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    125 Mercury Blvd Somerset, KY 42503

    For Sale
    $299,000

    High-visibility lot, prime location, near amenities.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1-acre commercial lot presents a remarkable investment opportunity in Somerset, Kentucky. Strategically located just off Highway 27, this property boasts unparalleled visibility and accessibility. Its proximity to a thriving movie theater, multiple hotels, and a diverse selection of restaurants ensures high foot traffic and significant exposure for any business. The detached nature of the property offers excellent independence and branding opportunities. This location provides easy access to Somerset's city amenities, making it an ideal site for a wide range of commercial ventures. The property's high-traffic location and convenient access to major roadways make it an attractive proposition for businesses seeking maximum visibility and customer reach. The potential for growth and success in this dynamic area is undeniable. This is a rare opportunity to secure a prime commercial lot in a bustling and convenient location. The property's size and location make it suitable for a variety of commercial uses, offering significant potential for return on investment. Don't miss this chance to establish your business in a thriving commercial hub. The asking price is $299,000. Serious inquiries only.

    Property Features for 125 Mercury Blvd

    General Information

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

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -84.63021
    Latitude
    37.03691

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility lot, prime location, near amenities.
    Where is this commercial real estate located?
    The property is located at 125 Mercury Blvd Somerset, KY.
    What is the asking price?
    The asking price for this property is $299,000.
    (606) 677-0059
    Request Owner's contact information
    125 Mercury Blvd Somerset, KY 42503
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    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
    125 Mercury Blvd Somerset, KY 42503
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