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    4 Physicians Park Frankfort, KY 40601

    Sponsored
    For Sale
    $950,000

    COMMERCIAL - Frankfort, KY

    Type:Office
    Property size:
    8,040 SF
    Lot size:
    1.05 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 7 at 9:06 pm

    Property Features for 4 Physicians Park

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    APN
    050000007400
    Size
    8,040 SF
    Lot size
    1.05 Acres

    Building Details

    Year built
    1987
    Building materials
    Brick
    Roof type
    Shingle

    The Gibson Company 2248833

    Listing agent Kevin Verhoven (859) 224-8833

    Listing date Dec 23, 2025

    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.

    Overview

    Medical Office Building Near Hospital

    Located at 4 Physicians Park Drive in Frankfort, Kentucky, this medical office building provides 8,039 square feet of space on a 1.05-acre lot. Constructed in 1987, the two-level, free-standing brick building is situated within the Diagnostic Office Park, adjacent to Frankfort Regional Medical Center. Zoned for professional office use, the property features 104 parking spaces. It is designed to accommodate either a single user or two separate tenants, with each suite having its own private entrance. The main level comprises approximately 4,008 square feet and includes 13 exam rooms with sinks, 10 offices, two waiting areas, three restrooms, and a dedicated storage area. The lower level, offering an additional 4,031 square feet, includes seven exam rooms, two offices, a small conference room, a kitchen/break room, three bathrooms, and a large storage area, including a 431-square-foot unfinished section formerly used for medical records. The property is suitable for healthcare providers or investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kendal Stephens, MD Obstetrician-Gynecologist Bradley Chase, MD Pediatrician Taunya Jasper, MD Pediatrician Robert Blair, MD Pediatrician Sara Hatter, APRN Pediatrician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Petco Vaccination Clinic, All Pets Veterinary Clinic, Town & Country Veterinary Center

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.909447
    Latitude
    38.160153

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    FAQs

    What type of property is this?
    Medical office - Two-level medical office building near Frankfort Regional Medical Center.
    Where is this medical office located?
    The property is located at 4 Physicians Park Frankfort, KY.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Prime Location: Directly adjacent to Frankfort Regional Medical Center.; - Ample Parking: 104 on-site parking spaces.; - Flexible Layout: Designed for single or multi-tenant use with separate entrances.
    (859) 224-8833
    Request Owner's contact information
    4 Physicians Park 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
    4 Physicians Park Frankfort, KY 40601
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