Unrestricted Waterfront Land with Pole
801 Farmer Woodall Road Somerset, KY 42501
For Sale
$129,900
LAND - Somerset, KY
Property Size2,400 SF
Lot Size5.38 Acres
Price / SF$54.13
Days on Market48
Property Features for 801 Farmer Woodall Road
General Information
Property type
Land
Property subtype
Other
Zoning
R-1
Standard status
Active
APN
1270079.6
Lot size
5.38 Acres
Listing Agency:
Keller Williams Bluegrass Realty - Lake Cumberland
(606) 875-1333
Listed By:
Millie King Weaver · License #208856
(606) 875-1333
Added: Jun 11
Changed: Jun 27
Last Checked: Jul 28 at 12:06PM
MLS# 26013528
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 5.38-acre tract offers approximately 900 feet of frontage on Buck Creek, with ownership extending to the center of the creek. A brand-new 40x60 Amish-built pole barn has been completed and can be used as-is or finished for additional living or utility space. The barn includes 14-foot ceilings and large 12x12 door openings, supporting a range of practical uses such as workshop, storage, or a barndominium-style build.
Located at 801 Farmer Woodall Road in Somerset, Kentucky (Pulaski County), the property is described as unrestricted in the public remarks. The property is identified under zoning R-1, and the site’s creek frontage provides the core outdoor feature and setting.
With waterfront access and a newly constructed barn designed for easy loading and flexible interior planning, the property is a strong fit for buyers seeking a private retreat or a property that can serve both outdoor use and day-to-day storage or work needs. Those looking to build a custom home or create a weekend recreational setup will also appreciate that the improvements are already in place to support planning and use immediately after closing. Interested parties should review local zoning and any applicable requirements for their intended use.
Located at 801 Farmer Woodall Road in Somerset, Kentucky (Pulaski County), the property is described as unrestricted in the public remarks. The property is identified under zoning R-1, and the site’s creek frontage provides the core outdoor feature and setting.
With waterfront access and a newly constructed barn designed for easy loading and flexible interior planning, the property is a strong fit for buyers seeking a private retreat or a property that can serve both outdoor use and day-to-day storage or work needs. Those looking to build a custom home or create a weekend recreational setup will also appreciate that the improvements are already in place to support planning and use immediately after closing. Interested parties should review local zoning and any applicable requirements for their intended use.
Key Highlights
- 5.38‑acre tract with approximately 900 ft of frontage on Buck Creek
- Ownership extends to the center of Buck Creek
- Unrestricted property
Financial Insights For Industrial
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 | $16.7k | $6.96 |
| − Vacancy | −$1.3k | −$0.52 |
| EGI | $15.5k | $6.44 |
| − OpEx | −$4.6k | −$1.93 |
| NOI | $10.8k | $4.51 |
2,400 SF · lease $6.96/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$245.2K
$214.6K – $286.1K
NOI $17,166 @ 7.0% cap · market cap 13.21%
Second Best
Industrial
$154.5K
$135.2K – $180.3K
NOI $10,816 @ 7.0% cap · market cap 8.33%
Theoretical Best
Specialty Retail
$408.9K
$357.8K – $477.0K
NOI $28,621 @ 7.0% cap · market cap 22.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Waterfront Land - 5.38-acre Buck Creek tract with 900 feet frontage and new 40x60 pole barn for water-adjacent recreational or workspace use.
Where is this waterfront land located?
The property is located at 801 Farmer Woodall Road Somerset, KY.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 5.38‑acre tract with approximately 900 ft of frontage on Buck Creek; Ownership extends to the center of Buck Creek; Unrestricted property
