319 N Hills Road, Corbin, KY 40701
$1,800,000
Property Type:
Commercial Sale
Square Footage:
86,930
Lot Size (sq. ft.):
598,732
Status:
Closed
Current Price:
$1,800,000
List Date:
1/05/2026
Last Modified:
5/26/2026
Overview
Description
...
(Read more)
Income-Producing Manufacturing Facility | 8 Buildings Totaling 86,930 SF Combined. This premier industrial manufacturing property presents a rare opportunity to acquire a fully operational, campus-style facility currently occupied by a major industrial tenant and a globally recognized manufacturing company with significant operational scale. The multi-building campus configuration provides long-term adaptability for a wide range of industrial users and future repositioning strategies. The property consists of eight separate industrial buildings situated on approximately 13.7 gated acres. The total building area is approximately 86,930 square feet, which reflects the combined square footage of all eight buildings. Individual building sizes are in the accompanying sketch summaries included within the listing photos. Buyers are encouraged to review these sketches to fully understand the configuration and square footage allocation of each structure. The current tenancy includes a multi-year lease term, delivering a stable and predictable income stream with an estimated cap rate in the high single-digit range. This structure makes the property well suited for investors seeking dependable cash flow, while also appealing to buyers planning for eventual owner-user occupancy at lease expiration. The multi-building campus design supports high-volume manufacturing, finishing, storage, shipping and distribution, and sales or support operations. The layout allows for efficient separation of workflows, scalability, and adaptability for a wide range of industrial and manufacturing uses. The property includes multiple production and shipping buildings with a combination of dock-height and grade-level bay doors, gas-heated manufacturing facilities, and a dedicated finishing building equipped with two paint booths, a paint curing oven, a conveyor system, and a hanging paint line. Each building includes restrooms and employee break areas, and the campus offers ample on-site parking, internal circulation, and a gated, secure industrial environment. Strategically located approximately 1.5 miles from South I-75, the property benefits from excellent interstate access, supporting efficient logistics, freight movement, and regional or national distribution. The location is well suited for manufacturing, fabrication, and industrial operations requiring proximity to a major transportation corridor. Additionally, certain manufacturing equipment may be available to convey following the conclusion of the current lease, presenting a potential turnkey opportunity for future owner-users or value-add investors. This property is ideally positioned for industrial investors, manufacturing companies, metal fabrication operators, logistics and distribution users, and institutional buyers seeking a well-located industrial asset with proven production capabilities, income stability, and long-term growth potential. Property is an active, operating manufacturing facility. Showings must be coordinated through listing agent.
Listing Details MLS# 26000258
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Industrial
Status Change Information
- Status Change Timestamp
- 2026-05-26
- Purchase Contract Date
- 2026-01-22
- Close Date
- 2026-05-26
- Close Price
- 1800000
- Buyer Financing
- Other
- Sale Type
- Arms Length Sale
Address
- County
- Laurel
- Street Number
- 319
- Street Direction Prefix
- N
- Street Name
- Hills
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40701
- Parcel Number
- 123-00-00-083.00
Contract
- Original List Price
- 2200000
- Start Showing Date
- 2026-01-05
- Listing Contract Date
- 2026-01-05
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/SqFt
- 25.31
- Sold Price/SqFt
- 20.71
- SP/LP
- 0.82
Tax Legal
- MLS Area Major
- 044 - Laurel County
- Subdivision Name
- Commercial
Interior
- Living Area Units
- Square Feet
- Building Area Total
- 86930
- Building Area Source
- Public Records
- Building Area Units
- Square Feet
More Information
Parking Information
- Parking Total
- 100
Building
- Basement YN
- No
- Year Built
- 1983
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 13.745
- Lot Size Square Feet
- 598732.2
- Lot Size Dimensions
- Irregular
- Road Frontage Feet
- 1174
Utilities
- Heating YN
- Yes
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Sewer Connected
- Yes
- Water Available
- Yes
Remarks
- Public Remarks
