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Property profile & analytics
OFF-MARKET
Land

60 Mercury Blvd Somerset, KY 42503

1.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.28-acre commercial land parcel presents a remarkable investment opportunity in Somerset, Kentucky. Located at 60 Mercury Blvd, this property boasts a highly desirable location, offering excellent visibility and accessibility. Its proximity to Somerset Cinemas and Somerset Mall ensures high traffic volume and significant foot traffic, making it ideal for a variety of commercial ventures. The property is zoned for commercial use (zoning information should be independently verified). The asking price is $475,000. This versatile property offers flexibility for potential buyers or lessees. Development options include building to suit, allowing for customized construction to meet specific business needs. The parcel's size provides ample space for a range of commercial projects, from retail establishments to office buildings or other suitable commercial uses. The property's address is 60 Mercury Blvd, Somerset, KY 42503. The APN is 062-3-1-60. Serious inquiries are encouraged to explore the possibilities this prime location offers. This is a rare opportunity to acquire a strategically located commercial land parcel in a thriving Kentucky community. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use.

Property profile
Verified
Property type Land
Lot 1.28 ac (55,757 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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