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    5800 Highway 27 S Somerset, KY 42501

    For Sale
    $3,000,000

    LAND - Somerset, KY

    Lot size:
    18.31 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 11 at 8:06 am

    Property Features for 5800 Highway 27 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    063-2-1-70
    Lot size
    18.31 Acres

    No Wake Real Estate (606) 753-9253

    Listing agent Brandon Davis (606) 753-9253

    Listing date Sep 26, 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

    Prime Land Overlooking Lake Cumberland

    This 18.31-acre tract is located directly off the busiest stretch of Highway 27 in Somerset, Kentucky, across from Lake Cumberland. The property offers unobstructed lake views and multiple points of ingress and egress. It is positioned for a boutique lakeview hotel or lodging, retail, restaurants, storage, or mixed-use development. The front 2 to 3 acres are suitable for immediate commercial use such as a hotel, with space behind for expansion, housing, or supporting businesses. The land is surrounded by multiple marinas and boat ramps and is minutes from downtown Somerset. It is suitable for a wide range of commercial and residential projects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.625235
    Latitude
    37.01238

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    FAQs

    What type of property is this?
    Commercial land - 18.31 acres ideal for commercial or residential development.
    Where is this commercial land located?
    The property is located at 5800 Highway 27 S Somerset, KY.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Large 18.31-acre tract offering significant development potential.; - Enjoy unobstructed lake views and direct access off Highway 27.; - Ideal for a boutique lakeview hotel or lodging.
    (606) 753-9253
    Request Owner's contact information
    5800 Highway 27 S 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
    5800 Highway 27 S Somerset, KY 42501
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