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Land with Kentucky River Views
For Sale
$550,000
Pending

954 Wilkinson, Frankfort, KY 40601

LAND - Frankfort, KY

Property SizeContact for details
Lot Size3.75 Acres
Days on Market1824

Property Features for 954 Wilkinson

General Information

Property type Land
Property subtype Other
Zoning description RH-High density multi family
Subdivision Annex
Directions 954 Wilkinson Blv. Frankfort, KY 40601
Standard status Pending
APN 14.0531
Lot size 3.75 Acres
Listing Agency: Crumbaugh Real Estate Group
Listed By: Nathan Dailey · License #222902
Added: Aug 10, 2021 Changed: May 14 Last Checked: Aug 7 at 12:06AM
MLS# 20117684

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 3.754-acre property is located in an Opportunity Zone and offers views of the Kentucky River and Lock 4 Dam. Zoned High Density Residential (RH), the site is suitable for apartments, townhomes, or a hotel. It is located almost adjacent to Buffalo Trace Distillery, along the walk/bike trail connecting to River View Park, and minutes from downtown Frankfort. The owner has a survey and conceptual plans for development on file for serious buyers.

Key Highlights

  • 3.75 acres+/- with GORGEOUS views of the Kentucky River & Lock 4 Dam.
  • Located in an Opportunity Zone.
  • Zoned High Density Residential (RH) - suitable for apartments, townhomes, or a hotel.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Hair Salon Nail Salon Pharmacy Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service

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

897
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
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?
Commercial land - 3.75 acres in Opportunity Zone near Buffalo Trace Distillery.
Where is this commercial land located?
The property is located at 954 Wilkinson Frankfort, KY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3.75 acres+/- with GORGEOUS views of the Kentucky River & Lock 4 Dam.; Located in an Opportunity Zone.; Zoned High Density Residential (RH) - suitable for apartments, townhomes, or a hotel.
More about this property
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