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Commercial Land with Office Space
For Lease
$5,000/Mo

229 Somerset Rd, London, KY 40741

Commercial land for lease with office space near I-75.

Space SizeContact for details
Lot Size3.50 Acres
Days on Market482

Property Features for 229 Somerset Rd

General Information

Standard status Active
Lot size 3.50 Acres
Listing Agency: WEICHERT REALTORS - Ford Brothers
Listed By: April Wilson · License #247575
Source: Exprealty
Added: Apr 28, 2025 Changed: Aug 20 Last Checked: Aug 21 at 11:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT REALTORS - Ford Brothers

Investment Insights

Based on property information with market context.

This commercial tract of land is available for lease, offering business opportunities within minutes of I-75 in London, KY. The property features high visibility and abundant road frontage, along with 3.5 acres of usable cleared land. An 890 sq ft office space is included, equipped with utilities and a bathroom. Additionally, there are three older existing block storage buildings on site.

Key Highlights

  • High visibility and abundant road frontage.
  • Ideal commercial location minutes from I‑75.
  • 3.5 acres of usable cleared land.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store

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

Lease Details

NNN (Triple Net)
Lease Type
$10.11 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

Demographics for 40741, KY

23,327
Population
10,344
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
207.6 sq mi
ZIP Area
112
Density / Sq Mi
$60,417
Median Household Income
$38,078
Median Earnings
$825
Median Rent
$155,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land for lease with office space near I-75.
Where is this commercial land located?
The property is located at 229 Somerset Rd London, KY.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: High visibility and abundant road frontage.; Ideal commercial location minutes from I‑75.; 3.5 acres of usable cleared land.
More about this property
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