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    654 Versailles Rd Frankfort, KY 40601

    Sponsored
    For Lease
    $14 SF/Yr ($5,213 /Mo)

    4,469 SF Flex Space, Excellent Location

    Lot size:
    4,469 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-tenant, 4,469-square-foot freestanding flex building is available for lease in Frankfort, Kentucky. Situated on a 0.3-acre lot, this Class C property boasts a convenient location at 654 Versailles Road, offering high visibility and accessibility. The building features two drive-in doors, providing easy loading and unloading capabilities. Seven parking spaces are available for tenants and employees. The property is zoned for commercial use and is ideally situated near major roadways, including Versailles Road (US 60) with a 2020 daily vehicle count of 22,559, the East-West Connector (18,179 VPD in 2019), and just one mile from I-64 (47,800 VPD in 2021). The building is a single-story structure with no elevators. The entire 4,469 square feet is currently vacant and ready for immediate occupancy. This property presents a unique opportunity for businesses seeking a functional and strategically located space in Franklin County. The property's address is 654 Versailles Road, Frankfort, KY 40601.

    Property Features for 654 Versailles Rd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,469 SF
    Class
    C
    Total Rate
    5213.83

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,469 SF
    Rate per SF
    $14

    HighLights

    • 4,469 SF freestanding building on a 0.3‑acre lot.
    • New HVAC system.
    • Two roll‑up garage doors.
    • Three restrooms.
    • Seven parking spaces.
    • Excellent Frankfort location near Versailles Road (22,559 VPD), East‑West Connector (18,179 VPD), and I‑64 (47,800 VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Freds 2 the Rescue Laundry Service Burley Outdoor Advertising Advertising Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.8213944
    Latitude
    38.1897507

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    FAQs

    What type of property is this?
    Flex space - 4,469 SF Flex Space, Excellent Location
    Where is this flex space located?
    The property is located at 654 Versailles Rd Frankfort, KY.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 4,469 SF freestanding building on a 0.3-acre lot.; New HVAC system.; Two roll-up garage doors.
    Request Owner's contact information
    654 Versailles Rd 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
    654 Versailles Rd Frankfort, KY 40601
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