Property profile

500 Us Hwy Somerset, KY 42503

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional commercial property, located at 500 US Hwy 27 in Somerset, Kentucky, presents a fantastic investment opportunity. Priced at $449,000, this office building boasts over 2,000 square feet of versatile space, ideally situated on a highly visible section of Highway 27. The building's design offers significant flexibility. Two separate front entrances allow for easy division into two independent office suites, each with its own private office spaces. Beyond the private offices, the property includes a convenient conference room, perfect for meetings and collaborations. Adding to the functionality are two reception areas, a well-equipped kitchen, and two bathrooms. The property is classified as both Office and Land, offering potential for future expansion or development. The Pulaski County location, with its zip code 42503, provides excellent access to local amenities and a strong transportation network. This property is ready for immediate occupancy and presents a rare chance to acquire a well-maintained commercial building in a desirable Kentucky location. The building's size and layout make it suitable for a variety of businesses seeking a prominent and functional workspace.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

500 Us Hwy Somerset, KY 42503
Somerset metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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