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    74 Heritage Dr Dr Somerset, KY 42501

    For Sale
    $599,900

    Spacious warehouse, ideal for various uses. Two drive-in doors, high ceilings.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This versatile commercial property, located at 74 Heritage Drive in Somerset, Kentucky, presents a significant opportunity for businesses seeking ample warehouse space. The building encompasses approximately 8200 square feet, situated on a two-acre lot. The warehouse itself measures 71 feet by 78 feet, providing a substantial area for storage, manufacturing, or distribution. The property features two 12-foot-high garage doors, allowing for easy access and loading/unloading of goods. Ceiling heights are impressive, ranging from 13 feet to a generous 16 feet at the center, accommodating taller equipment and maximizing vertical storage space. The property is zoned commercial, ensuring suitability for a wide range of business operations. Priced at $599,900, this property is available for both lease and sale, offering flexibility to prospective buyers or tenants. Its strategic location in Somerset, Kentucky, provides convenient access to transportation routes and local amenities. This is an exceptional opportunity to acquire a substantial and well-equipped warehouse space in a desirable location. Serious inquiries are encouraged to explore this promising investment or lease opportunity further.

    Property Features for 74 Heritage Dr Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1970
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.62524
    Latitude
    37.02338

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious warehouse, ideal for various uses. Two drive-in doors, high ceilings.
    Where is this commercial real estate located?
    The property is located at 74 Heritage Dr Dr Somerset, KY.
    What is the asking price?
    The asking price for this property is $599,900.
    (859) 200-2084
    Request Owner's contact information
    74 Heritage Dr 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
    74 Heritage Dr Dr Somerset, KY 42501
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