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

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-yea ...

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.