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Frankfort, KY Commercial Investment
For Sale
$2,565,000

3 HMB Circle, Frankfort, KY 40601

COMMERCIAL - Frankfort, KY

Property Size20,830 SF
Lot Size1.49 Acres
Price / SF$123.14
Days on Market324

Property Features for 3 HMB Circle

General Information

Property type Commercial Sale
Property subtype Office
Zoning description PO
Rooms Basement
Subdivision Commercial
Directions US 460 turn right on Equine Way then take a left onto HMB Circle building is on the left hand side. You will see the sign out-front.
Standard status Active
APN 085-00-00-011.05
Size 20,830 SF
Lot size 1.49 Acres

Utilities

Utilities Water Available
Sewer type Public Sewer

Building Details

Year built 1994
Floors in Building 2
Building materials Brick, Stucco
Roof type Composition
Listing Agency: CENTURY 21 Commonwealth R E
Listed By: Danny R Willis · License #180234
Added: Sep 10, 2025 Changed: May 14 Last Checked: Jul 30 at 11:06PM
MLS# 25500918

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial property in Frankfort, Kentucky, presents an investment opportunity with four years remaining on a triple net lease. The lease generates an annual gross income of $250,000. The tenant has the option to renew for two additional three-year terms. The property encompasses 20,830 square feet and is situated on a 1.49-acre lot.

Key Highlights

  • Great investment opportunity with current triple net lease in place.
  • Annual gross income of $250,000.
  • Lease has two remaining 3‑year renewal options.

Property Analytics

Current Use

HMB Professional Engineers, ... Engineer Stopper Bryan Engineer

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Auto Repair Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - NNN leased commercial property with income and renewal options.
Where is this office building located?
The property is located at 3 HMB Circle Frankfort, KY.
What is the asking price?
The asking price for this property is $2,565,000.
What are key features of this property?
This property features: Great investment opportunity with current triple net lease in place.; Annual gross income of $250,000.; Lease has two remaining 3‑year renewal options.
More about this property
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