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Frankfort Land with Interstate Visibility
For Sale
$685,000
Pending

190 Democrat Drive, Frankfort, KY 40601

LAND - Frankfort, KY

Property SizeContact for details
Lot Size5.10 Acres
Days on Market676

Property Features for 190 Democrat Drive

General Information

Property type Land
Property subtype Other
Zoning description PO
Subdivision Commercial
Directions Right on Democrat Dr., located on the right next to Kentucky Engineering Center.
Standard status Pending
APN 087-00-00-042.00
Lot size 5.10 Acres
Listing Agency: Block + Lot Homes
Listed By: Gregory Leveridge · License #215416
Added: Oct 17, 2024 Changed: May 29 Last Checked: Aug 23 at 6:06AM
MLS# 24021917

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property features 5.1 acres of centrally-located land with visibility from Interstate 64 and quick access to both Interstate 64 and Highway 60. Zoned Professional Office, the land allows for office, medical office, and multi-family development. The property is strategically positioned for redevelopment in a dense area with office, retail, and multi-family properties. Utilities are available to the site. The surrounding area includes government, administrative, and educational office users, as well as high-density retail such as Kohl's and Dick's Sporting Goods, hotels, multi-family residences, and mixed-use developments. The pricing reflects the land value, with no value attributed to the existing building, which is offered as-is.

Key Highlights

  • 5.1 acres of land with prominent visibility from Interstate 64.
  • Centrally‑located in Frankfort with quick access to Interstate 64 and Highway 60.
  • Zoned Professional Office, allowing office, medical office, and multi‑family development.

Property Analytics

Current Use

UPS DROP BOX Courier Service

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Real Estate Agency Plumbing Service Pharmacy Garden Center

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

186
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 5.1 acres of land with high visibility and redevelopment potential.
Where is this commercial land located?
The property is located at 190 Democrat Drive Frankfort, KY.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 5.1 acres of land with **prominent visibility from Interstate 64**.; Centrally‑located in Frankfort with quick access to Interstate 64 and Highway 60.; Zoned Professional Office, allowing office, medical office, and multi‑family development.
More about this property
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