Listing Agency: The Gibson Company k***@thegibsoncompany.com Show Phone

Listed By: Kevin Verhoven · License #58263 Show Phone

Source: Kcrea.resimplifi

Added: Jan 29, 2025 Changed: Aug 29 Last Checked: Aug 29 at 7:21PM

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Investment Insights

Based on property information with market context.

This 1.35-acre commercial land parcel is zoned PC - Planned Commercial and fronts Leestown Road in Frankfort, Kentucky. The property is identified as 102 Shepherd Way and offers a land-based development opportunity within an established commercial setting.

The parcel sits between Speedway and The Good Shepherd Church/School, with Frankfort Toyota positioned across Leestown Road. Construction is underway behind the property for an apartment complex containing 88 units and 93 town homes. The parcel may also be combined with 101 Shepherd Way, creating a total assemblage of 2.66 acres.

Key Highlights

• 1.35 acres of commercial land at 102 Shepherd Way
• PC - Planned Commercial zoning
• Frontage along Leestown Road

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store HVAC Service Parking Lot & Garage

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

161

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial parcel with Planned Commercial zoning and frontage along Leestown Road.

Where is this commercial land located?

The property is located at 102 Shepherd Way Frankfort, KY.

What is the asking price?

The asking price for this property is $742,000.

What are key features of this property?

This property features: 1.35 acres of commercial land at 102 Shepherd Way; PC - Planned Commercial zoning; Frontage along Leestown Road