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4 Physicians Park Dr Frankfort, KY 40601

  • Commercial real estate
  • 8,031 SF
  • 1.05 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 4 Physicians Park Dr

Year built
1987
Lot size
1.05 lot acres
Property size
8,031 SF
Property type
Commercial real estate

Description

This exceptional 8,031-square-foot free-standing medical office building presents a unique investment opportunity in Frankfort, Kentucky. Strategically located within the Diagnostic Office Park, adjacent to Frankfort Regional Hospital, this property enjoys high visibility and convenient access. The building features a main level and a fully finished basement, offering the potential for two separate suites with independent entrances. The main level boasts 13 exam rooms, 10 offices, two spacious waiting areas, four bathrooms, and a dedicated storage area. All exam rooms are equipped with sinks, meeting all necessary medical guidelines. The basement level provides an additional 7 exam rooms, two offices, a small conference room, a kitchen/break room, three bathrooms, and storage space. While a previous appraisal indicated approximately 4,008 square feet on the main level and 4,031 square feet in the basement (with 431 square feet unfinished, previously used for medical records), potential buyers are advised to independently verify room counts and square footage. The basement is partially below grade. Recent upgrades (2023-2024) include a new roof, updated landscaping, and several new windows. This property's prime location and recent improvements make it ideal for an owner-occupant seeking a medical practice space near Frankfort Regional Hospital, offering both convenience and significant potential. The 1.05-acre lot provides ample space and parking. Sketches are available for reference only.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Frankfort
County
Franklin
State
Kentucky
Longitude
-84.9094
Latitude
38.1601
More about this property
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