Listing Agency: CBRE Inc.

Listed By: Doug Butcher Show Phone

Source: Kcrea.resimplifi

Added: Dec 8, 2025 Changed: Aug 30 Last Checked: Sep 1 at 3:25PM

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Investment Insights

Based on property information with market context.

This industrial land offering encompasses 69.70± acres at 116 W University Dr in Somerset, Kentucky. The property is zoned EZ1, with utilities extending to the site and an existing rail spur providing rail service. The condition of the spur has not yet been evaluated.

The property is situated in Pulaski County, approximately 30 miles from Interstate 75. Lexington, Kentucky, is 80 miles away, while Knoxville, Tennessee, is 113 miles away.

Key Highlights

• 69.70± acres of industrial land
• EZ1 zoning
• Utilities extend to the site

Property Analytics

Property Profile

Current Use

Air Products & Chemicals ... Big Box & Wholesale Store First Apostolic Church Church

Suggested Use

Top Pick Restaurant Pharmacy Big Box & Wholesale Store Kitchen & Bath Showroom Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

179

Businesses Nearby

Explore this area Business Placement

Demographics for 42503, KY

24,670

Population

11,588

Households

2.1

Avg Household Size

42

Median Age

23%

College-Educated

85%

High-School Grad

129.5 sq mi

ZIP Area

191

Density / Sq Mi

$53,377

Median Household Income

$35,319

Median Earnings

$873

Median Rent

$198,500

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - EZ1-zoned industrial land with utilities at the site and rail access in Pulaski County.

Where is this industrial land located?

The property is located at 116 W University Dr Somerset, KY.

What are key features of this property?

This property features: 69.70± acres of industrial land; EZ1 zoning; Utilities extend to the site