Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    825 Kit Cowan Rd Somerset, KY 42501

    For Sale
    $100,000

    609 Acres, Hwy Access, Utilities

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This expansive 609.84 acre commercial land parcel presents a unique investment opportunity in Pulaski County, Kentucky. Located at 825 Kit Cowan Rd, Somerset, KY 42501 (APN 062-5-5-01), this property boasts convenient access to major transportation routes, situated between Highway 27 and Highway 914 (Southern Bypass). The land is zoned for commercial use, offering significant development potential. City water, gas, and sewer services are readily available on-site. The property's proximity to the Somerset Airport further enhances its appeal. While the entire 609.84 acres is available for purchase for $100,000, there is also the option to purchase smaller parcels. Minimum lot size for sale is 1 acre, priced at $75,000 each. This presents flexibility for various development projects, from large-scale commercial ventures to smaller-scale businesses. The strategic location and readily available utilities make this a highly attractive proposition for investors seeking a substantial land holding with significant development potential in a growing Kentucky market. This is a rare opportunity to acquire a large tract of commercially zoned land with excellent infrastructure in place.

    Property Features for 825 Kit Cowan Rd

    General Information

    Property type
    Land
    Lot Size
    26,564,630,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Coca-Cola Vending Vending Machine Supplier Coca-Cola Bottling Co Beverage Distributor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.6163023
    Latitude
    37.0501547

    Nearby Similar for Sale

    • $2,000,000
      4,122 SF

      Highway 27 Commercial Building

      Versatile commercial building on Highway 27 in Somerset, Kentucky.
      745 Highway 27 S, Somerset, KY 42501
      View Details
    • $750,000
      Pending

      Somerset Office Building For Sale

      Professional office building ideal for medical or dental practices.
      23 Commercial Dr, Somerset, KY 42501
      View Details
    • $600,000
      0.30 Acres

      Historic Building in Downtown Somerset

      Charming historic building with endless possibilities in a prime location.
      400 W Columbia St, Somerset, KY 42501
      View Details
    • $399,000
      6,850 SF

      Highway 80 Commercial Building

      6850 sqft commercial building with high visibility on Highway 80.
      203 Murrell Ave, Somerset, KY 42503
      View Details
    • $250,000
      1,980 SF

      Remodeled Commercial Building in Downtown

      Move-in-ready 1,980 SF commercial building in downtown Somerset, KY.
      117 W Mount Vernon St, Somerset, KY 42501
      View Details
    • $650,000
      0.60 Acres

      Somerset Commercial Property with Restaurant

      Commercial property featuring a restaurant, warehouse, and storage building.
      143 Highway 80 W, Somerset, KY 42503
      View Details

    FAQs

    What type of property is this?
    Land - 609 Acres, Hwy Access, Utilities
    Where is this land located?
    The property is located at 825 Kit Cowan Rd Somerset, KY.
    What is the asking price?
    The asking price for this property is $100,000.
    (606) 305-2699
    Request Owner's contact information
    825 Kit Cowan Rd Somerset, KY 42501
    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.
    825 Kit Cowan Rd
    Somerset, KY 42501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    825 Kit Cowan Rd Somerset, KY 42501
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.