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    25 Medpark Square Dr Somerset, KY 42503

    For Sale
    Contact for pricing

    Prime Medical Office, High Traffic Area

    Property size:
    1,509 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1,509 square foot medical office space is available for lease in the highly desirable MedPark Square in Somerset, Kentucky. Located in the center of a thriving medical community, this property benefits from a high volume of daily traffic, estimated at 1,500-2,000 cars. The building boasts attractive landscaping and pedestrian-friendly amenities, including a charming courtyard featuring a clock tower. Underground utilities ensure a clean and efficient infrastructure. The property's convenient proximity to the hospital makes it an ideal location for medical professionals seeking a highly visible and accessible office. The base rent is $2515, with a triple net (NNN) charge of $420, totaling $2935. The 0.3-acre lot provides ample space and visibility. This space presents a unique opportunity to establish or expand a medical practice in a premier location with significant foot and vehicle traffic. The building's design and amenities create a professional and welcoming environment for patients and staff alike. Don't miss this chance to secure a prominent presence in Somerset's bustling medical district. Inquire today to learn more about this exceptional opportunity.

    Property Features for 25 Medpark Square Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,509 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    2012
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Clothing Store Building Supply Daycare Center Accounting Firm Kitchen & Bath Auto Repair Shop Wholesale Shop Hotel & Motel Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.62612
    Latitude
    37.08397

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Medical Office, High Traffic Area
    Where is this commercial real estate located?
    The property is located at 25 Medpark Square Dr Somerset, KY.
    What is the asking price?
    The asking price for this property is $2,935.
    (606) 679-4316
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    25 Medpark Square Dr Somerset, KY 42503
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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
    25 Medpark Square Dr Somerset, KY 42503
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