10 months on rocket

2502 Cumberland Falls Highway, Corbin, KY, 40701

$3,500,000

50.00 Acres
Land
Schools Nearby

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

Virtual/3D Tour

  • 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

$215K

Med. Price/SqFt

$49

Avg. Days On Market

65

# of Sold Homes

18

2502 Cumberland Falls Highway vs Corbin

324 DAYS ON ROCKET

+259 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: 5/4/2024, 2:20:35 AM 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-5682556
10
/10
  • Hunter Hills Elementary School

  • 8325 South Us 25

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-5682557
4
/10
  • Camp Ground Elementary School

  • 6800 Barbourville Rd

  • 4.71 miles

  • Public District Grades PK-5

school-card-donut-5682558
7
/10
  • Corbin Elementary School

  • 710 W 8th St

  • 4.75 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,500. Typical income of Corbin, KY residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

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.

In April 2024 more than 0 listings in Corbin, KY were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 14 were sold below. The number of listings in Corbin, KY increased by 2.3% between March 2024 and April 2024. Listings spent 65 days on the market in April 2024, and had a median list price of $215,000 during the same period.

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

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