Property profile

0 Hwy 127 Frankfort, KY 40601

OFF-MARKET
Land
0.57 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional opportunity presents multiple commercial land parcels ideally situated along US Highway 127 S in Frankfort, Kentucky, within the CH-HIGHWAY COMMERCIAL DISTRICT zoning. This allows for a variety of uses, generally including retail, office, and service establishments. The available lots range in size from 0.57 acres to 1.9 acres, offering flexibility for various development projects. Specific lot sizes and pricing are as follows: Lot 1 (1.605 acres, $200,000), Lot 2 (1.862 acres, $290,000), Lot 3 (0.953 acres, $180,000), Lot 4 (1.898 acres, $285,000), Lot 5 (1.286 acres, $160,000), Lot 6 (1.576 acres, $215,000), and Lot 7 (0.57 acres, $100,000). All lots are located on Water Tower Place in Franklin County, Kentucky, zip code 40601. The property's strategic location on a major highway provides excellent visibility and accessibility, making it an attractive investment for businesses seeking high traffic exposure. This presents a rare chance to acquire prime commercial land in a thriving Kentucky market. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure your piece of Frankfort's commercial future.

Property profile

Verified
Property type Land
Lot 0.57 ac (24,829 SF)

Cap rate & NOI

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

Location

Hwy 127 Frankfort, KY 40601
Frankfort metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Hwy 127?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message