$750,000
Frankfort, KY 40601
MLS# 1928680
Status: Closed
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Property Description
Located on the East West Connector in Frankfort. This property sits on the corner of two four lane roads and has strong commercial properties on two sides and Kentucky State University's entrance approximately 1/4 mile away. Frankfort's newest commercial park and occupants include, Kentucky State Crime Lab, Commonwealth Credit Union, Social Security Administration, Cabinet for Health and Human Services, and more. Highest and best use is much needed P3 student housing for KSU. Sellers are willing to trade property and/or owner finance. Sellers are also willing to build to suit. Agent owned.
Details
Status Change Information
Price Change Timestamp: 2020-11-20T13:58:38Z
Status Change Timestamp: 2020-11-20
Purchase Contract Date: 2020-11-17
Close Date: 2020-11-18
Close Price: 750000
Buyer Financing: Cash
Sale Type: Arms Length Sale
Address
County: Franklin
Street Number: 1
Street Name: Martin Luther King
Street Suffix: Drive
State: KY
Zip Code: 40601
Directions: East Main St to Martin Luther King, property is located on the right
Parcel Number: 075-00-00-004.04
Contract
Current Price: $750,000
Original List Price: 1250000
Status: Closed
Start Showing Date: 2019-12-30
Listing Contract Date: 2019-12-30
Sold Price: $750,000
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 26558.07
List Price/SqFt: 0.61
Sold Price/Acre: 17705.38
Sold Price/SqFt: 0.41
SP/LP: 0.67
Lot
Lot Size Acres: 42.36
Lot Size Square Feet: 1845203.29
Remarks
Public Remarks: Located on the East West Connector in Frankfort. This property sits on the corner of two four lane roads and has strong commercial properties on two sides and Kentucky State University's entrance approximately 1/4 mile away. Frankfort's newest commercial park and occupants include, Kentucky State Crime Lab, Commonwealth Credit Union, Social Security Administration, Cabinet for Health and Human Services, and more. Highest and best use is much needed P3 student housing for KSU. Sellers are willing to trade property and/or owner finance. Sellers are also willing to build to suit. Agent owned.
Listing Information
Property Sub Type: Unimproved Land
Tax Legal
MLS Area Major: 014 - Franklin County
Subdivision Name: Annex
Property Features
Listing Office: Marshall Lane Real Estate
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.