For Sale | Retail Development Opportunity | Frankfort, KY

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30508793
Property Subtypes: Retail, Retail-Pad
Status: Pending
Gross Land Area: 1 Acre
Sale Price: $100,000 - 350,000
Unit Price: $100,000 - 350,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/10/2021

Overview / Comments

UNDER CONTRACT - 1 acre in Frankfort, Kentucky for sale or build-to-suit. Excellent visibility and access from Louisville Road. Juniper Hills Golf Course and Aquatic Center backs up to the property, presenting beautiful rolling hills and manicured fairways, making it an ideal location for a restaurant with patio. The average daily traffic count on Louisville Road in front of the site is +/-12,230 ('18) VPD.

Attachments & Media

Additional Details

Nearest MSA: Frankfort
County: Franklin
Tax ID/APN: 049-40-09-003.00
Property Visibility: Excellent
Traffic/Vehicle Count: 12,230
Site Description: Located approximately 1.5 miles off of I-64 at Exit 53B in Frankfort, KY. The property is situated in a high traffic area near the intersection of US 127 & US 60 in Frankfort's major retail corridor.
Area Description: Frankfort, the Capital of the Commonwealth, is bisected by the Kentucky River and is the midway point between Kentucky' s two largest markets of Lexington and Louisville. Frankfort is 29 miles west of Lexington, 54 miles east of Louisville and 107 miles southwest of Cincinnati. Frankfort is home to Kentucky State University, a four year liberal arts college, with an enrollment of 2,400 students. Frankfort also has a Sports and Convention Center which seats 8,500 and attracts many concerts, sporting events and art exhibits to the city. The city of Frankfort has grown steadily, relying on state government, manufacturing and spirits distilling to provide a strong employment base.
Lot Frontage: 255
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,402 24,212 42,015
Median Age: 42.93 36.82 39.25
Households: 2,496 10,399 17,787


Photograph of Listing Agent

Jamie Adams

NAI Isaac KCREA Member
Photograph of Listing Agent

J.L. Cannady

NAI Isaac KCREA Member
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