55 Norwood Rd Somerset, KY 42503-3915
This exceptional commercial property, located at 55 Norwood Rd in Somerset, Kentucky, presents a unique investment opportunity. The property boasts a total of 8,000 square feet spread across two buildings situated on a 1.44-acre lot (APN: 047-8-0-06.5). Built in 2011, the main building offers 8,000 square feet of versatile space, ideal for a variety of commercial uses. This building includes three offices, two bathrooms, central heating and air conditioning, and gas heaters, along with ample storage space on a second level. The second building, a 4,000 square foot warehouse, features two 14-foot electric garage doors and 18-foot ceilings, providing excellent space for storage or manufacturing. The property is zoned for commercial use and enjoys a high-visibility location between Somerset and Science Hill, ensuring excellent exposure for any business. The asking price for this well-maintained property is $750,000. This is a rare opportunity to acquire a substantial commercial property in a desirable Kentucky location. The property's combination of office and warehouse space makes it suitable for a wide range of businesses. Don't miss this chance to secure a valuable asset in a thriving market.
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Danny's Rod Shop Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.