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Property profile & analytics
OFF-MARKET
Land

1878 Frankfort Pike Georgetown, KY 40324

6.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.05-acre commercial land parcel presents a prime development opportunity in Georgetown, Kentucky. Strategically located at the intersection of Frankfort Pike (US 460) and McClelland Circle (US 460 Bypass), this property boasts over 16,000 vehicles per day (VPD) in combined traffic counts, ensuring high visibility and accessibility. The B-2 (Highway Commercial) zoning allows for a diverse range of commercial uses, including retail and restaurants. Its proximity to major thoroughfares and established businesses like Peoples Bank, Giovanni's Pizza, and Clark's Pump-N-Shop, further enhances its appeal. The site's location is also advantageous due to its proximity to a Kroger Marketplace (2.4 miles) and Downtown Georgetown/Georgetown College (1.9 miles). Furthermore, the presence of Great Crossing High School, Elkhorn Middle School, and Western Elementary School across McClelland Circle creates a strong potential customer base. This property offers significant potential for developers seeking a high-traffic, well-located site in a thriving community. The asking price is $1,966,250. The address is 1878 Frankfort Pike, Georgetown, KY 40324.

Property profile
Verified
Property type Land
Lot 6.05 ac (263,538 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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