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Planned Commercial Land
For Sale
$375,000

206 Shepherd Way, Frankfort, KY 40601

Commercial parcel with Leestown Road frontage and PC - Planned Commercial zoning.

Property SizeContact for details
Days on Market590

Property Features for 206 Shepherd Way

General Information

Standard status Active
Property subtype Land
Zoning PC - Planned Commercial
Listing Agency: The Gibson Company
Listed By: Kevin Verhoven · License #58263
Source: Kcrea.resimplifi
Added: Jan 29, 2025 Changed: Sep 8 Last Checked: Sep 10 at 5:48AM

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 The Gibson Company

Investment Insights

Based on property information with market context.

This 0.83-acre commercial parcel is zoned PC - Planned Commercial and fronts Leestown Road. The property is positioned between Speedway and The Good Shepherd Church/School, with Frankfort Toyota located across the road.

Construction is underway behind the lots on an 88-unit apartment complex and 93 town homes. The parcel may also be combined with 101 Shepherd Way, creating a total assemblage of 1.83 acres.

Key Highlights

  • 0.83 acres of commercial land
  • PC - Planned Commercial zoning
  • Frontage on Leestown Road

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Spa & Massage Center Pharmacy

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

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial parcel with Leestown Road frontage and PC - Planned Commercial zoning.
Where is this commercial land located?
The property is located at 206 Shepherd Way Frankfort, KY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 0.83 acres of commercial land; PC - Planned Commercial zoning; Frontage on Leestown Road
More about this property
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