+/-3.33 AC Development Lot

109 Diagnostic Dr Frankfort, KY 40601

109 Diagnostic Dr, Frankfort, KY, 40601
109 Diagnostic Dr, Frankfort, KY, 40601 109 Diagnostic Dr, Frankfort, KY, 40601
FOR SALE
Property Type:
Other Land
Amount:
$199,900
Last Verified:
Apr 29, 2024

Highlights

  • +/-3.33 AC development lot adjacent to Frankfort Regional Medical Center
  • Prime location for business development
  • Ideal for medical or professional offices, retail or hospitality use
  • Close proximity to I-64 and downtown Frankfort
  • Zoned Commercial
  • Sale Price: $199,900

Description

NAI Isaac is pleased to present +/-3.33 AC for sale in Frankfort. This property presents a versatile investment suitable for a range of businesses, including medical or professional offices, retail, or hospitality ventures.

Located on the northwest quadrant of I-64 and Lawrenceburg Road (US 127) in Frankfort, Kentucky. Frankfort is the state capitol and is located between Lexington and Louisville. Frankfort is 25 miles west of Lexington, 54 miles east of Louisville and 79 miles southwest of Cincinnati.

Building Size: 0sq ft
Lot Size: 3.33 acres


Documents

109 Diagnostic Dr, Frankfort

Map of 109 Diagnostic Dr, Frankfort, KY, 40601

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.