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    lot 23&24 Center St Somerset, KY 42501

    Sponsored
    For Sale
    $84,900

    LAND - Somerset, KY

    Lot size:
    0.44 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for lot 23&24 Center St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    062-1-1-21, 062-1-1-22
    Lot size
    0.44 Acres

    Lake Cumberland Real Estate Professionals (606) 677-0059

    Listing agent Raegan Daugherty (606) 677-0059

    Listing date Jan 9, 2026

    MLS# 25505894 Listing URL

    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

    Commercial Lots in Union Centre

    Two adjoining commercial lots are available in the Union Centre development along Monticello Street in Somerset, KY. Situated in one of the city's active commercial corridors, the lots offer visibility, accessibility, and potential for growth. Lots 23 & 24 provide space for business ventures, including a retail storefront, office building, restaurant, or service-based business. The property is located near established businesses, restaurants, and retail centers, ensuring traffic and exposure. The combined lots have a size of 0.443 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.614544
    Latitude
    37.078108

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    FAQs

    What type of property is this?
    Commercial land - Two adjoining commercial lots in a high-traffic area.
    Where is this commercial land located?
    The property is located at lot 23&24 Center St Somerset, KY.
    What is the asking price?
    The asking price for this property is $84,900.
    What are key features of this property?
    This property features: - Prime location in the high-traffic Union Centre development on Monticello Street.; - Two adjoining commercial lots (Lots 23 & 24) offering ample space.; - Excellent visibility and accessibility.
    (606) 416-8100
    Request Owner's contact information
    lot 23&24 Center St 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
    lot 23&24 Center St Somerset, KY 42501
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