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Property profile & analytics
OFF-MARKET
Land

61 Sommerville Rd Franklin, KY 42134

4.39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.39-acre commercial land parcel presents a remarkable development opportunity in Franklin, Kentucky. Strategically located just off Interstate 65 Exit 6, this property enjoys high visibility and accessibility within a rapidly growing corridor on the north side of Simpson County. The lot boasts a desirable corner location, providing significant frontage on both Scottsville Road and Somerville Road, ensuring maximum exposure for any future development. Its zoning designation is Commercial - B4, offering flexibility for a wide range of commercial uses. The expansive acreage provides ample space for substantial projects, catering to various business needs. This prime location, combined with its convenient access to Interstate 65, makes this property an ideal investment for businesses seeking high visibility and easy access to major transportation routes. The property's size and location make it suitable for a variety of commercial developments, from retail spaces to office buildings, or potentially a mixed-use project. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering in a thriving Kentucky market. The asking price is $1,149,900. The address is 61 Sommerville Road, Franklin, KY 42134.

Property profile
Verified
Property type Land
Lot 4.39 ac (191,228 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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