Corbin, KY High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Corbin, Kentucky Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Corbin KY Properties: 1.1000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Corbin KY
Common questions from investors exploring commercial real estate in Corbin KY.
What's the overall investment potential of Corbin, KY, considering its demographics and economy?
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The city's 26.1% poverty rate and $34,375 median household income suggest a working-class market, but the 94.5% health insurance coverage and 18.4-minute average commute time indicate a relatively stable population with access to employment and healthcare, making it an attractive option for investors looking for affordable housing opportunities.
How does the ethnic diversity and industry mix in Corbin, KY impact the local real estate market?
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The dominant White population and diverse industries such as Health Care & Social Assistance, Retail Trade, and Manufacturing contribute to a stable demand for housing, while the 1.4% foreign born rate and 96.4% White population suggest a relatively homogeneous market with limited international investment potential.
What are the key factors to consider when evaluating the quality of life for tenants in Corbin, KY?
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The 18.4-minute average commute time, 94.5% health insurance coverage, and 62.1% homeownership rate suggest a high quality of life, but the 26.1% poverty rate and $34,375 median household income indicate that tenants may face financial challenges, making it essential for investors to balance rent prices with tenant affordability.
How do the top industries in Corbin, KY influence the local job market and housing demand?
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The presence of Health Care & Social Assistance, Retail Trade, and Manufacturing industries provides a stable source of employment, with 2,859 employed individuals, which in turn drives housing demand, particularly for affordable options, given the city's 26.1% poverty rate and $123,400 median property value.
What role do commute times and transportation options play in assessing the stability of the Corbin, KY real estate market?
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The 18.4-minute average commute time and top commute methods, including driving alone, carpooling, and working from home, indicate a relatively convenient and flexible transportation system, which, combined with the 94.5% health insurance coverage and $34,375 median household income, suggests a stable market with a low risk of tenant turnover and vacancy rates.
Corbin KY Real Estate & City Facts
Key facts and real estate information about Corbin KY.
What are some of the best neighborhoods to live in Corbin?
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Some of the best neighborhoods to live in Corbin, KY, are Tattersall Estates, Bentwood, Blossom Ridge, Bramblewood Estates, Brelance, Briarwood Trace, Browning Acres, and Cardinal Heights. These neighborhoods offer a range of housing options and are known for their peaceful and family-friendly environments.
What are some fun things to do in Corbin?
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Corbin, KY, has a variety of attractions and activities to enjoy, including the Cumberland Falls State Resort Park, Harland Sanders Cafe And Museum, Laurel River Lake, and Cumberland Gap National Park. Visitors can also explore the city's specialty shops, restaurants, and outdoor recreational opportunities like hiking, fishing, and horseback riding.
What is the food scene like in Corbin?
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The food scene in Corbin, KY, offers a diverse range of options, including Applebee's, Amrit Cuisine of India, Brooklyn Brothers Pizza, Cinema Social, Depot on Main, Gatti's Pizza, Mi Casa #3 Mexican Restaurant, and The Wrigley Taproom & Eatery. There are also plenty of great food trucks and local eateries to try, such as Smokey Bears BBQ and Folktale Coffee & Bakehouse.
What are the pros and cons of living in Corbin?
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The pros of living in Corbin, KY, include its small-town charm, outdoor recreational opportunities, and a range of community events and activities. However, some cons include limited job opportunities, a relatively low median household income, and a lack of diversity in the area. Overall, Corbin is a great place to live for those who value a close-knit community and easy access to nature.
Is Corbin a good place to live?
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Corbin, KY, can be a good place to live for those who appreciate a small-town atmosphere and are looking for a more relaxed pace of life. While it may have its limitations, the city has a lot to offer, including a range of outdoor activities, a variety of restaurants and shops, and a strong sense of community. Ultimately, whether or not Corbin is a good place to live depends on individual preferences and priorities.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Corbin KY Commercial Property: $34,375
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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