- Income-Producing Manufacturing Facility | 8 Buildings Totaling 86,930 SF Combined. This premier industrial manufacturing property presents a rare opportunity to acquire a fully operational, campus-style facility currently occupied by a major industrial tenant and a globally recognized manufacturing company with significant operational scale. The multi-building campus configuration provides long-term adaptability for a wide range of industrial users and future repositioning strategies. The property consists of eight separate industrial buildings situated on approximately 13.7 gated acres. The total building area is approximately 86,930 square feet, which reflects the combined square footage of all eight buildings. Individual building sizes are in the accompanying sketch summaries included within the listing photos. Buyers are encouraged to review these sketches to fully understand the configuration and square footage allocation of each structure. The current tenancy includes a multi-year lease term, delivering a stable and predictable income stream with an estimated cap rate in the high single-digit range. This structure makes the property well suited for investors seeking dependable cash flow, while also appealing to buyers planning for eventual owner-user occupancy at lease expiration. The multi-building campus design supports high-volume manufacturing, finishing, storage, shipping and distribution, and sales or support operations. The layout allows for efficient separation of workflows, scalability, and adaptability for a wide range of industrial and manufacturing uses. The property includes multiple production and shipping buildings with a combination of dock-height and grade-level bay doors, gas-heated manufacturing facilities, and a dedicated finishing building equipped with two paint booths, a paint curing oven, a conveyor system, and a hanging paint line. Each building includes restrooms and employee break areas, and the campus offers ample on-site parking, internal circulation, and a gated, secure industrial environment. Strategically located approximately 1.5 miles from South I-75, the property benefits from excellent interstate access, supporting efficient logistics, freight movement, and regional or national distribution. The location is well suited for manufacturing, fabrication, and industrial operations requiring proximity to a major transportation corridor. Additionally, certain manufacturing equipment may be available to convey following the conclusion of the current lease, presenting a potential turnkey opportunity for future owner-users or value-add investors. This property is ideally positioned for industrial investors, manufacturing companies, metal fabrication operators, logistics and distribution users, and institutional buyers seeking a well-located industrial asset with proven production capabilities, income stability, and long-term growth potential. Property is an active, operating manufacturing facility. Showings must be coordinated through listing agent.
Building and Property Details
- Railroad Siding YN
- No
- # of Dock Doors
- 5
- # of Drive-in Doors
- 10
- # of Men's Restrooms
- 8
- # of Women's Restrooms
- 8
Showing Information
- Showing Instructions
- Schedule through ShowingTime. Listing agent will contact for additional showing instructions.
Tax & Legal
- Business Name
- MPI (Metal Products Inc)
- Tax Rate
- 7.78
- Zoning
- Other
- Directions
- From I-75 South, take exit 29 Corbin/Barbourville. Turn LEFT onto US-25E S/W Cumberland Gap Pkwy. Drive approx. 1.2mi, turn LEFT onto American Greeting Card Rd/KY-1223. Go approx. 0.1mi, turn RIGHT onto N. Hills Rd. Entrance is 0.2mi on RIGHT.
Association/Community
- Number Of Buildings
- 8
Construction Materials
- Aluminum Siding
- Yes
- Block
- Yes
Heating
- Ceiling
- Yes
- Natural Gas
- Yes
Parking Features
- Gravel
- Yes
- On Site
- Yes
Possession
- Negotiable
- Yes
- Subject To Tenant Rights
- Yes
Special Listing Conditions
- Standard
- Yes
Business Type
- Manufacturing
- Yes
Existing Lease Type
- NNN
- Yes
Sale Includes
- Building(s)
- Yes
- Equipment
- Yes
- Fixtures
- Yes
- Land
- Yes
- Leases
- Yes
- Options
- Yes
- Other
- Yes
Tenant Pays
- Common Area Maintenance
- Yes
- Electricity
- Yes
- Gas
- Yes
- Insurance
- Yes
- Interior Maintenance
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Water
- Yes
- Other
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Showing Service
- Yes
Property Features
Utilities:
Electricity Connected; Natural Gas Available; Phone Available; Sewer Connected; Water Available; Electricity Connected; Natural Gas Available; Phone Available; Sewer Connected; Water Available
Business Type:
Manufacturing
Construction Materials:
Aluminum Siding; Block
Existing Lease Type:
NNN
Heating:
Ceiling; Natural Gas
Parking Features:
Gravel; On Site
Possession:
Negotiable; Subject To Tenant Rights
Sale Includes:
Building(s); Equipment; Fixtures; Land; Leases; Options; Other
Special Listing Conditions:
Standard
Tenant Pays:
Common Area Maintenance; Electricity; Gas; Insurance; Interior Maintenance; Sewer; Taxes; Water; Other
Showing Requirements:
Call Listing Agent; Showing Service
Listing Office:
RE/MAX On Main, Inc
Last Updated: May - 26 - 2026
Information deemed reliable but not guaranteed.
