64 acres zoned Commercial

Vacant Land for Sale
Catylist Listing ID: 30594968
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Residential (Single Family), Self Storage
Gross Land Area: 64.84 Acres
Sale Price: $1,250,000
Unit Price: $19,278 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/18/2022

Overview / Comments

64.89 acres within the city limits of Middlesboro, KY with a family farm house included. Zoned commercial, property is within a mile of Cumberland Gap National Park and less than 3 miles from LMU in Harrogate, TN. Just minutes from US Hwy 25E and the main business district in Middlesboro, KY, including Walmart and the Middlesboro Mall, makes it an ideal location for a hotel or other commercial ventures.

Additional Details

Nearest MSA: Middlesborough
County: Bell
Largest Nearby Street: 10th St
Area Description: Middlesboro is located adjacent to the Cumberland Gap National Park and the Cumberland Gap Tunnel. Just south of the tunnel is historic Cumberland Gap, TN and Harrogate, TN, home of Lincoln Memorial University. You can also be in the state of Virginia in less than 5 minutes. Going north from Middlesboro, you are less than an hour from the new Appalachian Wildlife Center scheduled to open in the summer of 2021.
Available Utilities: Electric, Water, Cable, Internet Access
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 773 9,532 17,544
Median Age: 43.75 41.86 39.31
Households: 360 4,133 7,028


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