Tract 2 Makena Dr Somerset, KY 42503
This exceptional 1.25-acre commercial land parcel presents a rare investment opportunity in Somerset, Kentucky. Strategically located on South Highway 27, this property boasts unparalleled visibility and accessibility, with 29,335 vehicles passing daily. Situated within the thriving Makena Development, it benefits from proximity to numerous established retailers and restaurants, including Chick-fil-A, Chili's, Starbucks, Popeye's, Lowe's, Walmart, and Goodwill. The site offers multiple points of ingress and egress, including a signalized intersection at Makena Drive and a convenient right-in/right-out access. Cross-parking with Goodwill further enhances convenience. All utilities are available on-site, and off-site retention is in place. The property's high visibility and convenient location make it ideal for a variety of retail, restaurant, banking, or medical office uses. Zoned for commercial development, this 1.25-acre lot is priced at $1,500,000 and represents a significant opportunity for growth and return on investment in a rapidly developing area of Pulaski County, Kentucky, zip code 42503. The address is Makena Drive, Tract 2.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.