Financial
Distress signals
Property profile

1878 Frankfort Rd Georgetown, KY 40324

FOR SALE
Other commercial real estate
Property ID
US34-1901616
2,636 SF 6.05 ac lot
Last sale Jun 2006 · $44,359
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 6.05-acre commercial land tract in Georgetown, Scott County, Kentucky, zoned B-2 (Highway Commercial), allowing for a range of retail, restaurant, and other highway-oriented commercial uses. The property is situated at the intersection of McClelland Circle (U.S. 460 Bypass) and Frankfort Pike (US 460) at 1878 Frankfort Road, providing direct access to Frankfort, KY via Frankfort Pike and convenient reach to most of Georgetown within a short drive. The surrounding area includes nearby

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$254k
Assessed land$240k
Assessed improvement$14k
Effective rate0.91%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$101/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$57 – $163

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSCOTT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency20.2
Restaurant17.4
Auto Repair Shop16.1

Location

1878 Frankfort Rd Georgetown, KY 40324
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
142 Main, Georgetown, KY 40324-1758 $180,000 Jul 2025 2,400 SF
134 Main, Georgetown, KY 40324-1758 $235,000 Feb 2025 2,280 SF
143 Main, Georgetown, KY 40324-1320 $637,500 Dec 2024 4,080 SF
113 Etter, Georgetown, KY 40324-9340 $1,500,000 Apr 2023 3,861 SF
112 Penn, Georgetown, KY 40324-1803 $110,000 Feb 2023 4,000 SF
149 Main, Georgetown, KY 40324-1763 $630,000 Oct 2022 3,936 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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