755 Crane Road, Somerset, KY 42502 (MLS# 1815020)

755 Crane Road, Somerset, KY 42502

$1,200,000

Property Type: Commercial Sale Square Footage: 375,000 Lot Size (sq. ft.): 1,306,801 Status: Closed

Current Price: $1,200,000 List Date: 7/11/2018 Last Modified: 9/03/2025

Overview

Description

The property located in a area characterized by a variety of business including a propane distribution operation, a scrap metal company, a currently out of use coal cleaning operation and a rail transfer park and more. The site is near the busy intersection of KY 914 and KY 1247. The property consist of a parcel of land with 30 acre on which a building of 375,000 sf is situated. It has two rail sidings leading to different part of the building. There is a second building of 2800 sf that is separated form the large building. The large building is segmented in to ten distinct area of various size and ceiling heights, plus an area of 4800 sf which previously served as office space. The site is generally level and include sparking for 250 cars or more. Four overhead doors access eight loading docks. Six other overhead doors provides uncovered ground levels access. To Be sold at Absolute Auction Thur Aug 23rd 2PM. Register at www.goochsell.com

Listing Details MLS# 1815020

Listing Information

Property Sub Type: Industrial

Status Change Information

Price Change Timestamp: 2018-09-18T22:22:25Z
Status Change Timestamp: 2018-09-18
Purchase Contract Date: 2018-07-20
Close Date: 2018-09-18
Close Price: 1200000
Buyer Financing: Conventional
Sale Type: Relocation Sale
Concessions Comments: n/a

Address

County: Pulaski
Street Number: 755
Street Name: Crane
Street Suffix: Road
State: KY
Zip Code: 42502
Parcel Number: 062-7-2-16.3

Contract

Original List Price: 2500000
Start Showing Date: 2018-07-11
Listing Contract Date: 2018-07-11
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 6.67
Sold Price/SqFt: 3.2
SP/LP: 0.48

Tax Legal

Subdivision Name: Rural

Interior

Building Area Total: 375000

More Information

Building

Year Built: 1974
Stories Total: Yes

Lot

Lot Size Acres: 30
Lot Size Square Feet: 1306801.2

Remarks

Public Remarks: The property located in a area characterized by a variety of business including a propane distribution operation, a scrap metal company, a currently out of use coal cleaning operation and a rail transfer park and more. The site is near the busy intersection of KY 914 and KY 1247. The property consist of a parcel of land with 30 acre on which a building of 375,000 sf is situated. It has two rail sidings leading to different part of the building. There is a second building of 2800 sf that is separated form the large building. The large building is segmented in to ten distinct area of various size and ceiling heights, plus an area of 4800 sf which previously served as office space. The site is generally level and include sparking for 250 cars or more. Four overhead doors access eight loading docks. Six other overhead doors provides uncovered ground levels access. To Be sold at Absolute Auction Thur Aug 23rd 2PM. Register at www.goochsell.com

Building and Property Details

Inground Tank YN: No
Railroad Siding YN: Yes
# of Dock Doors: 4
# of Drive-in Doors: 5
Electricity Location: Kentucky Utility
Electricity Phase: 3 phase

Income and Expenses

Gross Income: 400000

Tax & Legal

Tax Rate: 0.95
Zoning Description: Light industrial
Directions: Just 1 1/2 mile from Somerset 914 bypass.

Utilities

Electricity Available: Yes
Natural Gas Connected: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Available: Yes

Construction Materials

Block: Yes
Concrete: Yes

Parking Features

Gravel: Yes
Paved: Yes

Roof

Flat: Yes
Metal: Yes

Security Features

Fire Sprinkler System: Yes

Special Listing Conditions

Auction: Yes
Standard: Yes

Building Features

Concrete Floor: Yes

Business Type

Industrial: Yes
Warehouse: Yes

Ceiling

Open: Yes

Docks

4-10 Docks: Yes
Automatic: Yes
Railroad Dock(s): Yes

Sale Includes

Building(s): Yes
Easements: Yes
Land: Yes
Leases: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Water: Yes

Documents

Survey: Yes

Property Features

Utilities: Electricity Available; Natural Gas Connected; Phone Available; Sewer Connected; Water Available; Electricity Available; Natural Gas Connected; Phone Available; Sewer Connected; Water Available Building Features: Concrete Floor Business Type: Industrial; Warehouse Ceiling: Open Construction Materials: Block; Concrete Docks: 4-10 Docks; Automatic; Railroad Dock(s) Parking Features: Gravel; Paved Roof: Flat; Metal Sale Includes: Building(s); Easements; Land; Leases Security Features: Fire Sprinkler System Special Listing Conditions: Auction; Standard Tenant Pays: Electricity; Gas; Water Documents: Survey

Listing Office: Keller Williams Commonwealth

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.