406 Scruggs Ln, Frankfort, KY 40601
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.
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.