • Date on Market: 2021-09-13

  • Last Updated:

  • Address: 13143 N US-25E, Corbin, KY 40701

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