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5780 S 27 Hwy - Somerset HWY 27 Development Land
18.31 Acres of Commercial Land Offered at $3,000,000 in Somerset, KY 42501
Investment Highlights
- Up to 18.31 acres Commercial Re- Development Land
- Multi Access' to U.S. 27 from front 2+ acres
- All utilities on site, or nearby
- Would Consider Partial sale, Sub divide
- Mixed use options, Retail, Hospitality, Healthcare, Storage
- Easy access to Lake Cumberland, Marinas
Property Facts
| Price | $3,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 18.31 AC |
| Property Type | Land |
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 18.31 AC |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 18.31 AC |
| Price Per AC | $163,845 |
| Price | $3,000,000 |
| Price Per AC | $163,845 |
| Lot Size | 18.31 AC |
Description
SVN Stone Commercial Real Estate is pleased to bring to market a redevelopment option of up to 18.31 acres of commercially zoned land located off S Hwy 27 in Somerset, Kentucky. Recently Ranked as America's Best Lake Town in USA Today, the frontage of this site has an unobstructed view of Lake Cumberland! Near the Burnside, Kentucky, end of Hwy 27, this land offers an abundance of options for many uses, like healthcare, Retail, Hospitality, and even large Storage developments. It could be multi-use, with retail on the front and storage or offices in the back. The Front 2+ acres have three existing ingress and egress options for the next developed concept. The rear 16 acres can be accessed from this former parking lot and also multi-access' on nearby Empire Drive. For more information, please contact Neal Metcalfe at 859.312.8069 // neal.metcalfe@svn.com
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $367,000 | Total Assessment | $367,000 |
PROPERTY TAXES
zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
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Neal Metcalfe -
SVN | Stone Commercial Real Estate
Presented by
5780 S 27 Hwy - Somerset HWY 27 Development Land
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