Office Building with Custom
New
For Sale
$559,900
79 Sarahs Lane, Somerset, KY 42501
Commercial Sale, Somerset, KY
Property Size2,632 SF
Lot Size0.20 Acres
Price / SF$212.73
Days on Market2
Property Features for 79 Sarahs Lane
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C
Security features
Security System
Directions
Head West on Hwy 80, Turn left on Sarahs lane before west Somerset baptist church- sign is in front of 79 Sarahs lane
Subdivision
909 - Somerset City, Pulaski County
Standard status
Active
APN
061-1-3-32.7
Size
2,632 SF
Lot size
0.20 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Electric, Central Air
Amenities
two HVAC units
4 half baths
employee lounge
numerous custom built-ins
Building Details
Year built
2003
Building materials
Brick
Listing Agency:
Lake Homes Realty
(866) 525-3466
Listed By:
Susan W Alderdice
(606) 305-1226
Added: Oct 8
Last Checked: Oct 9 at 1:06PM
MLS# 26027860
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.
At 79 Sarahs Lane in Somerset, this 2,632-square-foot brick office building was constructed in 2003 on a 0.195-acre lot. The interior includes four half baths, an employee lounge, custom built-ins, and two HVAC units. The property is zoned C and has central air conditioning, electric service, public sewer, and cable availability.
On-site parking is provided, and the property is near the hospital. The office configuration and existing interior features are suited to professional occupancy, with the lounge and multiple restrooms included in the layout.
On-site parking is provided, and the property is near the hospital. The office configuration and existing interior features are suited to professional occupancy, with the lounge and multiple restrooms included in the layout.
Key Highlights
- 2,632‑square‑foot brick office building on a 0.195‑acre lot
- Built in 2003
- Four half baths and an employee lounge
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,171
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,420
$483.4K
Cap Rate 7%
$345,300
$345.3K
Cap Rate 9%
$268,567
$268.6K
Market Conditions
NOI Build-Up for 2,632 SF
Gross rent
$43.3K $16.44/SF
− Vacancy
−$3.0K −$1.13/SF
EGI
$40.3K $15.31/SF
− OpEx
−$16.1K −$6.12/SF
NOI
$24.2K $9.18/SF
Area
Pulaski County, KY
Vacancy
6.90%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,420
Cap Rate 7%
$345,300
Cap Rate 9%
$268,567
Alternative Uses
Best Use
Healthcare Medical
$345.3K
$302.1K – $402.9K
NOI $24,171 @ 7.0% cap · market cap 4.32%
Second Best
Office B
$332.5K
$291.0K – $388.0K
NOI $23,278 @ 7.0% cap · market cap 4.16%
Theoretical Best
Specialty Retail
$448.4K
$392.4K – $523.1K
NOI $31,388 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
902
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A professional workspace includes an employee lounge, built-in cabinetry, and on-site parking.
Where is this office building located?
The property is located at 79 Sarahs Lane Somerset, KY.
What is the asking price?
The asking price for this property is $559,900.
What are key features of this property?
This property features: 2,632‑square‑foot brick office building on a 0.195‑acre lot; Built in 2003; Four half baths and an employee lounge
