Storefront Property with
New
For Sale
$658,000
3271 S Highway 27, Somerset, KY 42502
Commercial Sale, Somerset, KY
Property Size3,100 SF
Lot Size0.69 Acres
Price / SF$212.26
Days on Market4
Property Features for 3271 S Highway 27
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
COMMERCIAL
Rooms
Basement
Basement
Full
Directions
Go through light number 19 on south hwy 27 the building is on south side of Valvoline oil change.
Subdivision
902 - Southwest Pulaski County
Standard status
Active
APN
062-2-1-46
Size
3,100 SF
Lot size
0.69 Acres
Additional Details
Property Use
Retail or Office
Utilities
Sewer type
Public Sewer, Septic Tank
Heating system
Heat Pump (Heating)
Amenities
storage area
Building Details
Year built
1970
Floors in Building
1
Building materials
Brick
Roof type
Composition
Buildings
1
Listing Agency:
CENTURY 21 Advantage Realty
(606) 451-1021
Listed By:
Missy Gabbard
(606) 416-2904
Added: Nov 3
Last Checked: Nov 6 at 7:06AM
MLS# 26030316
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1970, this brick storefront building contains 3,100 square feet and is suited to retail or office use. An attached 864-square-foot garage and storage area provide additional enclosed space. The property also includes an existing billboard.
The site fronts South Highway 27, with 140 feet of highway frontage. The building has a composition roof and heat-pump heating.
The site fronts South Highway 27, with 140 feet of highway frontage. The building has a composition roof and heat-pump heating.
Key Highlights
- 3,100‑square‑foot brick building built in 1970
- Attached 864‑square‑foot garage and storage area
- 140 feet of frontage on South Highway 27
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,338
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,760
$706.8K
Cap Rate 7%
$504,829
$504.8K
Cap Rate 9%
$392,644
$392.6K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$53.2K $17.16/SF
− Vacancy
−$2.7K −$0.88/SF
EGI
$50.5K $16.28/SF
− OpEx
−$15.1K −$4.89/SF
NOI
$35.3K $11.40/SF
Area
Pulaski County, KY
Vacancy
5.10%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,760
Cap Rate 7%
$504,829
Cap Rate 9%
$392,644
Alternative Uses
Best Use
Retail
$504.8K
$441.7K – $589.0K
NOI $35,338 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$528.1K
$462.1K – $616.2K
NOI $36,969 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
267k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Apparel 34%
Shops & Services 22%
Home Improvements & Furnishings 7%
T.J. Maxx
Apparel
45,463 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
38,107 visits/mo
0.2 miles
Dunham's Sports
Apparel
28,488 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
19,839 visits/mo
0.4 miles
Ollie's Bargain Outlet
Shops & Services
18,574 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Kroger Floral — 143 Central Point Ave, Somerset, KY 42503
- Kroger Floral Department — 2835 Old US Hwy 27, Somerset, KY 42501
Frequently Asked Questions
What type of property is this?
Storefront property - Retail or office use is supported by an attached garage and storage area.
Where is this storefront property located?
The property is located at 3271 S Highway 27 Somerset, KY.
What is the asking price?
The asking price for this property is $658,000.
What are key features of this property?
This property features: 3,100‑square‑foot brick building built in 1970; Attached 864‑square‑foot garage and storage area; 140 feet of frontage on South Highway 27
