Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    480 University Dr Somerset, KY 42503
    Back to Search
    Property profile & analytics

    480 University Dr, Somerset, KY 42503

    View on Map

    • Warehouses
    • 267,079 SF
    • 8.26 lot acres
    Warehouse Space Near Downtown Somerset For Sale
    $4,260,000
    6,000 SF

    Warehouse Space Near Downtown Somerset

    6000 sqft warehouse in good condition, convenient location.

    480 University Drive Unit 10, Somerset, KY 42503
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Somerset Warehouse & Commerce Park / Warehouse & Storage
    • Phoenix Preferred Care / Crisis Center / Medical Clinic
    • Hartmann Marine Group / (Bike/Boat/Book/etc) Store
    • Patriot Commodities / Building Supply / Hardware & Home Improvement
    • 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 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 Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $7,050,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    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
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message