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    100 Old Versailles Rd Frankfort, KY 40601

    Sponsored
    For Sale
    $500,000

    Prime Frankfort location, high-traffic area. Ideal for diverse uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.5-acre commercial and industrial land parcel presents a unique investment opportunity in Frankfort, Kentucky. Strategically located on Old Versailles Road, this property enjoys excellent visibility and accessibility, boasting frontage directly on a major thoroughfare. Its proximity to the I-64 interchange ensures convenient access to regional transportation networks, making it an attractive location for businesses seeking efficient logistics. The property is zoned for commercial use, opening up a wide range of development possibilities. This versatile land offers significant potential for various commercial ventures, from retail establishments and restaurants to light industrial operations. The 0.5-acre lot provides ample space for construction or expansion, catering to a variety of business needs. Given its prime location and zoning, this property represents a compelling investment opportunity for those seeking a high-traffic, easily accessible location in a thriving Kentucky market. The asking price is $500,000. The property's address is 100 Old Versailles Rd, Frankfort, KY 40601.

    Property Features for 100 Old Versailles Rd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • $500,000 asking price.
    • 0.5‑acre commercial land parcel.
    • Commercially zoned.
    • Located at 100 Old Versailles Rd, Frankfort, KY 40601.
    • Excellent location near I‑64 interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.808857116905
    Latitude
    38.1674588897

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    FAQs

    What type of property is this?
    Land - Prime Frankfort location, high-traffic area. Ideal for diverse uses.
    Where is this land located?
    The property is located at 100 Old Versailles Rd Frankfort, KY.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price.; 0.5-acre commercial land parcel.; Commercially zoned.
    Request Owner's contact information
    100 Old Versailles Rd 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
    100 Old Versailles Rd Frankfort, KY 40601
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