Prime Land Near Industrial
For Sale
$795,000
2009 Coin Road, Somerset, KY 42503
LAND - Somerset, KY
Lot Size10.00 Acres
Days on Market1960
Property Features for 2009 Coin Road
General Information
Property type
Land
Property subtype
Other
Subdivision
Rural
Lot features
Cleared, Rolling Slope, Gentle Sloping
Directions
From intersection of Hwy 80 and 461, turn onto Hwy 461 and travel to Coin Road, on the left. Turn left and property is on the left.
Standard status
Active
APN
102-0-1-41-41.2
Lot size
10.00 Acres
Utilities
Utilities
Water Available
Listing Agency:
Weichert Realtors Ford Brothers, Inc.
(606) 679-2656
Listed By:
Charles V Hansford · License #214283
(606) 219-3274
Added: Mar 21, 2021
Changed: May 14
Last Checked: Aug 1 at 12:06PM
MLS# 20115312
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Investment Insights
Based on property information with market context.
This 10-acre property is located approximately 8 miles east of Somerset and about 25 miles south of Mt Vernon from I-75, as well as approximately 25 miles west of London from I-75. The site features about 800 feet of road frontage on Coin Road and is situated close to an industrial park, across from Toyotetsu. An access bridge over the 4-lane Hwy 461 connects the industrial park and Coin Road. The area includes approximately 10 other commercial-related businesses, with an estimated 2,500 to 3,000 employees and around 300 trucks entering and exiting daily. Water, sewer, and gas utilities are available. The property benefits from a deceleration lane via Coin Road off Hwy 461 and an acceleration lane from Coin Road onto Hwy 461. High traffic volume is observed, particularly during summer months due to travelers heading to Lake Cumberland from I-75. The location is considered ideal for a convenience store, fuel center, and fast food establishment, addressing the limited eating options for area employees. The area has undergone a $70+ million project to reconstruct the Hwy 80 and Hwy 461 intersection and expand Hwy 461 from that intersection past the industrial community to Buck Creek Bridge from 2-lane to 4-lane.
Key Highlights
- High‑traffic location on Coin Road near Hwy 461, ideal for a convenience store, fuel center, or fast food restaurant due to minimal eating options for nearby employees and lake‑bound travelers.
- Utilities (water, sewer, and gas) are available on the property.
- Features both deceleration and acceleration lanes on Coin Road at Hwy 461.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 10-acre commercial land near industrial park with high traffic.
Where is this commercial land located?
The property is located at 2009 Coin Road Somerset, KY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: High‑traffic location on Coin Road near Hwy 461, ideal for a convenience store, fuel center, or fast food restaurant due to minimal eating options for nearby employees and lake‑bound travelers.; Utilities (water, sewer, and gas) are available on the property.; Features both deceleration and acceleration lanes on Coin Road at Hwy 461.
