Catylist ID:
#30866666
PRICE REDUCTION Prime Highway Commercial in Frankfort
Vacant Land
for Sale
Catylist Listing ID: | 30866666 |
Property Subtypes: | Hospitality, Industrial, Retail, Retail-Pad, Self Storage, Other |
Gross Land Area: | 4.90 Acres |
Sale Price: | $3,200,000 |
Unit Price: | $653,061 Per Acre |
Sale Terms: | Cash to Seller |
Cap Rate: | Undisclosed |
Last Updated: | 5/17/2024 |
Overview / Comments
We are pleased to present this rare opportunity to own 4.9 Acres of Highway Commercial property in Frankfort! Located right off of I-64, this is a prime location. This location was built for a Truck and Equipment dealership. With sewer, water, electric, gas already present, this is an ideal property to begin using immediately. The property is being sold As-Is, All Buildings and improvements to be removed from the site during an equipment auction. This property would be ideal for a Hotel, Truck Stop, Gas Station, Vehicle Rental/ Dealership, etc. There is only 1 other gas station off of this exit, so there is a need on this side of Lawrenceburg Rd! Total of 3 Parcels to be sold together, there are additional listings for the sale of the individual parcels. Lot 1,1A: 2.74 Acres Lot 2: .62 Acres Lot 4A: 1.58 Acres Owner is selling property as-is. Hwy 127 through Frankfort sees an average of 24999 VPD |
Additional Details
Nearest MSA: | Frankfort |
County: | Franklin |
Tax ID/APN: | 050-00-00-095.05 |
Zoning: | HIGHWAY COMMERCIAL- CH |
Property Located Between: | Old Lawrenceberg Rd / I-64 |
Property Visibility: | Excellent |
Largest Nearby Street: | Hwy 127/ Lawrenceburg Rd |
Highway Access: | Located at the On/ Off Ramp of I-64. Easy Access on and off I-64. |
Airports: | Located in between Louisville Muhammad Ali International SDF and Bluegrass LEX Airports |
Site Description: | This site is ready to build, with Sewer, Water, Electricity, Gas present. |
Area Description: | Frankfort is the state capital of Kentucky, located 29 miles west of Lexington, 54 miles east of Louisville, and 107 miles southwest of Cincinnati. |
Zoning Description: | Highway Commercial |
Available Utilities: | Electric, Water, Gas, Sewer |
Water Service: | Municipal |
Sewer Type: | Municipal |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 3,812 | 18,781 | 40,257 |
Median Age: | 39.15 | 38.77 | 39.51 |
Households: | 1,909 | 7,694 | 17,047 |
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