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    452 Versailles Rd Frankfort, KY 40601

    Sponsored
    For Sale
    $475,000

    1.446 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.446-acre commercial land parcel is ideally situated on Versailles Road (US 60) in Frankfort, Kentucky, offering unparalleled visibility and accessibility. Located in Franklin County, zip code 40601, the property is zoned CL, Limited Commercial, providing flexibility for a variety of retail uses. Its prime location directly adjoins the Brighton Park Shopping Center, anchored by a Kroger grocery store, ensuring high foot traffic and brand recognition. The property benefits from its proximity to a major thoroughfare, US 60, and is conveniently located approximately 1.5 miles from Interstate 64, providing easy access for customers and employees. A proposed new connection to the Kroger Access Road, complete with a signalized intersection, will further enhance accessibility and visibility. The asking price for this exceptional opportunity is $475,000. Surrounding businesses include a variety of retail establishments, banks, gas stations, restaurants, and other grocery stores, creating a vibrant and thriving commercial environment. This property presents a unique investment opportunity for businesses seeking high visibility and convenient access in a rapidly growing area. The address is 452 Versailles Rd, Lot 2, Frankfort, KY.

    Property Features for 452 Versailles Rd

    General Information

    Property type
    Land
    Lot Size
    62,988 SF

    HighLights

    • 1.446‑acre lot available for sale.
    • Adjacent to Brighton Park Shopping Center, anchored by Kroger.
    • New access to Kroger via a signalized intersection.
    • High‑visibility Versailles Road (US 60) location, near I‑64 and abundant retail amenities.
    • CL (Limited Commercial) zoning.
    • $475,000 sale price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.8265505
    Latitude
    38.1957423

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    FAQs

    What type of property is this?
    Land - 1.446 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 452 Versailles Rd Frankfort, KY.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 1.446-acre lot available for sale.; Adjacent to Brighton Park Shopping Center, anchored by Kroger.; New access to Kroger via a signalized intersection.
    Request Owner's contact information
    452 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
    452 Versailles Rd Frankfort, KY 40601
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