3 Oxford Way Somerset, KY 42503
- Commercial real estate
- 1.03 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3 Oxford Way
- Lot size
- 1.03 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.03-acre parcel presents a unique investment opportunity in Somerset, Kentucky. Situated on a hospital campus, this property offers unparalleled convenience and visibility, making it perfect for the development of a medical office building or other high-demand rental property. The location provides immediate access to a substantial patient base and a thriving community. All essential utilities are readily available, including sewer, gas, electric, and water connections, simplifying the construction process and minimizing upfront costs. The expansive lot size allows for ample building space and potential for future expansion. This is a rare chance to acquire land in a high-growth area with established infrastructure and significant potential for strong returns. The strategic location on the hospital campus ensures high traffic and visibility, attracting a diverse range of potential tenants. This property is zoned for commercial development and is ready for immediate development. Don't miss this exceptional opportunity to secure a prime piece of real estate in a rapidly developing area of Somerset. The asking price of $250,000 reflects the significant value and potential of this exceptional property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Somerset
- County
- Pulaski
- State
- Kentucky
- Longitude
- -84.6235
- Latitude
- 37.0843
