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    201 Limestone St S Frankfort, KY 40601

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    For Lease
    Contact for pricing

    8,771 SF building with 920 SF drive-through on 4.142 acres.

    Property size:
    8,771 SF
    Lot size:
    4.17 Acres

    Property Features for 201 Limestone St S

    General Information

    Size
    8,771 SF
    Lot size
    4.17 Acres

    Source: Robbins Properties Agent Mark G. Robbins

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

    Overview

    Retail Building with Drive-Through Canopy

    The property includes an 8,771 square foot building with a 920 square foot drive-through canopy, situated on a 4.142 acre parcel. It is located near Frankfort Regional Medical Center, Western Hills High School, Bridgeport Elementary School, and various Commonwealth of Kentucky offices, as well as numerous residential homes and apartments. The surrounding area within a 3-mile radius has a population of approximately 39,000 people, with an average household income of $66,798. First Financial Bank is under a long term NNN land lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    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
    -84.895801
    Latitude
    38.17077

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    FAQs

    What type of property is this?
    Bank - 8,771 SF building with 920 SF drive-through on 4.142 acres.
    Where is this bank located?
    The property is located at 201 Limestone St S Frankfort, KY.
    What are key features of this property?
    This property features: - Long-term NNN land lease with First Financial Bank provides stable income.; - High traffic location near Frankfort Regional Medical Center, Western Hills High School, Bridgeport Elementary School, and government offices.; - Strong demographics: 39,000 people within a 3-mile radius with an average household income of $66,798.
    (615) 473-7731
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    201 Limestone St S 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
    201 Limestone St S Frankfort, KY 40601
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