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    2 Colston Ln Frankfort, KY 40601

    For Sale
    $350,000

    LAND - Frankfort, KY

    Lot size:
    10.45 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 10 at 3:06 pm

    Property Features for 2 Colston Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    093-00-00-003.00 - 2 (10.45 ac +/-)
    Lot size
    10.45 Acres

    Utilities

    Utilities
    Water Available

    Capital Realty and Investments 2235500

    Listing agent Richard A Browning (502) 223-5500

    Listing date Nov 2, 2025

    MLS# 25505085 Listing URL

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    10.45 Acre Building Lot

    This 10.45-acre building lot is located near Elkhorn Creek, approximately 2 miles outside the urban service boundary of Frankfort and within 5 to 10 minutes of downtown. The land features rolling terrain with buildable areas near the road and overlooking Elkhorn Creek, while remaining outside the flood plain. Restrictions limit construction to a minimum of 2500 square foot conventional 'stick built' residences. One shop building with a minimum 8/12 roof pitch is also permitted. Underground utilities are required. The property offers views in every direction.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.801562
    Latitude
    38.227935

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    FAQs

    What type of property is this?
    Land - Beautiful Frankfort building lot with Elkhorn Creek views.
    Where is this land located?
    The property is located at 2 Colston Ln Frankfort, KY.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Large 10.45 acre building lot.; - Overlooks Elkhorn Creek with excellent views.; - Conveniently located 5-10 minutes from downtown Frankfort.
    (502) 223-5500
    Request Owner's contact information
    2 Colston Ln Frankfort, KY 40601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Colston Ln Frankfort, KY 40601
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