1222 American Greeting Card RdCorbin, KY 40701

  • Other commercial real estate
  • 1.00 AC
For Sale
$439,000 View listing

Property Details for 1222 American Greeting Card Rd

Year built
1982
Lot size
1.00 AC
Property type
Other commercial real estate
APN
123-20-00-026.00
APU
123200002600

Description

This exceptional 3,420 square foot commercial garage presents a lucrative investment opportunity in Corbin, KY. Located on a 1.22-acre lot at 1222 American Greeting Card Road, this property boasts a prime location in a high-traffic area, making it highly visible and accessible. The building itself is well-equipped for a variety of uses, including a heavy equipment shop, towing company, or warehouse. Five drive-in doors provide ample access for large vehicles and equipment. Inside, you'll find two offices, perfect for administrative tasks or client meetings. The building is insulated for energy efficiency and features gas heat, with air conditioning in the office spaces. A significant advantage is the existing security system, ensuring the safety of your assets and operations. Additional storage space is available upstairs, offering versatile options for inventory or equipment. The property also includes a fenced lot for added security and a concrete pad with a steel framework, providing the potential for future expansion. This turnkey property is ready for immediate occupancy and offers significant potential for growth and return on investment. Don't miss this chance to acquire a well-maintained, strategically located commercial building in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,554,442
    Hospitality
    $7,835,823
    Educational
    $6,519,312
    Medical
    $6,743,522
    Retail
    $10,141,153
1222 American Greeting Card Rd, Corbin, Kentucky

Location Insight

City
Corbin
County
Laurel
State
Kentucky
Latitude
36.9769
Longitude
-84.0907
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
$2,214
-
-
$279,900
-
-
-
$279,900

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