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    Franklin Sq Frankfort, KY 40601

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    For Sale
    Contact for pricing

    31 Acres, Prime Frankfort Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 31.244-acre commercial land parcel presents a unique investment opportunity in Frankfort, Kentucky. Located in the highly desirable Franklin Square East area, this property boasts unparalleled access and visibility. Its strategic position near I-64, US Highway 127 South, and the East-West Connector ensures high traffic counts and exceptional exposure for any commercial development. Access points from West Ridge Drive, the East-West Connector, and directly through Franklin Square provide multiple convenient entry and exit options. The property is zoned PC – Planned Commercial District, offering a wide range of development possibilities. This prime location in Franklin County, Kentucky, zip code 40601, enjoys the highest traffic counts in Frankfort, making it an ideal site for businesses seeking maximum visibility and accessibility. The expansive lot size provides ample space for large-scale projects, while the convenient location ensures easy access for customers and employees. This is a rare opportunity to acquire a significant commercial land parcel in a thriving Kentucky market. The coordinates are 38.1677801 latitude and -84.8964021 longitude. Serious inquiries are encouraged.

    Property Features for 0 Franklin Sq

    General Information

    Property type
    Land
    Lot Size
    1,360,989 SF

    HighLights

    • 31.24‑acre commercial land parcel in Frankfort, KY's desirable Franklin Square East.
    • Excellent access via I‑64, US Hwy 127 South, and the East‑West Connector, with multiple access points.
    • Highest traffic counts in Frankfort, KY.
    • PC (Planned Commercial District) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.8964021
    Latitude
    38.1677801

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    FAQs

    What type of property is this?
    Land - 31 Acres, Prime Frankfort Location
    Where is this land located?
    The property is located at Franklin Sq Frankfort, KY.
    What are key features of this property?
    This property features: 31.24-acre commercial land parcel in Frankfort, KY's desirable Franklin Square East.; Excellent access via I-64, US Hwy 127 South, and the East-West Connector, with multiple access points.; Highest traffic counts in Frankfort, KY.
    Request Owner's contact information
    Franklin Sq 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
    Franklin Sq Frankfort, KY 40601
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