Prime Development Land Near
For Sale
$2,900,000
5800 S Highway 27, Somerset, KY 42501
LAND - Somerset, KY
Property SizeContact for details
Lot Size18.31 Acres
Days on Market424
Property Features for 5800 S Highway 27
General Information
Property type
Land
Property subtype
Other
Subdivision
Rural
Lot features
Cleared, Level, Rolling Slope, Gentle Sloping
Directions
Headed south down highway 27 the property is on the left. If you see the lake to the right, property is on the left. Located between John Deer and AB Studios.
Standard status
Active
APN
063-2-1-70
Lot size
18.31 Acres
Listing Agency:
No Wake Real Estate
(606) 753-9253
Listed By:
Brandon Davis · License #271972
(606) 802-0123
Added: Jun 10, 2025
Changed: May 14
Last Checked: Aug 7 at 12:06AM
MLS# 25012518
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.
Investment Insights
Based on property information with market context.
This 18.31-acre tract is located directly off the busiest stretch of Highway 27 in Somerset, Kentucky, across from Lake Cumberland. It offers one of the last remaining large-acreage development opportunities in the area, featuring unobstructed lake views and multiple points of ingress and egress. The property is suitable for a range of commercial and residential projects, including a boutique lakeview hotel or lodging, retail spaces, restaurants, storage facilities, or a mixed-use development. The front 2 to 3 acres are suitable for immediate commercial use, such as a hotel, with additional space for expansion, housing, or supporting businesses. The location is near multiple marinas, boat ramps, and downtown Somerset. It is positioned for building overlooking Lake Cumberland.
Key Highlights
- Large 18.31‑acre tract offering significant development potential.
- Enjoy unobstructed lake views and direct access off Highway 27.
- Ideal for a boutique lakeview hotel or lodging.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
Explore this area
Business Placement
Demographics for 42501, KY
18,047
Population
8,039
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
84%
High-School Grad
199.7 sq mi
ZIP Area
90
Density / Sq Mi
$49,449
Median Household Income
$38,121
Median Earnings
$808
Median Rent
$131,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 18.31-acre tract ideal for commercial or residential development.
Where is this commercial land located?
The property is located at 5800 S Highway 27 Somerset, KY.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Large 18.31‑acre tract offering significant development potential.; Enjoy unobstructed lake views and direct access off Highway 27.; Ideal for a boutique lakeview hotel or lodging.
