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    OFF-MARKET
    Retail properties & Spaces

    200 Limestone Dr, Frankfort, KY 40601

    0.78 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.78-acre outlot, designated Outlot 2, presents a prime retail opportunity within the thriving Limestone Centre at Franklin Square in Frankfort, KY. Located off I-64 at Exit 53B, this property benefits from exceptional visibility and accessibility. The site is part of a robust commercial area anchored by established and successful businesses including Norton Healthcare, Ollie's Bargain Outlet, and Fit4Life 24/7. The surrounding area boasts a diverse mix of national and regional retailers, creating a high-traffic environment ideal for attracting customers. Nearby businesses include Kroger, Lowe's, JCPenney, Franklin Square Cinemas, Panera Bread, Starbucks, Chick-fil-A, Walmart, McDonald's, Fifth Third Bank, and CVS Pharmacy, among others. The presence of Franklin Regional Medical Center further enhances the area's appeal and demographics. This single-tenant outlot offers significant potential for a variety of retail uses, capitalizing on the strong existing commercial infrastructure and high consumer traffic. The site's size and location make it an attractive investment for businesses seeking a prominent presence in a well-established and rapidly growing commercial center. This is a rare opportunity to secure a highly visible and accessible retail location in a thriving Kentucky market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 0.78 ac (33,977 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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