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Prime Commercial Property - Somerset, Ky - 7.5+/- Acres (In Tracts) & Commercial Building at Absolute Live/Online Auction

914 & South 27 Intersection Somerset, KY 42501

Auction Information Register Here

10/30 01:59PM: 90 SECOND WARNING.

10/30 01:58PM: Bidder 62 places bid of $1,050,000.00 on Tract 1,2,3,4,5

10/30 01:57PM: TWO MINUTE WARNING.

10/30 01:56PM: Bidder 62 places bid of $1,040,000.00 on Tract 1,2,3,4,5

10/30 01:54PM: Bidder 523 places bid of $363,000.00 on Tract 5

10/30 01:51PM: Bidder 54 places bid of $346,000.00 on Tract 1,2,3

10/30 01:49PM: Bidder 51 places bid of $825,000.00 on Tract 1,2,3,4,5

10/30 01:49PM: Bidder 54 places bid of $331,000.00 on Tract 1,2,3

10/30 01:49PM: Bidder 51 places bid of $810,000.00 on Tract 1,2,3,4,5

10/30 01:48PM: Bidder 54 places bid of $321,000.00 on Tract 1,2,3

10/30 01:46PM: Bidder 51 places bid of $800,000.00 on Tract 1,2,3,4,5

10/30 01:45PM: Bidder 67 places bid of $201,000.00 on Tract 3,4

10/30 01:44PM: Bidder 54 places bid of $80,000.00 on Tract 3

10/30 01:44PM: Bidder 54 places bid of $80,000.00 on Tract 2

10/30 01:43PM: Bidder 52 places bid of $105,000.00 on Tract 1

10/30 01:41PM: Bidder 52 places bid of $120,000.00 on Tract 4

10/30 01:40PM: Bidder 58 places bid of $360,000.00 on Tract 5

10/30 01:37PM: GREAT COMMERCIAL LOCATION AT AUCTION TODAY!

10/30 01:37PM: PROPERTY IS BEING SOLD IN ITS AS-IS CONDITION, WHERE-IS CONDITION.

10/30 01:36PM: 10% AUCTION PREMIUM.

10/30 01:36PM: COMBINATIONS WILL BE ENABLED IN THE 2ND ROUND OF BIDDING.

10/30 01:35PM: THIS IS A LIVE AUCTION. THIS IS A MULTI-PARCEL AUCTION.

10/30 01:35PM: $1,000 MIN. BID INCREMENTS.

10/30 01:35PM: THIS PROPERTY IS NOT CURRENTLY IN THE CITY OR SUBJECT TO ANY CITY ZONING.

10/30 01:35PM: CITY UTILITIES IS NEARBY.

10/30 01:34PM: Bidder 523 places bid of $28,000.00 on Tract 4

10/30 01:34PM: POSSESSION WILL BE LANDLORD POSSESSION. THE BUILDING IS CURRENTLY LEASED, MONTH TO MONTH. ALSO THE BILLBOARD ON THE PROPERTY IS SUBJECT TO LEASE.

10/30 01:33PM: INSURANCE IS THE BUYERS OBLIGATION AT CLOSING.

10/30 01:33PM: TAXES ARE PRORATED FOR 2026.

10/30 01:33PM: 10% DEPOSIT, BALANCE DUE IN 45 DAYS.

10/30 01:32PM: Bidder 508 places bid of $26,000.00 on Tract 4

10/30 01:31PM: AUCTION IS STARTING ONLINE AND IN-PERSON, MOMENTARILY.

