101 Martin Luther King Jr Blvd - Commercial LAND FOR SALE


Frankfort, KY 40601 1,845,202 SF
$1,400,000 USD
859-224-2000
101 Martin Luther King Jr Blvd, Frankfort, KY for Sale
$1,400,000 USD
Commercial LAND - FOR SALE
1/6
1,845,202 SF

101 Martin Luther King Jr Blvd
Frankfort, KY 40601


HIGHLIGHTS

  • CL zoning permits a wide range of commercial development uses.
  • Positioned at the signalized intersection of Martin Luther King Jr. Boulevard and East-West Connector.
  • Surrounded by established residential, healthcare, and professional service uses.
  • Located within Kentucky's capital city near government and institutional employers.
  • Potential for +/-245 senior living or multifamily apartment units.
  • Accessible location serving nearby neighborhoods and commercial activity centers.

OVERVIEW

101 Martin Luther King Jr. Boulevard presents an opportunity to acquire a commercial development site positioned at the signalized intersection of Martin Luther King Jr. Boulevard and the East-West Connector in Frankfort, Kentucky. The property encompasses approximately 42.36 acres, including approximately 15 acres of usable development land, and is zoned CL (Limited Commercial), allowing for a broad range of commercial development opportunities. The site benefits from established surrounding infrastructure and is located among existing residential neighborhoods, healthcare-related uses, government services, and professional office users. Nearby businesses and institutions include Expree Credit Union, the Franklin County Health Department, Kentucky State University, and the historic downtown Frankfort district. This positioning provides access to a stable regional workforce, local consumer demand, and a variety of commercial activity drivers that support future development potential. The property's location within Kentucky's capital city offers connectivity to government employment centers and a diverse mix of retail, office, hospitality, healthcare, and residential uses. Marketing materials indicate potential for approximately 245 senior living or multifamily apartment units, creating an opportunity for residential or mixed-use development subject to applicable approvals and development requirements. With signalized access, commercial zoning, and proximity to established neighborhoods and community institutions, the property offers flexibility for developers, investors, and owner-users seeking a well-located land position in the Frankfort market.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/ACRE

$33,050/AC

PRICE/SF

$0.76 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

+/-15 AC usable development land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Multi-Family, Bar, Car Wash, Planned Unit Development, Veterinarian/Kennel

LAND ACRES

42.36 AC

LAND SF

1,845,202 SF

OFFSITE IMPROVEMENTS

-

ZONING

CL

APN/PARCEL ID

075-00-00-004.04

ASK ABOUT THIS PROPERTY

Jamie AdamsNAI IsaacMore Info
859-224-2000

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Jamie AdamsNAI IsaacMore Info
859-224-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.