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    Prime Commercial Land on Highway
    Updated: Jul 9, 2025
    Prime Commercial Land on Highway

    1084 S Highway 27, Somerset, KY 42501

    $2,200,000
    25,000 sqft 2.20 AC lot
    Prime location on Somerset's busiest highway (Highway 27) with exceptional visibility and access.
    Large 2.2‑acre commercial tract with a 25,000+\/- sq ft building.
    Surrounded by high‑traffic anchors including Walmart, Lowe's, car dealerships, restaurants, and the regional hospital.
    Zoned for commercial use and equipped with sewer and natural gas.
    Suitable for various ventures: entertainment, retail, medical, or distribution.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1084 S Highway 27, Somerset, KY 42501

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $113K
      Annual

    • Price @ 7% Cap

      $1.61M
      Suggested

    • Property Type

      Bowling Alley
      Built 1970
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    Unrestricted Land with Multipurpose Building
    Updated: Apr 23
    Unrestricted Land with Multipurpose Building

    86 Rose Point, Somerset, KY 42503

    $129,900
    3,794 sqft 1.41 AC lot
    1.41 unrestricted acres
    Unfinished 3794 square foot multipurpose building - Bring your vision to life!
    Water and electric available
    Septic tank set (drain fields not installed)
    Minutes to downtown Somerset
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    Commercially Zoned Development Land
    Commercially Zoned Development Land

    178 Lost Lodge Road, Somerset, KY 42501

    $199,000
    4.00 AC lot

    A 4-acre commercially zoned parcel with electric and public water available, previously used as a mobile home park.

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    Waterfront Lake-View Residential Lot
    Waterfront Lake-View Residential Lot

    61 Ivy Crest Court, Somerset, KY 42503

    $89,900
    0.63 AC lot

    Lake-view waterfront lot located on a quiet cul-de-sac, with underground utilities and deed restrictions.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Prime Development Land Opportunity
    Prime Development Land Opportunity

    1147 W Highway 80, Somerset, KY 42503

    $599,000
    4.70 AC lot

    4.7 acres of commercial land with high traffic exposure.

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    Prime Development Land Opportunity
    Prime Development Land Opportunity

    1147 W Hwy 80, Somerset, KY 42503

    $339,000
    2.33 AC lot

    2.33 acres of commercial land with high traffic exposure.

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    Somerset, KY Development Opportunity
    Somerset, KY Development Opportunity

    1147 W Highway 80, Somerset, KY 42503

    $289,000
    1.87 AC lot

    1.87 acres of land with high traffic exposure.

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    Commercial Land Lot in City Limits
    Commercial Land Lot in City Limits

    956 E Highway 80, Somerset, KY 42503

    $175,000

    Commercial lot in Somerset city limits, located about a mile from Hwy. 27.

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    Unrestricted Waterfront Land with Pole Barn
    Unrestricted Waterfront Land with Pole Barn

    801 Farmer Woodall Road, Somerset, KY 42501

    $129,900
    5.38 AC lot

    5.38-acre Buck Creek tract with 900 feet frontage and new 40x60 pole barn for water-adjacent recreational or workspace use.

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    Hunting Land Tract with Road Frontage
    Hunting Land Tract with Road Frontage

    1407 Denton Phelps Road, Somerset, KY 42501

    $199,900
    61.55 AC lot

    A 61.55-acre recreation and hunting tract with gently rolling terrain, open areas, and multiple road-frontage access options.

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    Unrestricted Hunting Land
    Unrestricted Hunting Land

    39 Omega Park Rd, Somerset, KY 42501

    $229,000
    39.72 AC lot

    Unrestricted 39.72-acre tract near Lake Cumberland and Omega Park boat ramps, with timber and potential building sites.

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    Unrestricted Commercial Land Site
    Unrestricted Commercial Land Site

    400 Thurman Road, Somerset, KY 42503

    $499,000
    20.31 AC lot

    Cleared, unrestricted acreage with substantial road frontage and convenient regional access for a range of development uses.

