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    1 Mill Creek Park Frankfort, KY 40601

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    For Sale
    Contact for pricing

    Office park with spaces available for lease in Frankfort, KY.

    Property size:
    181,300 SF

    Property Features for 1 Mill Creek Park

    General Information

    Size
    181,300 SF

    Source: Paul Ray Smith, Jr Agent Paul Ray Smith, Jr

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

    Overview

    Mill Creek Office Park Leasing

    Mill Creek Office Park in Frankfort presents leasing opportunities. This +/-181,300 SF office park offers spaces ranging from +/-1,768 to 43,640 SF for lease. The property is located near the intersection of I-64 and US Highway 60. Frankfort, Kentucky’s capital city, serves as the only retail hub along the I-64 corridor for 85 miles between Louisville and Lexington. Frankfort has a history in economic development and incentives. Situated in the Kentucky River valley within the Bluegrass Region of Central Kentucky, Frankfort benefits from diverse resources that support economic development, including business growth and expansion, new business attraction, new business creation, and tourism. The location provides immediate access via Exit 58 off I-64. The property is near restaurants and shopping. On-site parking is available. Traffic counts exceed 48,000 VPD on I-64 and 28,000 VPD on US 60.
    Location Intelligence

    Current Use by Public Records

    Randle-Davies Construction Co Asphalt Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -84.813471
    Latitude
    38.179253

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    FAQs

    What type of property is this?
    Office building - Office park with spaces available for lease in Frankfort, KY.
    Where is this office building located?
    The property is located at 1 Mill Creek Park Frankfort, KY.
    What are key features of this property?
    This property features: - Ideally located just off I-64 with immediate access via Exit 58.; - Located in Frankfort, Kentucky's capital city and the only retail hub along the I-64 corridor for 85 miles from Louisville to Lexington.; - +/-1,768 - 43,640 SF for lease within a +/-181,300 SF office park.
    (859) 420-2200
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    1 Mill Creek 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
    1 Mill Creek Park Frankfort, KY 40601
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