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    3 Hmb Cir Frankfort, KY 40601

    For Sale
    $2,565,000

    SINGLE_FAMILY - Frankfort, KY

    Type:Office
    Property size:
    20,830 SF
    Lot size:
    1.49 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 3 Hmb Cir

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Basement
    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

    Commonwealth Property Management 5451353

    Listing agent Danny R Willis (502) 226-2121

    Listing date Oct 9, 2025

    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

    Frankfort Kentucky Investment Opportunity

    This property 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 is located in Frankfort, Kentucky, and is situated on a 1.49-acre lot. The building encompasses 20,830 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HMB Professional Engineers, ... Engineer Stopper Bryan Engineer

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Clothing Store Auto Repair Shop Gym & Fitness Accounting Firm Hotel & Motel Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.814568
    Latitude
    38.210321

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    FAQs

    What type of property is this?
    Office building - Triple net lease property with income and renewal options.
    Where is this office building located?
    The property is located at 3 Hmb Cir 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.
    (502) 226-2121
    Request Owner's contact information
    3 Hmb Cir Frankfort, KY 40601
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    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
    3 Hmb Cir Frankfort, KY 40601
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