0 Capital Plz Frankfort, KY 40601
This exceptional 4.19-acre commercial land parcel presents a unique investment opportunity in Frankfort, Kentucky. Strategically located behind Big Lots and Walgreens, on Capital Plaza West, this property enjoys high visibility and accessibility at the intersection of Highway 127 Bypass and Kings Daughters Drive. Zoned PC-Planned Commercial district, this site offers significant potential for a variety of commercial developments. The single-tenant zoning allows for focused development, minimizing complexities associated with multi-tenant properties. With a total land area of 4.19 acres, there's ample space for substantial construction. The property's location within the thriving commercial corridor ensures high traffic volume and exposure to a large customer base. This prime location offers excellent potential for businesses seeking a high-profile presence in a rapidly growing area. The property is available for lease, providing an ideal opportunity for businesses looking to establish or expand their operations in a strategic location within Franklin County. Detailed zoning information and development guidelines are available upon request. This is a rare opportunity to acquire a significant commercial land parcel in a highly desirable location. Contact us today to learn more about this exceptional property and explore its development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.