500 Us Hwy, Somerset, KY 42503
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.