Catylist ID:
#30866666
| Catylist Listing ID: | 30866666 |
| Property Subtypes: | Hospitality, Industrial, Retail, Self Storage, Other |
| Gross Land Area: | 4.90 Acres |
| Sale Price: | $3,600,000 |
| Unit Price: | $734,693 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/19/2024 |
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 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |
