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    1467 Us-127 Frankfort, KY 40601

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    For Sale
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    Prime KY Commercial Land, I-64 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 45-acre commercial land parcel presents a unique investment opportunity in Frankfort, Kentucky. Situated at the strategic intersection of I-64 and Lawrenceburg Road, this property benefits from its location within Frankfort's primary retail trade area. The C-2 zoning allows for a wide range of commercial development possibilities. Significant infrastructure improvements are underway, including a new signalized intersection, upgraded exit ramps, and road extensions, ensuring convenient access and high visibility. This development is part of a larger 50-acre project with outlots available for ground lease or build-to-suit options. Frankfort's position as the state capital, 38 miles east of Louisville and 22 miles west of Lexington, provides strong regional accessibility and a robust market. The property's size and location make it ideal for a variety of commercial ventures, offering substantial potential for growth and return on investment. This is a rare opportunity to acquire a large, well-located commercial land parcel in a thriving Kentucky market. The address is 1467 US-127, Frankfort, KY 40601, within Franklin County.

    Property Features for 1467 Us-127

    General Information

    Property type
    Land
    Lot Size
    1,960,200 SF

    HighLights

    • 45‑acre commercial land parcel.
    • C‑2 zoning.
    • Located at the I‑64 & Lawrenceburg Road interchange in Frankfort, KY.
    • Situated in Frankfort's primary retail trade area.
    • New signalized intersection and improved road access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.8936349
    Latitude
    38.1617187

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    FAQs

    What type of property is this?
    Land - Prime KY Commercial Land, I-64 Access
    Where is this land located?
    The property is located at 1467 Us-127 Frankfort, KY.
    What are key features of this property?
    This property features: 45-acre commercial land parcel.; C-2 zoning.; Located at the I-64 & Lawrenceburg Road interchange in Frankfort, KY.
    (859) 266-1414
    Request Owner's contact information
    1467 Us-127 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
    1467 Us-127 Frankfort, KY 40601
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