4821 S Highway 27 Somerset, KY 42501
COMMERCIAL - Somerset, KY
Property Features for 4821 S Highway 27
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 063-1-1-89
- Size
- 6,254 SF
- Lot size
- 0.67 Acres
Building Details
- Year built
- 1970
Listing agent J Daniel Hicks License #222060 (606) 416-4660
Listing office CENTURY 21 Advantage Realty 3765 S Hwy 27, Somerset, KY (606) 451-1021
Listing date Jul 12, 2026
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Investment Insights
Based on property information with market context.
The property is positioned with excellent Hwy 27 frontage and high visibility. It also features a large, updated apartment with a private entrance, suitable for an owner/manager or additional rental income.
Recent improvements include a new roof and gutters installed within the last 12 months. An additional lot with a billboard is available for purchase with the property.
Key Highlights
- 1970‑built commercial property with four large commercial spaces and multiple private offices
- Excellent Hwy 27 frontage with high‑visibility access, plus multiple entrances and common‑area restrooms
- Includes secure vault rooms and garage/storage space
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 | $85.6k | $13.68 |
| − Vacancy | −$11.8k | −$1.89 |
| EGI | $73.7k | $11.79 |
| − OpEx | −$18.4k | −$2.95 |
| NOI | $55.3k | $8.84 |
