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    203 Murrell Ave Somerset, KY 42503

    For Sale
    $399,000

    COMMERCIAL - Somerset, KY

    Property size:
    6,850 SF
    Lot size:
    0.60 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 203 Murrell Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    060-6-3-65
    Size
    6,850 SF
    Lot size
    0.60 Acres

    Building Details

    Year built
    1970

    No Wake Real Estate (606) 753-9253

    Listing agent Hg Hickey Iii (606) 753-9253

    Listing date Oct 15, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 80 Commercial Building

    This 6850 square foot commercial building features over 300 feet of road frontage on Highway 80. The property is currently operating as a gymnastics studio and is suitable for a variety of business ventures due to its versatile layout and strategic location. The property is located in Somerset, KY, with a lot size of 0.6 acres. This adaptable property presents potential for entrepreneurs and business owners seeking a high-impact location in a thriving area. The property is located on Murrell Avenue in Pulaski County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Missy's Gymnastics Gymnastics Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.606794
    Latitude
    37.10261

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    FAQs

    What type of property is this?
    Storefront property - 6850 sqft commercial building with high visibility on Highway 80.
    Where is this storefront property located?
    The property is located at 203 Murrell Ave Somerset, KY.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - High-traffic location on Highway 80 with **300+ feet of road frontage**.; - **6800+\/- square foot commercial building**.; - Versatile layout suitable for various business ventures.
    (606) 753-9253
    Request Owner's contact information
    203 Murrell Ave Somerset, KY 42503
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    Somerset, KY 42503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    203 Murrell Ave Somerset, KY 42503
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