5339 S Highway 27 Somerset, KY 42501
Estimated payment $2,329/month
About This Lot
Prime Commercial Lot with Dual Highway Frontage - Heart of Somerset, KY Near Lake Cumberland
Unlock the potential of this .51-acre commercial lot strategically located in the thriving city of Somerset, Kentucky, just minutes from the shores of Lake Cumberland, one of the region's premier recreational destinations.
This high-visibility property boasts dual road frontage—with exposure on both Hwy 27 and Old Monticello Street, providing unmatched access and signage opportunities. With two entry points into the lot and a prominent location directly across from the planned Horse Soldier Distillery property, this site is perfectly positioned for retail, hospitality, or professional development.
Key features include:
.51 acres of level, buildable land
City water and city sewer available
Excellent access via Hwy 27 and Old Monticello St.
High traffic count and strong visibility
Somerset is a dynamic and growing community known for its welcoming atmosphere, business-friendly leadership, and year-round tourism. With Lake Cumberland drawing millions of visitors annually, and continued investments in infrastructure and development.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,850
Lot Details
- 0.51 Acre Lot
- Zoning described as Commercial
Community Details
- Somerset City Subdivision
Listing and Financial Details
- Assessor Parcel Number 063-2-1-02.2
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 | $1,850 | $250,000 | $250,000 | $0 |
| 2023 | $1,712 | $220,000 | $220,000 | $0 |
| 2022 | $1,736 | $220,000 | $220,000 | $0 |
| 2021 | $1,808 | $220,000 | $220,000 | $0 |
| 2020 | $1,821 | $220,000 | $220,000 | $0 |
| 2019 | $1,881 | $220,000 | $220,000 | $0 |
| 2018 | $1,851 | $220,000 | $220,000 | $0 |
| 2017 | $1,815 | $220,000 | $220,000 | $0 |
| 2016 | $1,815 | $220,000 | $220,000 | $0 |
| 2015 | $1,774 | $220,000 | $220,000 | $0 |
| 2014 | $1,727 | $220,000 | $220,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | For Sale | $400,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $220,000 | -- |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25013432
APN: 063-2-1-02.2
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