1084 S Highway 27 Somerset, KY 42501
Estimated payment $14,904/month
About This Lot
Prime 2.2-Acre Commercial Opportunity on Somerset's Busiest Highway
Strategically positioned on Highway 27—the most heavily traveled road in Somerset—this 2.2-acre commercial tract boasts a massive 25,000± sq ft building with exceptional visibility and access. Surrounded by high-traffic anchors such as Walmart, Lowe's, major car dealerships, restaurants, and the regional hospital, this location offers unmatched exposure and convenience.
Zoned for commercial use and equipped with sewer and natural gas, the site is ideal for a variety of ventures including entertainment, retail, medical, or distribution operations. The existing structure can be repurposed or removed to suit redevelopment needs. The property features expansive parking and easy ingress/egress, with ample room for large truck circulation. The building can be removed for a blank canvas.
This is a rare opportunity to establish your business in the heart of Somerset's commercial district with traffic counts and surrounding synergy that are hard to beat.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,022
Lot Details
- 2.2 Acre Lot
- Zoning described as Commercial
Community Details
- Rural Subdivision
Listing and Financial Details
- Assessor Parcel Number 061-5-1-43
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,022 | $1,200,000 | $1,200,000 | $0 |
| 2023 | $3,128 | $1,200,000 | $1,200,000 | $0 |
| 2022 | $3,187 | $1,200,000 | $1,200,000 | $0 |
| 2021 | $3,348 | $1,200,000 | $1,200,000 | $0 |
| 2020 | $3,390 | $1,200,000 | $1,200,000 | $0 |
| 2019 | $3,432 | $1,200,000 | $1,200,000 | $0 |
| 2018 | $3,414 | $1,200,000 | $1,200,000 | $0 |
| 2017 | $3,408 | $1,200,000 | $1,200,000 | $0 |
| 2016 | $3,408 | $1,200,000 | $1,200,000 | $0 |
| 2015 | $3,402 | $1,200,000 | $1,200,000 | $0 |
| 2014 | $3,384 | $1,200,000 | $1,200,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $2,750,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,200,000 | -- |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25014938
APN: 061-5-1-43
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.
- 9,10,11,12 Union St
- 799 S Highway 27
- Lot 5 Wayman's Way
- 22.65 AC S Hwy 27 St
- 202 Debbie Ln
- 114AC Sam Jones Dr
- 3 Oxford Way
- 400 Oak Hill Rd
- 315 Langdon St
- 1695 S Highway 27
- 76 Thannoli Dr
- 134 Jacksboro St
- 105 White St
- 526 S Main St
- 223 Jacksboro St
- 227 Jacksboro St
- 341 Langdon St
- 144 Bogle Office Park Dr
- 213 Waddle St
- 117 Todd St
- 200 Jacksboro St
- 709 W Columbia St
- 115 N Central Ave
- 406 N Main St
- 113 College St
- 11 Midland Meadow
- 323 Randolph St
- 50 Faith Ct
- 1633 Kentucky 1247 Unit B
- 1611 Kentucky 1247 Unit C
- 1611 Kentucky 1247 Unit B
- 1611 Kentucky 1247 Unit A
- 1613 Kentucky 1247 Unit B
- 88 Saint Annes Ct
- B2 Nasim Way Unit 10
- 386 Parkers Mill Way
- 81 Lee's Ford Dock Rd Unit 8
- 81 Lee's Ford Dock Rd
- 51 Lee's Ford Dock Rd Unit 104
- 5340 Beechwood Dr Unit 2