10/30 01:28PM: Bidder 526 places bid of $150,000.00 on Tract 5

10/30 01:03PM: Bidder 523 places bid of $125,000.00 on Tract 5

10/30 01:03PM: Bidder 523 places bid of $25,000.00 on Tract 4

10/30 12:39PM: Bidder 508 places bid of $16,000.00 on Tract 4

10/30 11:42AM: Bidder 533 places bid of $15,000.00 on Tract 4

10/30 10:41AM: Bidder 533 places bid of $35,000.00 on Tract 1

10/30 10:41AM: Bidder 533 places bid of $35,000.00 on Tract 2

10/30 10:41AM: Bidder 533 places bid of $35,000.00 on Tract 3

10/30 10:37AM: Bidder 508 places bid of $14,000.00 on Tract 4

10/30 10:36AM: Bidder 532 places bid of $13,000.00 on Tract 4

10/30 10:36AM: Bidder 504 places bid of $26,000.00 on Tract 2

10/30 10:35AM: Bidder 504 places bid of $31,000.00 on Tract 1

10/29 09:28PM: Bidder 508 places bid of $12,000.00 on Tract 4

10/29 08:19PM: Bidder 528 places bid of $11,000.00 on Tract 4

10/29 08:19PM: Bidder 528 places bid of $21,000.00 on Tract 3

10/29 05:09PM: Bidder 526 places bid of $10,000.00 on Tract 4

10/29 05:09PM: Bidder 526 places bid of $20,000.00 on Tract 3

10/29 05:09PM: Bidder 526 places bid of $25,000.00 on Tract 2

10/29 05:08PM: Bidder 526 places bid of $30,000.00 on Tract 1

10/29 05:08PM: Bidder 526 places bid of $100,000.00 on Tract 5

10/29 01:52PM: Bidder 504 places bid of $19,000.00 on Tract 5

10/29 01:00PM: Bidder 525 places bid of $18,000.00 on Tract 5

10/29 12:00AM: Bidder 524 places bid of $4,000.00 on Tract 4

10/29 12:00AM: Bidder 524 places bid of $17,000.00 on Tract 5

10/28 06:14PM: Bidder 504 places bid of $3,000.00 on Tract 4

10/28 06:13PM: Bidder 504 places bid of $16,000.00 on Tract 5

10/28 09:55AM: Bidder 507 places bid of $10,000.00 on Tract 2

10/28 09:55AM: Bidder 507 places bid of $15,000.00 on Tract 5

10/28 07:43AM: Bidder 522 places bid of $2,000.00 on Tract 2

10/28 07:42AM: Bidder 522 places bid of $2,000.00 on Tract 3

10/28 07:41AM: Bidder 522 places bid of $11,000.00 on Tract 5

10/26 12:27PM: Bidder 504 places bid of $10,000.00 on Tract 5

10/24 04:40PM: Bidder 508 places bid of $9,000.00 on Tract 5

10/23 04:13PM: Bidder 508 places bid of $2,000.00 on Tract 4

10/23 04:12PM: Bidder 508 places bid of $8,000.00 on Tract 5

10/22 12:23PM: Bidder 504 places bid of $7,000.00 on Tract 5

10/21 08:55PM: Bidder 504 places bid of $6,000.00 on Tract 5

10/21 08:52PM: Bidder 504 places bid of $5,000.00 on Tract 5

10/21 08:52PM: Bidder 504 places bid of $4,000.00 on Tract 5

10/21 11:06AM: Bidder 507 places bid of $20,000.00 on Tract 1

10/20 10:26PM: Bidder 508 places bid of $2,000.00 on Tract 1

10/20 10:24PM: Bidder 508 places bid of $3,000.00 on Tract 5

10/20 05:00PM: Bidder 517 places bid of $2,000.00 on Tract 5

10/20 03:06PM: Bidder 514 places bid of $1,000.00 on Tract 5

10/20 03:05PM: Bidder 514 places bid of $1,000.00 on Tract 4

10/20 11:00AM: Bidder 515 places bid of $1,000.00 on Tract 2

10/20 11:00AM: Bidder 515 places bid of $1,000.00 on Tract 1

10/20 11:00AM: Bidder 515 places bid of $1,000.00 on Tract 3

CLOSED

Only individual or entirety bids are allowed

  • Selected

    Tract 1

    Tract #1 - 1.0 +/- Acres

    Occupying the prominent corner of the property, this tract offers outstanding visibility at the intersection of two major highways. Its corner position makes it an attractive opportunity for buyers seeking strong exposure for a future commercial venture, subject to applicable approvals.

  • Selected

    Tract 2

    Tract 2 - 1.15 +/- Acres

    This commercial tract offers an opportunity to establish a presence in a highly visible commercial location. With access provided by the 30-foot-wide easement through the property, it presents possibilities for future business use or long-term investment, subject to applicable approvals.

  • Selected

    Tract 3

    Tract 3 - 1.19 +/- Acres

    Featuring an existing gravel parking area, this tract offers usable outdoor space in a prime commercial setting. Access is provided by the 30-foot-wide easement, making it an appealing consideration for future commercial use or additional space to complement an adjoining tract, subject to applicable approvals.

  • Selected

    Tract 4

    Tract 4 - 1.96 +/- Acres

    Adjoining the tract containing the commercial building, this parcel features gravel parking and driveway areas, including a drive that extends behind the building and through this tract. Its size and position offer opportunities for future commercial use or additional parking and operational space when purchased with the building tract, subject to applicable approvals.

  • Selected

    Tract 5

    Tract 5 - Commercial Building & 1.78 +/- Acres

    This tract includes the established auto auction building, featuring a drive-through auction lane, an interior seating and vehicle-viewing area, offices, public restrooms, and a kitchen/concession area. A garage and workshop area on the left side provides space for vehicle service, repair, and related activities. Gravel parking and driveway areas complement the building, with access provided by the 30-foot-wide easement. The building is currently under lease, and future use or occupancy will be subject to the existing lease terms and applicable approvals.

