1 Martin Luther King Drive

Frankfort, KY
$ 950,000 Beds 0 Baths 0

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.

Com Lease

  • Price
  • $ 950,000
  • Lot Size
  • 42.36 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Frankfort
  • County
  • Style
  • Commercial Land
  • Area
  • Franklin County
  • MLS#
  • 1928680
  • Zip
  • 40601
Listing Provided by: RE/MAX Commonwealth



Board Loaded No
MLS Area Franklin County
Property SubType Commercial Land
Property Type Commercial Land
Region Areas
Sub Lease Expiration Date 1800-01-01T00:00:00
Subdivision Name Annex
Zoning Description commercial and residential

Exterior Features

Bathrooms 0.00
Lot Size Acres 42.36
Lot Size Square Feet 1845202.00
Lot Size Units Acres


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

12/30/2019 Listed $1,250,000
8/28/2020 24% - $950,000

Property vs Zip Code Average in 40601

AVG $1.02M
AVG 10


Areas That We Cover

1 Martin Luther King Drive Frankfort, KY is a Single Family Home for sale at $950000 and a lot size of 42.36 Acres Acre(s). 1 Martin Luther King Drive Frankfort has 0 bedrooms, 0 baths . The property's zip code is 40601 which is in Frankfort, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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