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    OFF-MARKET
    Commercial real estate

    406 Scruggs Ln, Frankfort, KY 40601

    5.1 ac lot
    Property ID
    US34-1481244
    Property summary
    AI-generated overview

    This exceptional 5.1-acre commercial land parcel presents a unique investment opportunity in Frankfort, Kentucky. Located at 406 S Scruggs, Franklin County, KY 40601 (APN 094-00-00-033.01), this property offers significant potential for various commercial developments. The expansive lot provides ample space for a wide range of projects, catering to diverse business needs. Its prime location within Frankfort offers convenient access to key transportation routes and urban amenities. The asking price for this substantial land holding is $1,000,000. This represents a compelling opportunity to acquire a significant land asset in a desirable Kentucky location. The property's size and strategic location make it an attractive proposition for developers and investors seeking a foothold in the thriving Frankfort commercial market. Detailed site surveys and environmental assessments are recommended to fully understand the development potential of this remarkable property. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers. The property is zoned for commercial use, although buyers should conduct their own due diligence to confirm zoning and permitted uses. This is a rare opportunity to acquire a large tract of land in a growing area.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.1 ac (222,156 SF)
    APN 094-00-00-033.01
    UPID US34-1481244
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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