Frankfort, KY Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30623459
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 1 - 90 Acres
Sale Price: $850,000 - 1,000,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/28/2023

Overview / Comments

PROPOSED RETAIL DEVELOPMENT
+95± acres available for development
+Outlots available along Lawrenceburg Road (US Highway 127)
+Located at the Interstate 64 & Lawrenceburg Road interchange in Frankfort’s primary retail trade area
+Trade area retailers include Lowes, Walmart, Kroger, Cinemas, Walgreens, Staples, Office Depot
+Frankfort, the capital of Kentucky, is situated in between Kentucky’s two largest cities; 38 miles east of Louisville & 22 miles west of Lexington
+Traffic counts:
-40,724 CPD on Interstate 64
-29,000 CPD on Lawrenceburg Road (US Highway 127)

Additional Details

Nearest MSA: Frankfort
County: Franklin
Tax ID/APN: 050-00-00-024.00
Zoning: CH - HIGHWAY COMMERCIAL
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,643 21,924 40,257
Median Age: 40.39 38.03 39.51
Households: 2,738 9,049 17,047

Contact

Photograph of Listing Agent

Robert C Schwartz

CBRE Inc. KCREA Member
Photograph of Listing Agent

Clay Hunt

CBRE Inc. KCREA Member
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