Property profile

452 Versailles Rd Frankfort, KY 40601

FOR SALE
Commercial land
Property ID
US34-1817281
Entity Owned 4-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

NAI Isaac is pleased to present 1.446 acres for sale on US 60 in Frankfort. The property is located adjacent to a Kroger Center and approximately 1.5 miles from I-64. 452 Versailles Road is located in a retail corridor along Versailles Road in the east-side of Frankfort situated between a large residential sector and the newly constructed Independence Bank. The property is located in close proximity to an abundance of retail including banks, gas stations, restaurants, grocery stores, etc. and approximately 1.5 miles from I-64, providing great amenities for employees.

Property profile

Verified
Property type Commercial land
UPID US34-1817281

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

452 Versailles Rd Frankfort, KY 40601
Frankfort metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2022
1 recorded transaction
2022
$375,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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