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    300 Washington Dr Somerset, KY 42501

    New
    For Sale
    $979,900

    LAND - Somerset, KY

    Lot size:
    5.89 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 300 Washington Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    061-3-0-90
    Lot size
    5.89 Acres

    Lake Cumberland Real Estate Professionals (606) 677-0059

    Listing agent The Millie Weaver Team - Millie Weaver (606) 485-1865

    Listing date Dec 8, 2025

    MLS# 25004864 Listing URL

    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

    Prime Commercial Land Opportunity

    This 5.89-acre parcel is located in close proximity to retail and restaurant businesses. The property's zoning allows for diverse commercial developments or potential rental properties. Situated behind major retailers such as Walmart, Lowe's, and the Post Office, the location benefits from high traffic, ensuring visibility.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.624919
    Latitude
    37.068098

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    FAQs

    What type of property is this?
    Commercial land - 5.89-acre parcel in high-traffic area near major retailers.
    Where is this commercial land located?
    The property is located at 300 Washington Dr Somerset, KY.
    What is the asking price?
    The asking price for this property is $979,900.
    What are key features of this property?
    This property features: - Prime location with high traffic due to proximity to Walmart, Lowe's, and the Post Office.; - 5.89-acre parcel suitable for commercial development.; - Zoning flexibility allows for diverse commercial developments.
    (606) 485-1865
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    300 Washington Dr Somerset, KY 42501
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    Somerset, KY 42501
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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
    300 Washington Dr Somerset, KY 42501
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