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Property profile & analytics
OFF-MARKET
Land

5785 Highway 27 Somerset, KY 42503

1.92 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.92-acre commercial lot, located at 5785 S Hwy 27 in Somerset, Kentucky (APN 063-2-1-33), offers unparalleled potential. Boasting breathtaking 180-degree lake views of Lake Cumberland, this property presents a rare opportunity for developers seeking a prime location for various commercial ventures. The asking price is $949,000. Its ideal setting makes it perfect for a restaurant, hotel, bar, or similar establishment, capitalizing on the stunning scenery and high tourism traffic associated with Lake Cumberland. The property's size and visibility ensure high impact and accessibility. While currently 1.92 acres, there's an option to combine this lot with an adjacent tract, expanding the total acreage to 3.72 acres and providing even greater development possibilities. This combined acreage would offer significant lakefront property, further enhancing the value and appeal of the combined parcels. The Pulaski County location provides easy access to local amenities and attractions, making it an attractive destination for businesses and customers alike. Don't miss this chance to secure a truly exceptional commercial property in a highly desirable location. Act quickly, as opportunities like this are seldom available.

Property profile
Verified
Property type Land
Lot 1.92 ac (83,635 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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