162 E Somerset Church Road, Somerset, KY 42503
COMMERCIAL - Somerset, KY
- Added:
- Sep 4, 2025
- Days on Market:
- 299
- Last Refresh:
- Jun 29 at 9:06 am
Property Features for 162 E Somerset Church Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- 060-9-1-55.1
- Size
- 2,960 SF
- Lot size
- 0.60 Acres
Building Details
- Year built
- 2000
- Floors in Building
- 1
Listing agent Cassandra Akin License #273503 (859) 948-7537
Listing office Weichert Realtors Ford Brothers, Inc. 1406 South Highway 27, Suite A Weichert Realtor Ford Brothers, Somerset, KY (606) 679-2656
Listing date Sep 4, 2025
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Priced below recent appraisal.
- Income‑producing property with a strong tenant in place.
- Triple net (NNN) lease provides immediate return and minimal owner responsibility.
- Convenient location just off Highway 39 with great visibility and accessibility.
- Ample parking available.
- Well‑maintained building built in 2000.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.5k | $13.68 |
| − Vacancy | −$5.6k | −$1.89 |
| EGI | $34.9k | $11.79 |
| − OpEx | −$8.7k | −$2.95 |
| NOI | $26.2k | $8.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Somerset
- County
- Pulaski
- State
- Kentucky
- Longitude
- -84.598609
- Latitude
- 37.107545