Property profile

201 Limestone Dr Frankfort, KY 40601

OFF-MARKET
Retail properties & Spaces
8,771 SF 4.14 ac lot Built 2001
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Property summary

AI-generated overview

This exceptional 8,771 square foot retail property, situated on a generous 4.14-acre lot (180,426 square feet), presents a unique investment opportunity in Frankfort, Kentucky. The single-story building, constructed in 2001, boasts a total of 49 parking spaces, ensuring ample convenience for customers and employees. Currently vacant, the entire 8,771 square feet is available for lease, offering significant potential for a variety of retail uses. The property's location on Limestone Drive, with convenient access to the East-West Connector, provides excellent visibility and accessibility. The building's former use as a First Financial Bank branch suggests a strong foundation and adaptable layout. Located in Franklin County, Kentucky, with a 40601 zip code, this property benefits from a prime location within a thriving community. The expansive lot size offers significant flexibility for future development or expansion. This is a rare opportunity to acquire a substantial retail space with significant land in a desirable Kentucky location. The property is ready for immediate occupancy and offers a blank canvas for a discerning buyer or tenant to create a thriving business. The ample parking and convenient location make this an ideal space for a variety of retail ventures.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2001
Total area 8,771 SF
Lot 4.14 ac (180,426 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

201 Limestone Dr Frankfort, KY 40601
Frankfort metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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