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    1216 Wilkinson Blvd Frankfort, KY 40601

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    For Sale
    $1,200,000

    Freestanding 19,145 SF office/warehouse near Buffalo Trace Distillery.

    Property size:
    19,145 SF

    Property Features for 1216 Wilkinson Blvd

    General Information

    Size
    19,145 SF

    Building Details

    Year built
    1997

    Source: J.L. Cannady, CCIM Agent J.L. Cannady, CCIM

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

    Overview

    Frankfort Office/Warehouse Building For Sale

    This +/-19,145 SF freestanding office/warehouse building is available for sale. The multi-tenant building is currently leased to The State Journal, Rutledge Remodeling, and City Museum. Existing rents are under current market rates, presenting a value-add opportunity. The property is zoned IC, Industrial Commercial. It is located on Wilkinson Boulevard across from Buffalo Trace Distillery, which hosts more than 400,000 visitors each year. The site is situated in a high traffic area on US Highway 421, approximately 4 miles from I-64. Frankfort, the Capital of the Commonwealth, is bisected by the Kentucky River and is the midway point between Kentucky’s two largest markets of Lexington and Louisville. Frankfort is 25 miles west of Lexington and 54 miles east of Louisville and 79 miles southwest of Cincinnati.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The State Journal Newspaper Publisher Advantage Newspaper Publisher

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.8625553
    Latitude
    38.2159709

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    FAQs

    What type of property is this?
    Office building - Freestanding 19,145 SF office/warehouse near Buffalo Trace Distillery.
    Where is this office building located?
    The property is located at 1216 Wilkinson Blvd Frankfort, KY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Freestanding office/warehouse building located across from Buffalo Trace Distillery (400,000+ visitors annually).; - Value-Add Opportunity: Existing rents are below current market rates.; - Multi-tenant building with existing leases to The State Journal, Rutledge Remodeling, and City Museum.
    (270) 945-2029
    Request Owner's contact information
    1216 Wilkinson Blvd Frankfort, KY 40601
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    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
    1216 Wilkinson Blvd Frankfort, KY 40601
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