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    170-190 Kings Daughters Dr Frankfort, KY 40601

    For Sale
    $2,850,275

    Three renovated office buildings, ideal for medical or traditional use.

    Property size:
    24,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial real estate opportunity presents three meticulously renovated office buildings totaling 24,200 square feet on a 1.49-acre lot in Frankfort, Kentucky. Located at 170-190 Kings Daughters Drive, this Class C property boasts three buildings, each featuring two stories and offering a mix of private offices, spacious conference rooms, and updated break areas/kitchenettes. Completed in 2024, the extensive renovations included new roofs, flooring, repaved parking lots, and fresh interior and exterior paint and carpeting. The buildings are zoned CL and offer excellent potential for a variety of commercial uses, including medical offices and traditional office spaces. The property's strategic location provides easy access to major roadways, including I-64, ensuring convenient commutes to Lexington and Louisville. The surrounding area offers a vibrant mix of professional, retail, and healthcare services, including nearby Kroger, Chick-fil-A, Walmart, and the new Paddocks of Frankfort, a significant mixed-use development anchored by a large Target store. This prime location, coupled with the recent renovations, makes this property an attractive investment opportunity, offering the flexibility to be sold as a portfolio or individually. The property's APN is 050-00-00-059.00. The net rentable square footage is 24,220, spread across three units, built in 1985.

    Property Features for 170-190 Kings Daughters Dr

    General Information

    Property type
    Medical offices
    Square Feet
    24,200 SF
    Class
    C
    Lot Size
    64,904 SF

    Building Details

    Year Built/Renovated
    1985/2024
    Buildings
    3
    Stories
    2
    Units
    3

    HighLights

    • Prime location.
    • Fully renovated office buildings.
    • Portfolio or individual building sale available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -84.9025655
    Latitude
    38.1643072

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    FAQs

    What type of property is this?
    Medical office - Three renovated office buildings, ideal for medical or traditional use.
    Where is this medical office located?
    The property is located at 170-190 Kings Daughters Dr Frankfort, KY.
    What is the asking price?
    The asking price for this property is $2,850,275.
    What are key features of this property?
    This property features: Prime location.; Fully renovated office buildings.; Portfolio or individual building sale available.
    Request Owner's contact information
    170-190 Kings Daughters Dr 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
    170-190 Kings Daughters Dr Frankfort, KY 40601
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