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Property profile & analytics

480 University Dr, Unit 10 Somerset, KY 42503

  • Warehouses
  • 267,079 SF
  • 8.26 lot acres
Value Estimation
Location Intelligence
Property ID
US34-0725499
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Somerset Warehouse & Commerce Park / Warehouse / Boat Storage Facility
  • Phoenix Preferred Care / Mental Health Service
  • Hartmann Marine Group / Boat Dealer
  • Patriot Commodities / Home Improvement Store
  • Wreckless Motorsports of KY - Somerset / Auto Parts Store

Property Details for 480 University Dr

Year built
1970
Construction
STEEL FRAME
Lot size
8.26 lot acres
Property size
267,079 SF
Property type
Warehouses
APN
060-6-3-01
APU
606301

Description

This 6,000 square foot multi-purpose commercial building is ideally situated in Somerset, Kentucky, directly across from Pulaski County High School. Its prime location ensures high visibility and significant traffic flow, making it perfect for a variety of businesses. The property boasts 2,000 square feet of finished living quarters, featuring beautiful wood finishes, a full bath, a bedroom, an office, a gathering area, and a kitchen equipped with stainless steel appliances. This area offers a unique blend of functionality and comfort. The remaining 4,000 square feet provides extensive space for storage, inventory, display areas, showrooms, or multiple cubicles, catering to diverse business needs. The building offers convenient access with 14-foot roll-up garage doors on both ends, facilitating easy loading and unloading. Blacktop parking is available for both personal and business use. Its strategic location offers easy access to downtown Somerset and major highways including Highway 80, Highway 27, and Highway 461. Furthermore, the property enjoys the added benefit of proximity to recreational amenities, being only 12 minutes away from the lake and Lee's Ford Marina. This versatile property presents a compelling opportunity for businesses seeking a prominent location with ample space and convenient features.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Somerset
County
Pulaski
State
Kentucky
Longitude
-84.6063
Latitude
37.1059
CBSA code
43700
CBSA name
SOMERSET, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$725,000
$3,500,000
$4,225,000
-
$725,000
$3,500,000
$4,225,000
More about this property
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