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    404 S Scruggs Ln Frankfort, KY 40601

    Pending
    For Sale
    $359,000

    LAND - Frankfort, KY

    Lot size:
    5.25 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 10 at 11:06 am

    Property Features for 404 S Scruggs Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    094-00-00-033.02
    Lot size
    5.25 Acres

    Bluegrass Realty & Investments 3522650

    Listing agent Joe Johnson (502) 352-2650

    Listing date Oct 13, 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

    Land on South Elkhorn Creek

    This 5.25-acre property presents a rare opportunity along the South Elkhorn Creek, offering a chance to create a dream property with access to a building spot via a storybook entrance. The land provides privacy and an abundance of birds and wildlife. The gently sloping creek access allows for easy launching of kayaks, fishing, and swimming. Underground utilities are available, and building sites are located outside the flood zone while still offering creek views. The property is a short distance from downtown Frankfort and provides easy access to Midway, Georgetown, Lexington, and Louisville. This tract offers tranquil retreat providing South Elkhorn Creek living and recreation opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Department Store Discount Store Travel Agency Pet Store Arcade & Gaming Center Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.793053
    Latitude
    38.195853

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    FAQs

    What type of property is this?
    Land - 5+ acre property with creek access near downtown Frankfort.
    Where is this land located?
    The property is located at 404 S Scruggs Ln Frankfort, KY.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: - Rare South Elkhorn Creek property with over 5 acres.; - Gently sloping creek access for kayaking, fishing, and swimming.; - Building sites outside the flood zone with creek views.
    (502) 352-2650
    Request Owner's contact information
    404 S Scruggs 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
    404 S Scruggs Ln Frankfort, KY 40601
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