1084 S Highway 27 Somerset, KY 42501
Estimated payment $14,902/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
- $13,932
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 |
|---|---|---|---|---|
| 2025 | $13,932 | $1,200,000 | $1,200,000 | $0 |
| 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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | Price Changed | $2,620,000 | -4.7% | -- |
| 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
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