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    948 Louisville Rd Frankfort, KY 40601

    For Lease
    Contact for pricing

    Commercial parcels available for redevelopment in a sought-after retail corridor.

    Lot size:
    0.41 Acres

    Property Features for 948 Louisville Rd

    General Information

    Lot size
    0.41 Acres

    Source: Robbins Properties Agent Mark G. Robbins

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

    Overview

    Commercial Parcels in Frankfort, KY

    Commercial parcels located at 970, 956, 954, 950, 948, 921, 919, and 903 Louisville Road are available for lease in Frankfort, KY. Situated between U.S. Hwy 127 S and Collins Lane, the properties include vacant land. All parcels, if leased, are on short term leases, but are available for redevelopment and may be leased on a long-term basis. The properties are located in a sought-after retail corridor just off U.S. Hwy 127 S and within a mile of I-64 and downtown Frankfort. The traffic count on U.S. Hwy 127 S near this location is approximately 30,000 cars per day.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.8932225
    Latitude
    38.1815862

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    FAQs

    What type of property is this?
    Land - Commercial parcels available for redevelopment in a sought-after retail corridor.
    Where is this land located?
    The property is located at 948 Louisville Rd Frankfort, KY.
    What are key features of this property?
    This property features: - Located in a high-traffic retail corridor off U.S. Hwy 127 S (approximately 30,000 cars per day).; - Redevelopment opportunity.; - Close proximity to I-64 and downtown Frankfort.
    (615) 473-7731
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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
    948 Louisville Rd Frankfort, KY 40601
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