Listing Agency: No Wake Real Estate

Listed By: Brandon Davis · License #271972 Show Phone

Source: Crexi

Added: Sep 22, 2022 Changed: Sep 11 Last Checked: Sep 13 at 7:46AM

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Investment Insights

Based on property information with market context.

This commercial lot offers 180º views of Lake Cumberland. The property is suitable for restaurants, hotels, bars, or other ventures. An adjacent tract is available, which would create a combined total of 3.72 acres of lakefront property.

Key Highlights

• Sweeping 180º views of Lake Cumberland.
• Premier commercial lot ideal for restaurants, hotels, bars.
• Rare opportunity for a commercial lakeview lot.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Hair Salon Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

159

Businesses Nearby

Explore this area Business Placement

Demographics for 42503, KY

24,670

Population

11,588

Households

2.1

Avg Household Size

42

Median Age

23%

College-Educated

85%

High-School Grad

129.5 sq mi

ZIP Area

191

Density / Sq Mi

$53,377

Median Household Income

$35,319

Median Earnings

$873

Median Rent

$198,500

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Premier commercial lot with sweeping Lake Cumberland views.

Where is this commercial land located?

The property is located at 5785 S Hwy 27 Somerset, KY.

What is the asking price?

The asking price for this property is $939,000.

What are key features of this property?

This property features: Sweeping 180º views of Lake Cumberland.; Premier commercial lot ideal for restaurants, hotels, bars.; Rare opportunity for a commercial lakeview lot.