  • Bidder
    Tracts
    Bid
  • 62
    1,2,3,4,5
    $1,050,000
    Calculate
  • Calculate
  • Bidder
    Tracts
    Bid
  • 62
    1,2,3,4,5
    $1,050,000
    Calculate
  • 62
    1,2,3,4,5
    $1,040,000
    Calculate
  • 523
    5
    $363,000
    Calculate
  • 54
    1,2,3
    $346,000
    Calculate
  • 51
    1,2,3,4,5
    $825,000
    Calculate
  • 54
    1,2,3
    $331,000
    Calculate
  • 51
    1,2,3,4,5
    $810,000
    Calculate
  • 54
    1,2,3
    $321,000
    Calculate
  • 51
    1,2,3,4,5
    $800,000
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  • 67
    3,4
    $201,000
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  • 54
    3
    $80,000
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  • 54
    2
    $80,000
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  • 52
    1
    $105,000
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  • 52
    4
    $120,000
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  • 58
    5
    $360,000
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  • 523
    4
    $28,000
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  • 508
    4
    $26,000
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  • 526
    5
    $150,000
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  • 523
    5
    $125,000
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  • 523
    4
    $25,000
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  • 508
    4
    $16,000
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  • 533
    4
    $15,000
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  • 533
    1
    $35,000
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  • 533
    2
    $35,000
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  • 533
    3
    $35,000
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  • 508
    4
    $14,000
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  • 532
    4
    $13,000
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  • 504
    2
    $26,000
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  • 504
    1
    $31,000
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  • 508
    4
    $12,000
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  • 528
    4
    $11,000
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  • 528
    3
    $21,000
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  • 526
    4
    $10,000
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  • 526
    3
    $20,000
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  • 526
    2
    $25,000
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  • 526
    1
    $30,000
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  • 526
    5
    $100,000
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  • 504
    5
    $19,000
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  • 525
    5
    $18,000
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  • 524
    4
    $4,000
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  • 524
    5
    $17,000
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  • 504
    4
    $3,000
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  • 504
    5
    $16,000
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  • 507
    2
    $10,000
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  • 507
    5
    $15,000
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  • 522
    2
    $2,000
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  • 522
    3
    $2,000
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  • 522
    5
    $11,000
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  • 504
    5
    $10,000
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  • 508
    5
    $9,000
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  • 508
    4
    $2,000
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  • 508
    5
    $8,000
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  • 504
    5
    $7,000
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  • 504
    5
    $6,000
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  • 504
    5
    $5,000
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  • 504
    5
    $4,000
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  • 507
    1
    $20,000
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  • 508
    1
    $2,000
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  • 508
    5
    $3,000
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  • 517
    5
    $2,000
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  • 514
    5
    $1,000
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  • 514
    4
    $1,000
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  • 515
    2
    $1,000
    Calculate
  • 515
    1
    $1,000
    Calculate
  • 515
    3
    $1,000
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Live Stream Muted

  • 1

    Tract #1 - 1.0 +/- Acres

    Occupying the prominent corner of the property, this tract offers outstanding visibility at the intersection of two major highways. Its corner position makes it an attractive opportunity for buyers seeking strong exposure for a future commercial venture, subject to applicable approvals.

  • 2

    Tract 2 - 1.15 +/- Acres

    This commercial tract offers an opportunity to establish a presence in a highly visible commercial location. With access provided by the 30-foot-wide easement through the property, it presents possibilities for future business use or long-term investment, subject to applicable approvals.

  • 3

    Tract 3 - 1.19 +/- Acres

    Featuring an existing gravel parking area, this tract offers usable outdoor space in a prime commercial setting. Access is provided by the 30-foot-wide easement, making it an appealing consideration for future commercial use or additional space to complement an adjoining tract, subject to applicable approvals.

  • 4

    Tract 4 - 1.96 +/- Acres

    Adjoining the tract containing the commercial building, this parcel features gravel parking and driveway areas, including a drive that extends behind the building and through this tract. Its size and position offer opportunities for future commercial use or additional parking and operational space when purchased with the building tract, subject to applicable approvals.

  • 5

    Tract 5 - Commercial Building & 1.78 +/- Acres

    This tract includes the established auto auction building, featuring a drive-through auction lane, an interior seating and vehicle-viewing area, offices, public restrooms, and a kitchen/concession area. A garage and workshop area on the left side provides space for vehicle service, repair, and related activities. Gravel parking and driveway areas complement the building, with access provided by the 30-foot-wide easement. The building is currently under lease, and future use or occupancy will be subject to the existing lease terms and applicable approvals.

    • Selected Tracts:

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