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    7 Carson Pl Frankfort, KY 40601

    Sponsored
    For Sale
    $580,000

    High-yield investment, long-term lease.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 7 Carson Place in Frankfort, Kentucky, presents a compelling investment opportunity. The 0.99-acre lot houses a general commercial building currently under a long-term lease with a reliable tenant. The lease agreement has six years remaining, providing significant stability and predictable income for the investor. A key advantage is that the tenant is responsible for all maintenance expenses, minimizing the owner's operational responsibilities and potential costs. The property's prime location in Frankfort, Kentucky, ensures strong visibility and accessibility. This is an ideal acquisition for investors seeking a low-maintenance, high-return investment with a secure, long-term lease in place. The asking price for this exceptional property is $580,000. Given the length of the lease and the tenant's responsibility for maintenance, this represents a strong value proposition in the Frankfort commercial real estate market. The property's size and location make it suitable for a variety of commercial uses, ensuring continued value and potential for future appreciation. Contact us today to learn more about this outstanding investment opportunity.

    Property Features for 7 Carson Pl

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,124 SF

    Building Details

    Year Built
    1986
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.89305
    Latitude
    38.18052

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield investment, long-term lease.
    Where is this commercial real estate located?
    The property is located at 7 Carson Pl Frankfort, KY.
    What is the asking price?
    The asking price for this property is $580,000.
    (502) 682-1226
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    7 Carson Pl 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
    7 Carson Pl Frankfort, KY 40601
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