1 Martin Luther King Drive

Frankfort, KY
$ 1,250,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

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.

Land

  • Price
  • $ 1,250,000
  • Lot Size
  • 42.36 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Frankfort
  • Taxes
  • 175230
  • County
  • FRANKLIN
  • Style
  • Residential,Commercial
  • Area
  • Franklin County
  • MLS#
  • 1905478
  • Zip
  • 40601
Listing Provided by: RE/MAX Commonwealth

Features

General

Best Use Residential, Commercial
Board Loaded No
MLS Area Franklin County
Possession Negotiable
Present Use Other
Property SubType Lot
Property Type Land
Region Areas
Sewer Public Sewer
Sub Lease Expiration Date 1800-01-01T00:00:00
Subdivision Name Annex
Tax Rate 14.0184

Interior Features

Utilities Electricity Available, Water Available

Exterior Features

Bathrooms 0.00
Lot Dimensions 42.36 acres
Lot Size Acres 42.36
Lot Size Square Feet 1845202.00
Lot Size Units Acres
Water Source City

Amenities

  • 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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Shelbyville, KY office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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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.

Schools

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

Price History

3/21/2019 Listed $1,250,000

Property vs Zip Code Average in 40601

Price
AVG $510K
$1.25M
Taxes
AVG $63,039
$175,230
Visits
AVG 26
121

Map

Areas That We Cover

1 Martin Luther King Drive Frankfort, KY is a Single Family Home for sale at $1250000 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.