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    Capital Plz Frankfort, KY 40601

    Sponsored
    For Lease
    Contact for pricing

    4.19 Acres, Prime Commercial Location

    Lot size:
    182,516 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.19-acre commercial land parcel presents a unique investment opportunity in Frankfort, Kentucky. Strategically located behind Big Lots and Walgreens, on Capital Plaza West, this property enjoys high visibility and accessibility at the intersection of Highway 127 Bypass and Kings Daughters Drive. Zoned PC-Planned Commercial district, this site offers significant potential for a variety of commercial developments. The single-tenant zoning allows for focused development, minimizing complexities associated with multi-tenant properties. With a total land area of 4.19 acres, there's ample space for substantial construction. The property's location within the thriving commercial corridor ensures high traffic volume and exposure to a large customer base. This prime location offers excellent potential for businesses seeking a high-profile presence in a rapidly growing area. The property is available for lease, providing an ideal opportunity for businesses looking to establish or expand their operations in a strategic location within Franklin County. Detailed zoning information and development guidelines are available upon request. This is a rare opportunity to acquire a significant commercial land parcel in a highly desirable location. Contact us today to learn more about this exceptional property and explore its development potential.

    Property Features for 0 Capital Plz

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    182,516 SF

    Unit(s) available at that property

    Space
    Available Acre
    Size
    182,516 SF

    HighLights

    • Prime I‑64 and East‑West Connector location.
    • Convenient access from Kings Daughters Road.
    • High visibility from the street.
    • High traffic counts ensure strong exposure.
    • Zoned PC—Planned Commercial District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.8786111
    Latitude
    38.2025

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    FAQs

    What type of property is this?
    Land - 4.19 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Capital Plz Frankfort, KY.
    What are key features of this property?
    This property features: Prime I-64 and East-West Connector location.; Convenient access from Kings Daughters Road.; High visibility from the street.
    Request Owner's contact information
    Capital Plz 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
    Capital Plz Frankfort, KY 40601
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