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Land with Kentucky River Views
For Sale
$550,000
Pending

954 Wilkinson Blvd, Frankfort, KY 40601

3.75 acre residential land near Buffalo Trace Distillery.

Property SizeContact for details
Lot Size3.75 Acres
Days on Market1907

Property Features for 954 Wilkinson Blvd

General Information

Standard status Pending
Lot size 3.75 Acres
Property subtype Land
Listing Agency: Crumbaugh Real Estate Group
Listed By: Nathan Dailey · License #222902
Source: Exprealty
Added: Aug 10, 2021 Changed: Oct 25 Last Checked: Oct 23 at 11:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crumbaugh Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This 3.75 acre property is located in an Opportunity Zone and offers views of the Kentucky River and Lock 4 Dam. Zoned High Density Residential (RH), the site is suitable for apartments, townhomes, or a hotel. The property is located near Buffalo Trace Distillery and along a walk/bike trail that connects to River View Park, and is also located minutes from downtown Frankfort. Conceptual development plans and a survey are available.

Key Highlights

  • 3.75 acres+/- in Opportunity Zone with Kentucky River & Lock 4 Dam views
  • Zoned High Density Residential (RH) suitable for apartments, townhomes, or hotel
  • Located almost adjacent to Buffalo Trace Distillery

Property Analytics

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Suggested Use

Top Pick Hair Salon Spa & Massage Center Real Estate Agency Pharmacy Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 3.75 acre residential land near Buffalo Trace Distillery.
Where is this residential land & home lot located?
The property is located at 954 Wilkinson Blvd Frankfort, KY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3.75 acres+/- in Opportunity Zone with Kentucky River & Lock 4 Dam views; Zoned High Density Residential (RH) suitable for apartments, townhomes, or hotel; Located almost adjacent to Buffalo Trace Distillery
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