Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    870 Lakeview Dr Somerset, KY 42503

    Sponsored
    For Sale
    $146,000

    COMMERCIAL - Somerset, KY

    Property size:
    6,000 SF
    Lot size:
    1.95 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 8 at 8:06 pm

    Property Features for 870 Lakeview Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    063-6-2-14
    Parking
    20
    Size
    6,000 SF
    Lot size
    1.95 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Septic Tank

    Building Details

    Floors in Building
    1
    Building materials
    Block, Concrete, Vinyl Siding
    Roof type
    Metal

    CENTURY 21 Advantage Realty, A Robinson Co 4511021

    Listing agent Tyler Bourne (606) 451-1021

    Listing date Jan 7, 2026

    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.

    Overview

    Lake Cumberland Area Investment Opportunity

    This property, situated near Lake Cumberland and the amenities of Somerset, features 10 units on 1.95 acres. New underground utilities, including water, electric, and septic lines, have been installed. The property is located approximately 1 mile from the nearest boat ramp and 4.5 miles from Kroger Marketplace. The unit breakdown includes a double wide mobile home that has been cleaned out and appears to be in good structural shape, requiring a full rehab. There are also four block duplexes, each 800 square feet (400 square feet per side), with a two-bedroom, one-bath layout on a concrete slab, ready for renovation. Additionally, there is a single-family dwelling closest to the doublewide that needs the most work and would need heavy repairs if you choose to keep it. Removal or replacement would likely be the easiest option for it. The property is suited for an experienced fix and flipper or someone looking to run a rental business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lookout Cottages Vacation Home Rental Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.618998
    Latitude
    36.999641

    Nearby Similar for Sale

    • $2,000,000
      4,122 SF

      Highway 27 Commercial Building

      Versatile commercial building on Highway 27 in Somerset, Kentucky.
      745 Highway 27 S, Somerset, KY 42501
      View Details
    • $600,000
      0.30 Acres

      Historic Building in Downtown Somerset

      Charming historic building with endless possibilities in a prime location.
      400 W Columbia St, Somerset, KY 42501
      View Details
    • $399,000
      6,850 SF

      Highway 80 Commercial Building

      6850 sqft commercial building with high visibility on Highway 80.
      203 Murrell Ave, Somerset, KY 42503
      View Details
    • $250,000
      1,980 SF

      Remodeled Commercial Building in Downtown

      Move-in-ready 1,980 SF commercial building in downtown Somerset, KY.
      117 W Mount Vernon St, Somerset, KY 42501
      View Details
    • $650,000
      0.60 Acres

      Somerset Commercial Property with Restaurant

      Commercial property featuring a restaurant, warehouse, and storage building.
      143 Highway 80 W, Somerset, KY 42503
      View Details
    • New
      $499,500
      12,000 SF

      Somerset Horse Barn and Arena

      Commercial property with horse barn, arena, and potential studio apartment.
      2484 Highway 1247 N, Somerset, KY 42503
      View Details
    • $599,000
      Pending

      Highway Frontage Retail/Office Opportunity

      Commercial property with retail/office space, garage, and billboard income.
      3271 Highway 27 S, Somerset, KY 42501
      View Details
    • New
      $338,700
      2,100 SF

      Luxury Townhome Investment Opportunity

      New construction townhomes with luxury finishes and long-term value.
      323 Randolph St, Somerset, KY 42501
      View Details
    • New
      $199,900
      1,100 SF

      Updated Home with Commercial Potential

      Updated home near 914 Bypass with oversized garages.
      2924 Ky-80, Somerset, KY 42503
      View Details
    • $595,900
      Pending

      Somerset Investment Opportunity on Highway

      Land and building on South Highway 27 in Somerset, KY.
      799 Hwy 27 South, Somerset, KY 42501
      View Details
    • $299,900
      2,374 SF

      Somerset Duplex with Income Potential

      Duplex in Westwood Estates, immediate income potential, close to marina.
      178 Ridgewater Dr, Somerset, KY 42503
      View Details
    • $409,900
      2,960 SF

      Commercial Building Investment Opportunity

      Income-producing property with a strong tenant in place.
      162 E Somerset Church Rd, Somerset, KY 42503
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - 10 units on 2 acres near Lake Cumberland.
    Where is this mobile home & rv park located?
    The property is located at 870 Lakeview Dr Somerset, KY.
    What is the asking price?
    The asking price for this property is $146,000.
    What are key features of this property?
    This property features: - 10 Units on 2 Acres near Lake Cumberland and Somerset; - New Underground Utilities (Water, Electric, Septic lines); - Ideal for fix and flip or rental business
    (606) 451-1021
    Request Owner's contact information
    870 Lakeview Dr Somerset, KY 42503
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    870 Lakeview Dr
    Somerset, KY 42503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    870 Lakeview Dr Somerset, KY 42503
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.