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    970 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 970 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 on Louisville Road

    Commercial parcels at 970, 956, 954, 950, 948, 921, 919, and 903 Louisville Road are available for lease. Located between U.S. Highway 127 South and Collins Lane in Frankfort, Kentucky, the properties include two vacant land parcels. All parcels are currently under short-term leases, but are available for long-term lease for redevelopment. The properties are situated in a retail corridor near U.S. Highway 127 South, within a mile of Interstate 64 and downtown Frankfort. The traffic count on U.S. Highway 127 South near this location is approximately 30,000 cars per day.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tread Pro Auto Repair Shop U-Haul Neighborhood Dealer Trailer Rental Service

    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
    -84.8941318
    Latitude
    38.1812029

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    FAQs

    What type of property is this?
    Commercial land - Commercial parcels available for redevelopment in a sought-after retail corridor.
    Where is this commercial land located?
    The property is located at 970 Louisville Rd Frankfort, KY.
    What are key features of this property?
    This property features: - Located in a **high-traffic retail corridor** with approximately 30,000 cars per day on U.S. Hwy 127 S.; - **Redevelopment opportunity** with multiple commercial parcels available.; - Close proximity to U.S. Hwy 127 S, I-64, and downtown Frankfort.
    (615) 473-7731
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    970 Louisville Rd 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
    970 Louisville Rd Frankfort, KY 40601
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