Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Somerset Warehouse For Sale/Lease Title is generated by Realmo AI

    74 Heritage Drive, Somerset, KY 42501

    View on Map
    Claim this Listing
    For Sale
    $550,000

    COMMERCIAL - Somerset, KY

    Property size:
    8,200 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $67/SF
    Added:
    Jan 2, 2026
    Days on Market:
    178
    Last Refresh:
    Jun 29 at 11:06 am

    Property Features for 74 Heritage Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    063-1-3-77
    Size
    8,200 SF
    Lot size
    2.00 Acres

    Building Details

    Year built
    1970
    Roof type
    Metal

    We can help!

    Contact an agent
    Kenneth Degrant
    Kenneth Degrant

    Listing agent Kenneth Degrant License #244885

    Listing office High Point Realty & Auction 226 N 2nd St, Richmond, KY

    Listing date Jan 2, 2026

    MLS# 26000092

    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

    • 8200 sq ft warehouse suitable for lease or sale.
    • Zoned Commercial.
    • Two 12‑foot garage doors offer convenient access.
    • High ceilings: 13 ft (up to 16 ft in the center).
    • Large warehouse area: 71ft x 78ft.
    • Metal roof.

    Overview

    This is an 8,200 square foot warehouse available for lease or sale. The warehouse includes two 12-foot garage doors and ceiling heights ranging from 13 feet to 16 feet in the center. The property is zoned commercial. The warehouse area measures 71 feet by 78 feet. The lot size is 2 acres and is located in Somerset, KY.

    Local Financial Insights For Warehouse

    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 $61.0k $7.44
    − Vacancy −$4.1k −$0.51
    EGI $56.9k $6.93
    − OpEx −$8.5k −$1.04
    NOI $48.3k $5.89
    8,200 SF · lease $7.44/SF/yr · vacancy 6.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $690.4K
    $604.1K – $805.5K (±1% cap)
    NOI $48,331 @ 7.0% cap · market cap 8.79%
    Second Best
    Industrial
    $527.9K
    $461.9K – $615.9K (±1% cap)
    NOI $36,954 @ 7.0% cap · market cap 6.72%
    Theoretical Best
    Specialty Retail
    $1.40M
    $1.22M – $1.63M (±1% cap)
    NOI $97,790 @ 7.0% cap · market cap 17.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tire Medic (Bike/Boat/Book/etc) Store Cumberland Tire Co ... Auto Parts Store Cumberland Container Sales ... Storage Facility All Secure Environmental ... Association Or Organization

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Boat N Stuff Boat Storage — 31 Larrys Ln, Somerset, KY 42501
    • Barrons Storage — 65 Jacks Ln, Somerset, KY 42501
    • Cumberland Container Sales & Rentals, Inc — 74 Heritage Dr, Somerset, KY 42501
    • U-Rental Storage — 635 Enterprise Dr, Somerset, KY 42501
    • Pisgah Boat Storage — Somerset, KY 42503

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.625229
    Latitude
    37.023266

    Nearby Similar for Sale

    • $519,900
      3,287 SF

      Commercial Property Near Lake Cumberland Hospital

      Prime commercial real estate near hospital with stable national tenant.
      311 Langdon Street, Somerset, KY 42503
      View Details
    • $699,900
      2,784 SF

      Main Street Commercial Building For Sale

      Versatile commercial building on Main Street with expansion potential.
      600 N Main Street, Somerset, KY 42501
      View Details
    • $625,000
      3,600 SF

      New Triplex Investment Opportunity

      Turnkey triplex built in 2023 with income potential.
      192 Fairway Lane, Somerset, KY 42503
      View Details
    • $625,000
      3,600 SF

      New Triplex Investment Opportunity

      New construction triplex with income potential in Somerset, Kentucky.
      194 Fairway Lane, Somerset, KY 42503
      View Details
    • $359,900
      4,314 SF

      Multi-Family Residential Property

      For sale multi-family property in Somerset, Kentucky with 4,314 square feet on a 0.345-acre lot.
      208 Auburn Avenue, Somerset, KY 42503
      View Details
    • $409,900
      2,960 SF

      Commercial Building Investment Opportunity

      Income-producing property with a strong tenant in place.
      162 E Somerset Church Road, Somerset, KY 42503
      View Details
    • $598,000
      4,224 SF

      Turnkey Triplex in Somerset, KY

      Income-producing triplex with expansion potential on 1.42 acres.
      11 Midland Meadows Drive, Somerset, KY 42503
      View Details
    • $338,700
      2,100 SF

      Luxury Townhome Investment Opportunity

      New construction townhomes with luxury finishes and long-term value.
      323 Randolph Street, Somerset, KY 42501
      View Details
    • $199,900
      1,302 SF

      Brick Building with Basement Access

      Brick building in city limits with hardwood floors and a basement that has both interior and exterior access.
      301 W Mt Vernon Street, Somerset, KY 42501
      View Details
    • $499,900
      1,000 SF

      Somerset Multifamily Investment Opportunity

      Multifamily property with 11 units near local boatramp.
      11 Dalton Lane, Somerset, KY 42503
      View Details
    • $779,900
      5,000 SF

      Historic Two-Story Mixed-Use Building

      Renovated late-1800s building with two entrances, ADA restrooms, and upgraded mechanicals suited for flexible downtown concepts.
      38 Public Square East Mt. Vernon Street, Somerset, KY 42501
      View Details
    • $2,900,000

      Prime Highway Frontage Opportunity

      High-traffic location with existing 7,600 sq ft office/garage.
      2820 S Hwy 27, Somerset, KY 42501
      View Details

    FAQs

    What type of property is this?
    Warehouse - 8,200 SF warehouse with high ceilings and commercial zoning.
    Where is this warehouse located?
    The property is located at 74 Heritage Drive Somerset, KY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 8200 sq ft warehouse suitable for lease or sale.; Zoned Commercial.; Two 12‑foot garage doors offer convenient access.
    (859) 200-2084
    We can help!
    Contact an agent
    Kenneth Degrant
    Kenneth Degrant
    Real Estate License ID: 244885
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    74 Heritage Drive, Somerset, KY 42501
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!