Property Description

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.

Property Features