$595,900
PENDING $39K PRICE DROP

799 S Highway 27 Somerset, KY 42501

Estimated payment $3,607/month

Total Views 6
0.43 Acre
$1,385,814 Price per Acre
18,731 Sq Ft Lot

About This Lot

Investment Opportunity!! Location, Location, Location!! Land and building, not the business. Located on Somerset's South Hwy 27, offering great visibility, this property is now home to Wasabi Japanese and Mexican Cuisine. Built in 2008, over 2900 square feet. 2 HVAC units, security system, 1 large kitchen, refrigerated room, large dining room. This opportunity is not easy to duplicate ! Prime commercial property , established business with tenant who wishes to remain . Roof was replaced in fall of 2021 along with siding , If you are looking for the right investment in a growing community , this is definitely one you should schedule to see .

Listing Agent

Sue Thompson

WEICHERT REALTORS - Ford Brothers License #221308 Listed on: 09/21/2024

WEICHERT REALTORS - Ford Brothers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,515

Lot Details

  • 0.43 Acre Lot
  • Zoning described as Commercial B2

Community Details

  • Commercial Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061-5-1-12

Property Details

Property Type

Land

Est. Annual Taxes

$5,515

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 0.43

Exterior Features

  • List Price: 595900.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18730.82
  • Parcel Number: 061-5-1-12
  • Zoning Description: Commercial B2

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,515 $475,000 $475,000 $0
2024 $1,196 $475,000 $475,000 $0
2023 $1,238 $475,000 $475,000 $0
2022 $1,262 $475,000 $475,000 $0
2021 $1,325 $475,000 $475,000 $0
2020 $1,342 $475,000 $475,000 $0
2019 $1,359 $475,000 $475,000 $0
2018 $1,351 $475,000 $475,000 $0
2017 $1,349 $475,000 $475,000 $0
2016 $1,349 $475,000 $475,000 $0
2015 $1,347 $475,000 $475,000 $0
2014 $1,340 $475,000 $475,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2025 01/08/25 Pending -- -- --
09/21/2024 09/21/24 For Sale $595,900 0.0% --
09/18/2024 09/18/24 Off Market $595,900 -- --
07/01/2024 07/01/24 Price Changed $595,900 -6.2% --
03/19/2024 03/19/24 For Sale $635,000 0.0% --
03/17/2024 03/17/24 Off Market $635,000 -- --
09/18/2023 09/18/23 For Sale $635,000 0.0% --
09/16/2023 09/16/23 Off Market $635,000 -- --
09/16/2022 09/16/22 For Sale $635,000 0.0% --
08/25/2022 08/25/22 Off Market $635,000 -- --
05/09/2022 05/09/22 Pending -- -- --
08/26/2021 08/26/21 For Sale -- -- --
08/24/2021 08/24/21 Off Market -- -- --
02/28/2021 02/28/21 For Sale $635,000 0.0% --
02/24/2021 02/24/21 Off Market $635,000 -- --
08/29/2020 08/29/20 For Sale $635,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Grant Deed $300,000 --
Source: Public Records

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20017967

ImagineMLS (Bluegrass REALTORS®)

APN: 061-5-1-12