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    452 Versailles Rd Frankfort, KY 40601

    For Sale
    $475,000

    1.446 acres of commercial land for sale on US 60.

    Property size:
    1 SF
    Lot size:
    1.45 Acres

    Property Features for 452 Versailles Rd

    General Information

    Size
    1 SF
    Lot size
    1.45 Acres

    Source: Jamie Adams, SIOR, CCIM Agent Jamie Adams, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near Kroger Center

    This 1.446-acre commercial land parcel is available for sale on US 60 in Frankfort. The property is located adjacent to a Kroger Center and approximately 1.5 miles from I-64. It is situated in a retail corridor along Versailles Road on the east side of Frankfort, positioned between a large residential area and the newly constructed Independence Bank. The location offers close proximity to various retail establishments, including banks, gas stations, restaurants, and grocery stores. The property is zoned CL, Limited Commercial, and features a proposed new connection to Kroger Access Road and a signalized intersection.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -84.8270819
    Latitude
    38.1953522

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    FAQs

    What type of property is this?
    Commercial land - 1.446 acres of commercial land for sale on US 60.
    Where is this commercial land located?
    The property is located at 452 Versailles Rd Frankfort, KY.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Adjacent to Kroger-anchored Brighton Park Shopping Center; - New connection to Kroger Access Road and signalized intersection planned; - Located on US 60 (Versailles Road) in a high-traffic retail corridor
    (859) 396-5468
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    452 Versailles Rd 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
    452 Versailles Rd Frankfort, KY 40601
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