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    360 Democrat Dr Frankfort, KY 40601

    For Lease
    Contact for pricing

    18,376 SF Office Building, I-64 Access

    Lot size:
    18,376 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 18,376-square-foot single-tenant office building presents a unique opportunity in Frankfort, Kentucky. Strategically located just off Interstate 64 at Exit 58, with convenient access to Versailles Road (US 60), this Class B property offers unparalleled convenience and visibility. The building sits on a generous 2.6-acre lot and boasts 73 on-site parking spaces, ensuring ample parking for employees and clients. The single-story structure is ideal for a variety of businesses seeking a spacious and functional workspace. Its location near Glenns Creek Manor, a newly opened senior housing community (2022), and Pleasant View Assisted Living, along with nearby restaurants and shopping, provides a desirable environment for both employees and clients. The property is zoned for commercial use and is part of a thriving community with a rich history of economic development and incentives. The building itself is a freestanding structure, offering privacy and independence. No elevators are present. Franklin County's robust economic landscape makes this an attractive investment opportunity. Contact for rental rates.

    Property Features for 360 Democrat Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,376 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    18,376 SF

    HighLights

    • 18,376 SF single‑tenant office building.
    • Located off I‑64 at US 60 Exit 58.
    • Adjacent to new senior housing and assisted living.
    • Nearby amenities including restaurants and shopping.
    • 73 onsite parking spaces.
    • Rental rate available upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kentucky Court of Appeals Courthouse Kentucky Apartment Building

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -84.8177677
    Latitude
    38.1729276

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    FAQs

    What type of property is this?
    Office Property / Space - 18,376 SF Office Building, I-64 Access
    Where is this office property / space located?
    The property is located at 360 Democrat Dr Frankfort, KY.
    What are key features of this property?
    This property features: 18,376 SF single-tenant office building.; Located off I-64 at US 60 Exit 58.; Adjacent to new senior housing and assisted living.
    Request Owner's contact information
    360 Democrat Dr 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
    360 Democrat Dr Frankfort, KY 40601
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