Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    12893 Frogtown Connector Rd Walton, KY 41094
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12893 Frogtown Connector Rd Walton, KY 41094

    View on Map
    • Commercial land
    For Lease
    View Listing →
    3.126 AC Commercial Land Available For Lease
    Contact for pricing

    3.126 AC Commercial Land Available

    Commercial land for rent near future Drake's restaurant site.

    12893 Frogtown Connector Rd, Walton, KY 41094
    View Listing
    Property ID
    US34-2256785
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 12893 Frogtown Connector Rd

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    3.126 AC opportunity available adjacent to site of future Drake's restaurant Located at Exit 175 off of I-71/75 (120,949 VPD) at Richwood Road (16,219 VPD) and Frogtown Connector Road in Richwood, KY Prominent retail trade area with excellent visibility and high traffic counts

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Walton
    County
    Boone
    State
    Kentucky
    Longitude
    -84.631983
    Latitude
    38.928465

    Comparable in this City

    • Contact for pricing

      Commercial Land Near Interstate 75

      Commercial land available for ground lease near I-75.
      625 Chestnut Dr, Walton, KY 41094
      View Details
    • Contact for pricing

      Heated Industrial Space Available

      11,300 sq ft heated industrial space with drive-in door.
      57 Cummings Dr, Walton, KY 41094
      View Details
    • Contact for pricing

      New Distribution Development For Lease

      New distribution development for lease in Walton, Kentucky.
      Dixie Hwy, Walton, KY 41094
      View Details
    • $5 SF/Yr
      543,512 SF

      Spacious Industrial Building with Visibility

      543,512 SF industrial building with interstate visibility available for lease.
      40 Logistics Blvd, Walton, KY 41094
      View Details
    • Contact for pricing

      Industrial Space Near Airport

      Industrial space for sublease near Cincinnati/Northern Kentucky International Airport.
      200 Richard Knock Hwy, Walton, KY 41094
      View Details
    • Contact for pricing
      744,888 SF

      Northern Kentucky Warehouse Space Available

      744,888 SF warehouse space for lease in Richwood, Kentucky.
      500 Innovation Way, Richwood, KY 41094
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Richwood Equestrian Pad Ready Lots

      Three pad-ready commercial lots available near Interstate 75.
      476 Davis Ln, Walton, KY 41094
      View Details
    • $250,000

      Industrial Land in Walton, KY

      Versatile industrial land suitable for mixed-use development.
      105 High St, Walton, KY 41094
      View Details
    • $6,700,000
      167.00 Acres

      Prime Walton KY Industrial Land

      167 Acres, Rail Access, I-71/75 Proximity
      13700 Dixie Hwy, Walton, KY 41094
      View Details
    • Contact for pricing
      640,000 SF

      Industrial Land Ready For Development

      50 AC build to suit site ideal for manufacturing.
      Old Lexington Pike, Walton, KY 41094
      View Details
    • Contact for pricing

      Industrial Land Ready to Go

      Industrial land with utilities and zoning in Walton, Kentucky.
      Mary Grubbs Hwy, Walton, KY 41094
      View Details
    • Contact for pricing

      Prime Industrial Land for Development

      Large acreage suitable for industrial park or single user.
      13700 Dixie Hwy, Walton, KY 41094
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land Near Interstate 75

      Commercial land available for ground lease near I-75.
      625 Chestnut Dr, Walton, KY 41094
      View Details
    • Contact for pricing
      744,888 SF

      Northern Kentucky Warehouse Space Available

      744,888 SF warehouse space for lease in Richwood, Kentucky.
      500 Innovation Way, Richwood, KY 41094
      View Details
    • Contact for pricing
      523,884 SF

      Available Industrial Space in Richwood

      523,884 SF industrial space for lease near Cincinnati Airport.
      505 Innovation Way, Richwood, KY 41094
      View Details
    • Contact for pricing

      New Retail Space Available

      Modern retail spaces in high-traffic area, build to suit.
      460 Davis Ln, Walton, KY 41094
      View Details
    • Contact for pricing

      Retail Space in Kroger Anchored Center

      Retail space available in a Kroger Marketplace anchored shopping center.
      625 Chestnut Dr, Walton, KY 41094
      View Details
    • Contact for pricing
      891,314 SF

      Spacious Logistics Center with Loading

      891,314 SF logistics center with 3-sided loading potential.
      100 Final Mile Blvd, Walton, KY 41094
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12893 Frogtown Connector Rd
    Walton, KY 41094
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!