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EXCELLENT INVESTMENT OPPORTUNITY
TBD Somerset Ky, KY 40501
Here is your opportunity to invest in a residential development where the hard part is already out of the way. This up scale development located only seven miles from Buck Creek Dock on beautiful Lake Cumberland already has phase one infrastructure in place and several homes built and occupied. If location is everything then this development has it all. Although secluded, this property is located only feet from a recently constructed by-pass around the city of Somerset, Kentucky. The entry is only three miles from the downtown area. Only seven miles to Buck Creek Dock on Lake Cumberland and only a mile or two more to Burnside Dock also on Lake Cumberland. Another great location feature is proximity to the two major industrial and commercial development parks in the area. Access to I-65 and I-75 is gained via a short drive to the London, Kentucky area to access I-75 and a one and a half hour drive across the Cumberland Parkway to I-65. This development is also only approximately an hour's drive to Lexington, Kentucky. U.S. 27 is a major North-South corridor through the area while KY80 and the Cumberland Parkway are the major East-West routes. The entire area is actually on Lake Cumberland the largest man made lake in terms of miles of shoreline in North America. The Lake Cumberland area is home to a major portion of the Houseboat Manufacturing capacity in the United States with several factories in the region. One of the more interesting developments in the area is the recent opening of Valley Oak Technology Park about five miles from the property. Valley Oak is a high tech industrial park that already has Northstar Technology as a resident. This industrial/commercial park is proclaimed to become a smaller version of Silicon Valley. The spec. buildings in place are equipped with the latest in technological infrastructure and are very attractive to technology companies interested in locating in an area with low crime rates, excellent highways, wonderful recreation opportunities along with outstanding medical services. Speaking of which, the Somerset area is fast becoming a major provider of medical needs in the entire region. Both the Lake Cumberland Regional Hospital and Healthsouth Somerset Surgery Center are located in Somerset. Some of the new homes in this residential development are owned by local doctors. This development features beautiful executive home sites ranging from two-five acres. Real country living with a mountain view yet close to everything. Mostly underground utilities and a heated entrance for easy winter access. The owners would consider selling the entire property or the possibility of a partnership arrangement. Demographic information and a plat of the property are available by contacting our office. Give us a call at 1.877.286.3140 or email at dsweeneyky@kih.net
Detail
Price >> $1,249,900
Residential Development Land
Size >> 110 Acre(s)
Lot#: 16017-40920
 
County
Pulaski 
 
Community
 
 
Lot Ammenities
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Community Ammenities
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Unique Ammenities
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Presented By
United Country - Country Living Specialists Inc.
United Country - Country Living Specialists Inc. United Country
245 WALLACE WILKINSON BLVD STE2
Liberty, KY 42539

Phone: (606) 787-8391




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