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- LoopNet Team
190 Democrat Drive
Frankfort, KY 40602
190 Democrat Drive · Land For Sale
·
5.10 AC
INVESTMENT HIGHLIGHTS
- Prominent visibility from Interstate 64
- Supportive surrounding demographics and development for multi-family/redevelopment
- Centrally-located within the city of Frankfort
- Utilities to site
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 5.10 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | |||
| Zoning | PO - Professional Office allows for office, medical office, and multifamily use | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.10 AC |
| No. Stories | 1 |
| Zoning | PO - Professional Office allows for office, medical office, and multifamily use |
DESCRIPTION
Block+Lot is 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. 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. The property two lots eastward from the subject property was recently rezoned from Professional Office to General Commercial, which may set precedent for zone change at buyer discretion.
PROPERTY TAXES
| Parcel Number | 087-00-00-042.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $800,000 |
PROPERTY TAXES
