We are pleased to present 5.1 acres of centrally-located land with prominent interstate visibility and quick access to both Interstate 64 and Highway 60. Currently zoned Professional Office, allowing office, medical office, and multi-family development, this property sits strategically for redevelopment in a highly-dense area consisting of office, retail, and multi-family in every direction. Prospective buyers are welcome to look at the existing building, however pricing is as-is and reflective of land value, with no value being attributed to the building. Property Highlights: - Prominent visibility from Interstate 64 - Centrally-located within the city of Frankfort - Supportive surrounding demographics and development for multi-family/redevelopment - Utilities to site The subject property is immediately surrounded by government, administrative, educational type office users. The general area is high-density retail including big box developments like Kohl's and Dick's Sporting Goods, hotels, as well as multi-family and mixed-use.
| MLS # | 24021917 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Contingent |
| Days On Site | 524 |
| Listing Provided By | Block + Lot Real Estate | Gregory Leveridge |
| Zoning | PO |
|---|---|
| Acreage | 5.10 |
| State | KY |
|---|---|
| County | Franklin |
| City | Frankfort |
| Zip Code | 40601 |
| Area | 014 Franklin County |
| Subarea | Franklin County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $685,000 low | high Med: $89,450 On site: 524 low | high Med: 53 | |
| State | KY |
|---|---|
| County | Franklin |
| City | Frankfort |
| Zip Code | 40601 |
| Area | 014 Franklin County |
| Subarea | Franklin County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $685,000 low | high Med: $89,450 On site: 524 low | high Med: 53 | |