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    154 Bogle Office Park Dr Somerset, KY 42503

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    For Sale
    $1,500,000

    10,000 SF medical office building in Somerset, Kentucky.

    Property size:
    10,000 SF

    Property Features for 154 Bogle Office Park Dr

    General Information

    Size
    10,000 SF

    Building Details

    Year built
    1970

    Source: Zach Smith, CCIM Agent Zach Smith, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Somerset Medical Office Building For Sale

    A 10,000 SF freestanding medical office building is available for sale in Somerset. The property is located near Lake Cumberland Regional Hospital and is zoned commercial. The building contains approximately 5,000 SF on the entry level and 5,000 SF on the lower level. The existing layout includes a mix of private offices and meeting rooms. With 43 parking spaces, the property is well-suited for an owner-occupant. The location offers close proximity to medical facilities, offices, retail establishments, and restaurants, making it an ideal medical or office location. Somerset is located on US Hwy 27, 73 miles south of Lexington, KY, and 129 miles north of Knoxville, TN. It is situated at the convergence of Knox, Laurel, and Whitley Counties, serving a regional trade area population of 195,000 plus. Lake Cumberland also provides considerable tourist and weekend shoppers.
    Location Intelligence

    Current Use by Public Records

    Brenda Jean Jobson, ... Gastroenterologist Dr. Jose A. Cardenas Neurologist Stacey Strunk, APRN Nurse Practitioner Husted John D ... Bariatric Surgeon Bluegrass Bariatric Surgical Doctor

    Suggested Use

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

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

    Similar Places Nearby

    Lake Cumberland Animal Hospital, Greenwell Eric DVM

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.624542
    Latitude
    37.086602

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    FAQs

    What type of property is this?
    Medical office - 10,000 SF medical office building in Somerset, Kentucky.
    Where is this medical office located?
    The property is located at 154 Bogle Office Park Dr Somerset, KY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Freestanding 10,000 SF medical office building.; - Great location near Lake Cumberland Regional Hospital and other medical, office, retail, and restaurant locations.; - Well-suited for an owner-occupant.
    (859) 333-8029
    Request Owner's contact information
    154 Bogle Office Park 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
    154 Bogle Office Park Dr Somerset, KY 42503
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