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Property profile & analytics
OFF-MARKET
Land

Tract 2 Makena Dr Somerset, KY 42503

1.25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.25 ac (54,450 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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