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    330 Enterprise Dr Somerset, KY 42501

    For Sale
    $398,000

    Spacious warehouse, ideal for business. High-capacity floor.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, situated at 330 Enterprise Drive in Somerset, Kentucky, presents a compelling investment opportunity. The warehouse, conveniently located behind Somerset Mall in a thriving business district, boasts approximately 6,000 square feet of well-maintained space. Constructed with a durable steel and metal exterior, the building features superior insulation for optimal climate control. The floors are incredibly robust, consisting of one-foot-thick concrete designed to easily support the weight of an 18-wheeler, ensuring versatility for various commercial uses. Inside, you'll find two heated and cooled offices and two equally comfortable bathrooms. Heating is provided by two large, efficient gas heating systems. The roof is equipped with solar panels, contributing to energy efficiency, and the interior is brightly lit by eight high-intensity fluorescent lights. Additional storage space is conveniently located above each office. The property also includes a substantial asphalt parking lot and a detached 600-square-foot garage situated at the rear of the main building, offering extra storage or workspace. The property sits on a one-acre lot. Note that the property is currently under a rental contract which expires July 1, 2025. This presents a unique opportunity for future income potential. The combination of prime location, durable construction, and ample space makes this warehouse an attractive proposition for discerning investors.

    Property Features for 330 Enterprise Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mac's Drywall Hvac Contractor Bluegrass Distributor Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.62108
    Latitude
    37.03263

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious warehouse, ideal for business. High-capacity floor.
    Where is this commercial real estate located?
    The property is located at 330 Enterprise Dr Somerset, KY.
    What is the asking price?
    The asking price for this property is $398,000.
    (859) 278-7501
    Request Owner's contact information
    330 Enterprise Dr 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
    330 Enterprise Dr Somerset, KY 42501
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