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    Waterfront Hunting Land with Timber
    Waterfront Hunting Land with Timber

    4100 Omega Park Road, Somerset, KY 42501

    $229,000
    39.72 AC lot

    Unrestricted waterfront tract near Lake Cumberland with mature timber and nearly 1,800 feet of water frontage.

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    Highway 39 Commercial Property
    Highway 39 Commercial Property

    1156 Highway 39, Somerset, KY 42503

    $399,000

    High-visibility commercial property on Highway 39, Somerset, Kentucky.

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    Cleared Commercial Land Parcel
    Cleared Commercial Land Parcel

    812 E Bourne Avenue, Somerset, KY 42501

    $89,900
    0.95 AC lot

    Nearly one acre zoned commercial with utilities at the street in a high-traffic Somerset corridor.

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    High-Visibility Commercial Lot
    High-Visibility Commercial Lot

    5 Union Street, Somerset, KY 42501

    $59,900
    0.31 AC lot

    A 0.31-acre land parcel just off Highway 27, offering straightforward visibility and access for a range of commercial uses.

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    Level Commercial Development Lots
    Level Commercial Development Lots

    19 West Parkers Mill Road, Somerset, KY 42503

    Contact for pricing

    Level commercial lots with blacktop and city gas, sewer, and underground electric, plus TV and phone.

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    Commercial Development Land with Frontage
    Commercial Development Land with Frontage

    5800 E Hwy 80 lot: B, Somerset, KY 42503

    $229,000
    2.82 AC lot

    Nearly 3-acre commercial tract with 400 feet of road frontage and strong visibility off E Hwy 80.

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    Level Commercial Land Lots
    Level Commercial Land Lots

    5 West Parkers Mill Road, Somerset, KY 42503

    Contact for pricing

    Level commercial lots with blacktop and available adjacent parcels served by city utilities including gas and sewer.

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    7.23 Acres with Stocked Pond
    7.23 Acres with Stocked Pond

    1 Captains Way, Somerset, KY 42503

    $159,000
    7.23 AC lot

    7.23-acre property featuring a large, fully stocked pond.

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    Commercial Land with City Utilities
    Commercial Land with City Utilities

    19-B West Parkers Mill Road, Somerset, KY 42503

    Contact for pricing

    Commercial lots with city gas, sewer, underground electric, and blacktop, with level adjoining lots available.

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    Prime Development Land Near Lake
    Prime Development Land Near Lake

    5800 S Highway 27, Somerset, KY 42501

    $2,900,000
    18.31 AC lot

    18.31-acre tract ideal for commercial or residential development.

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    Lightly Restricted Farmland Tract
    Lightly Restricted Farmland Tract

    22 Elihu Cabin Hollow Rd, Somerset, KY 42501

    $125,000

    Tract #22 in a new development offers acreage for a private farm or build site under light restrictions.

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    5.01 Acre Tract in Somerset
    5.01 Acre Tract in Somerset

    1941 Elihu Cabin Hollow Road, Somerset, KY 42501

    $125,000
    5.01 AC lot

    5.01 acre tract for dream home, barndominium, or retreat.

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    Somerset, KY Land Market Trends and Statistics

    Explore 195 land for sale in Somerset, KY, showcased through 195 active listings on our real estate platform. These investment opportunities span a total of 38,783 square feet of properties for sale, with an estimated market value of $4,079,900.

    Sale prices for lots in Somerset, KY start at $129,900, averaging $1,359,966, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 110
    Commercial land 41
    Waterfront Land 9
    Hunting land 8
    Recreation land 8

    Demographics Overview

    Population 43K
    Population Growth (5Y) +4.0%
    Median Household Income $51,787
    College Educated 19.4%

    High-Yield Neighborhoods for Investment

    Identify Somerset submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    42501 $164.1K
    42503 $192.1K

    Listings Trend

    New vs delisted commercial listings in Pulaski County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Pulaski County

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