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Lakefront Commercial Land
For Sale
$939,000

5901 S Highway 27, Somerset, KY 42501

Land, Somerset, KY

Property SizeContact for details
Lot Size1.81 Acres
Days on Market629

Property Features for 5901 S Highway 27

General Information

Property type Land
Property subtype Other
Subdivision Rural
Lot features Waterfront
Directions Headed south on hwy 27, past Wendys south, the property is on the right. Just before Guthies Bar and Grille.
Standard status Active
APN 063-2-1-38
Lot size 1.81 Acres
Listing Agency: No Wake Real Estate
Listed By: Brandon Davis · License #271972
Added: Jan 1, 2025 Changed: Sep 8 Last Checked: Sep 22 at 1:06PM
MLS# 25000014

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.806-acre waterfront land parcel offers expansive views across Lake Cumberland. The property is identified as commercial land and is positioned for a range of commercial concepts, including restaurant, hotel, bar, and other venture-oriented uses described for the site.

Located at 5901 S Highway 27 in Somerset, Kentucky, the parcel can potentially be combined with an adjacent tract to create a total assemblage of 3.72 acres. The lakefront setting and commercial classification provide the primary characteristics of this land offering.

Key Highlights

  • 1.806‑acre commercial waterfront parcel
  • Expansive views across Lake Cumberland
  • Located at 5901 S Highway 27, Somerset, KY 42501

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Real Estate Agency Pharmacy Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby

Demographics for 42501, KY

18,047
Population
8,039
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
84%
High-School Grad
199.7 sq mi
ZIP Area
90
Density / Sq Mi
$49,449
Median Household Income
$38,121
Median Earnings
$808
Median Rent
$131,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Commercial waterfront parcel with broad Lake Cumberland views and flexible commercial development potential.
Where is this waterfront land located?
The property is located at 5901 S Highway 27 Somerset, KY.
What is the asking price?
The asking price for this property is $939,000.
What are key features of this property?
This property features: 1.806‑acre commercial waterfront parcel; Expansive views across Lake Cumberland; Located at 5901 S Highway 27, Somerset, KY 42501
More about this property
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