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    954 Louisville Rd Frankfort, KY 40601

    For Lease
    Contact for pricing

    High-traffic retail space, Frankfort, KY. Multiple units available.

    Lot size:
    11,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 950 & 954 Louisville Road in Frankfort, Kentucky, offers 11,280 square feet of vacant space across a single, two-story building. Currently available for lease are multiple units ranging from a minimum of 2,880 square feet to a maximum contiguous space of 4,800 square feet. The property boasts excellent visibility and accessibility, situated on a high-traffic corner at the intersection of Louisville Road and Crystal Drive, near the Highway 127 Bypass. This prime location ensures significant exposure to a large customer base. The building itself is classified as Class C and sits on a 0.501-acre lot. The zoning designation is 02B Zone-C, within Franklin County. The ground floor offers ample retail space, complemented by a lower level basement previously utilized as a coin laundry and furniture store, presenting versatile options for potential tenants. The property's excellent ingress and egress further enhance its appeal, making it an ideal location for a variety of retail businesses seeking high visibility and convenient access for customers. The building's layout and size provide flexibility for various retail concepts.

    Property Features for 954 Louisville Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,280 SF
    Class
    C

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 950
    Size
    4,800 SF
    Space
    Suite 954
    Size
    2,880 SF
    Space
    Suite 954-B
    Size
    3,600 SF

    HighLights

    • 11,280 SF retail building with 2,880‑4,800 SF divisible spaces available.
    • Building features ground floor space with a basement.
    • Previously occupied by a coin laundry and furniture store.
    • Excellent visibility and accessibility, situated on a high‑traffic corner at Louisville Road and Crystal Drive.
    • Located near the busy intersection of Hwy 127 Bypass and Louisville Road in Frankfort, KY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.8933907
    Latitude
    38.1815438

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, Frankfort, KY. Multiple units available.
    Where is this retail property located?
    The property is located at 954 Louisville Rd Frankfort, KY.
    What are key features of this property?
    This property features: 11,280 SF retail building with 2,880-4,800 SF divisible spaces available.; Building features ground floor space with a basement.; Previously occupied by a coin laundry and furniture store.
    Request Owner's contact information
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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
    954 Louisville Rd Frankfort, KY 40601
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