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.