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Investment Highlights

  • Lot sq ft 22390

Executive Summary

Can have a Burnside or Somerset address.

Property Facts

Price $400,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
  • Convenience Store
  • Fast Food
  • Garden Center
  • General Freestanding
  • Healthcare
  • Health Club
  • Medical
  • Restaurant
  • Storefront
  • Storefront, Retail or Residential
  • Strip Center
  • Veterinarian or Kennel
Total Lot Size 0.51 AC
Zoning C - Commercial

1 Lot Available

Lot

Price $400,000
Price Per AC $784,313.73
Lot Size 0.51 AC

Prime Commercial Lot on South Hwy 27. Lot is between Speedy Taco and Coldwell Banker.

Description

Prime Commercial Lot with Dual Highway Frontage – Heart of Somerset, KY Near Lake Cumberland Unlock the potential of this .51-acre commercial lot strategically located in the thriving city of Somerset, Kentucky, just minutes from the shores of Lake Cumberland, one of the region’s premier recreational destinations. This high-visibility property boasts dual road frontage—with exposure on both Hwy 27 and Old Monticello Street, providing unmatched access and signage opportunities. With two entry points into the lot and a prominent location directly across from the planned Horse Soldier Distillery property, this site is perfectly positioned for retail, hospitality, or professional development. Key features include: .51 acres of level, buildable land City water and city sewer available Excellent access via Hwy 27 and Old Monticello St. High traffic count and strong visibility Located in the growth corridor of Somerset Somerset is a dynamic and growing community known for its welcoming atmosphere, business-friendly leadership, and year-round tourism. With Lake Cumberland drawing millions of visitors annually, and continued investments in infrastructure and development, Somerset is quickly becoming a hub for entrepreneurs, investors, and innovators. Whether you're planning a restaurant, retail storefront, office space, or a mixed-use project, this lot offers the ideal canvas in a prime growth location. Seize the opportunity to secure your place in one of Kentucky’s most vibrant commercial corridors.

Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
063-2-1-02.2
Land Assessment
$250,000
Improvements Assessment
$0
Total Assessment
$250,000
  • Listing ID: 20115920

  • Date on Market: 7/1/2020

  • Last Updated:

  • Address: 5339 S Highway 27, Somerset, KY 42501

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