114AC Sam Jones Road Somerset, KY $ 5,700,000
114AC Sam Jones Road
$ 5,700,000
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114AC Sam Jones Road

Somerset, KY, 42501
$ 5,700,000
Baths0.0

Monthly Estimate*

$ 35,096

114AC Sam Jones Road, Somerset, KY 42501 - Image 1
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Studio

Farms/Ranches for sale in Somerset, KY

for $5,700,000. The lot size is 114.

Prime Development Opportunity - 114+/- Acres Adjacent to Lake Cumberland Regional Hospital and MedPark West This exceptional 114+/- acre parcel (approximately 4.9 million square feet) represents a premier development site in Somerset, Kentucky, directly contiguous with the established MedPark West medical campus and in close proximity to Lake Cumberland Regional Hospital (a 295-bed acute care facility) and the Somerset VA Clinic. The property is ideally positioned to capitalize on the growing healthcare corridor and supporting demand from medical professionals, visitors, patients, and staff. Key development opportunities include: * AI Data Center or technology infrastructure * Distribution / logistics warehouse * Single-family residential community * Multifamily apartments or mixed-use residential * Hospitality (hotel or extended-stay accommodations) to serve MedPark visitors and regional travelers Strategic Advantages Northern portion directly adjoins existing MedPark development, ensuring seamless integration with the medical and professional ecosystem. Only 11 acres lie within city limits, offering flexibility in zoning and development approvals. Proximity to the South Kentucky Rural Electric Cooperative Corporation (South Kentucky RECC) infrastructure, which is expanding capacity—including planned natural gas boilers capable of rapidly responding to significant load increases—supports high-demand users such as data centers or large-scale facilities. This site stands out as one of the top locations in Somerset for multifamily apartment development, particularly with ample space for complementary convenience retail, amenity pads, or outparcels that can be subdivided and sold separately. The convenience to healthcare services, employment centers, and regional amenities positions the property to attract younger renters and professionals seeking modern, accessible housing options. For additional details, or to schedule a site visit, please contact me directly to discuss this outstanding opportunity further. Ron Gibson, 480.221.3717.

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Farms/Ranches Active

Price

$ 5,700,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 0

Style

Farm

Lot Size

114

Town/City

Somerset

County/Region

Pulaski

MLS | Web ID

23008789

Features
General
Sewer None
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Water Available
Zoning AR
View Neighborhood Suburban
Topography Gentle Sloping Wooded Cleared
Property Subtype Farm
Current Use Development Pasture Commercial
Parcel Number 061-2-2-72
County Pulaski
New Construction N
Property Type Farm
Subdivision Name Northeast-Pulaski
Possible Use Residential Industrial Commercial
Garage Y/N N
Total Rooms 0
Status Active
Directions Proceed from the intersection of US 27 and Oak Hill Road proceed West on Oak Hill Road to Sam Jones Road. Turn Right at Sam Jones Road proceed to gate at the entrance to the property.
City Somerset
MLS Area 905 - Northeast Pulaski County
Lot Size Units Acres
Lot Size Square Feet 4965840.0
Land Lease Y/N N
MLS Area Minor 905 - Northeast Pulaski County
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Fencing Wire
Lot Features Wooded Cleared Gentle Sloping
Water Source Pond(s)
Lot Size Area 114.0
Building Area Total 0.0
Lot Dimensions 114 Acres
Lot Size Acres 114.0
Lot Size Source Assessor
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 114
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* Excluded Features
List By
Godby Realty & Auction

Broker

ron@gkgcommercial.com

Email

Affordability Calculator

$35,096
Per Month
100%
0%
0%
Monthly Principal & Interest
$35,096
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2023$4,902,000 Listed Price

Map


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114AC Sam Jones Road, Somerset, KY, 42501 is a Farms/Ranches for sale at $5,700,000 with a lot size of 114. 114AC Sam Jones Road is a studio with 0.0 baths. The property's zip code is 42501 which is in Somerset, KY