Property profile

170-190 Kings Daughters Dr Frankfort, KY 40601

OFF-MARKET
Office Spaces
24,200 SF 1.49 ac lot Built 1985
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Property summary

AI-generated overview

This exceptional commercial real estate opportunity presents three meticulously renovated office buildings totaling 24,200 square feet on a 1.49-acre lot in Frankfort, Kentucky. Located at 170-190 Kings Daughters Drive, this Class C property boasts three buildings, each featuring two stories and offering a mix of private offices, spacious conference rooms, and updated break areas/kitchenettes. Completed in 2024, the extensive renovations included new roofs, flooring, repaved parking lots, and fresh interior and exterior paint and carpeting. The buildings are zoned CL and offer excellent potential for a variety of commercial uses, including medical offices and traditional office spaces. The property's strategic location provides easy access to major roadways, including I-64, ensuring convenient commutes to Lexington and Louisville. The surrounding area offers a vibrant mix of professional, retail, and healthcare services, including nearby Kroger, Chick-fil-A, Walmart, and the new Paddocks of Frankfort, a significant mixed-use development anchored by a large Target store. This prime location, coupled with the recent renovations, makes this property an attractive investment opportunity, offering the flexibility to be sold as a portfolio or individually. The property's APN is 050-00-00-059.00. The net rentable square footage is 24,220, spread across three units, built in 1985.

Property profile

Verified
Property type Office Spaces
Year built 1985
Total area 24,200 SF
Lot 1.49 ac (64,904 SF)

Cap rate & NOI

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

Location

170-190 Kings Daughters 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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