Development Land

For Sale

101 Martin Luther King Jr. Boulevard, Frankfort, KY 40601

Located in Kentucky's capital city, this development site benefits from a strategic position along the rapidly expanding east side of Frankfort. The property sits at the signalized intersection of Martin Luther King Jr. Boulevard and the East-West Connector, providing convenient access throughout the city and to major transportation corridors. Frankfort benefits from a consistent government workforce and visitor base, while Kentucky State University, Buffalo Trace Distillery, the Kentucky River, and the historic downtown district provide additional demand drivers for retail, restaurant, hospitality, office, event, and adaptive reuse concepts.NAI Isaac is pleased to present +/-42.36 AC for sale in Frankfort. Great commercial development opportunity in one of Frankfort's fastest-growing corridors. Located at the signalized intersection of Martin Luther King Jr. Boulevard and the East-West Connector, this property provides excellent accessibility and exposure for a wide variety of commercial and mixed-use developments.

Key features

  • ±15 acres of usable development land
  • ±42.36 AC commercial development opportunity
  • Frankfort benefits from a consistent government workforce and visitor base, while Kentucky State University, Buffalo Trace Distillery, and the historic downtown district provides demand for retail, restaurant, hospitality, office, and adaptive reuse concepts
  • Located at the signalized intersection of Martin Luther King Jr. Boulevard and East-West Connector
  • Nearby businesses include Expree Credit Union, Franklin County Health Department, and other professional services
  • Potential for +/-245 senior living or multifamily apartment units
  • Surrounded by established residential neighborhoods, healthcare providers, and commercial businesses
  • Zoned CL (Limited Commercial) allowing a wide variety of commercial uses

Building Details

  • For Sale $1,400,000
  • Property Type VacantLand
  • Lot Size 42.36 Acre
  • Additional Rent Price on request
  • Date Updated Aug 19, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Jamie Adams, SIOR, CCIM

NAI Isaac

Location

  • City Frankfort, KY
  • Zip Code 40601
  • Market Lexington
  • Walk score 9/100 Car-Dependent
  • Bike score 9/100 Somewhat Bikeable
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Points of Interest

Sunoco

1.52 miles

Speedway

1.68 miles

Kroger

1.85 miles

BP

2.55 miles

Shell

2.63 miles

Marathon

2.73 miles

KYTC Empl Ent West

1.30 miles

Cliffside Diner

0.72 miles

Andy's Artisan Bread

0.80 miles

Gibby's

1.15 miles

Main Street Diner

1.17 miles

Buddy's Pizza

1.17 miles

Rick's White Light Diner

1.18 miles

Capital Cellars Wine & Spirits Café Market

1.18 miles

Serafini

1.21 miles

Casa Fiesta

1.50 miles

Locals Food Hub & Pizza Pub

1.54 miles

Save-A-Lot

1.53 miles

American Freight

1.74 miles

Kroger

1.91 miles

Kohl's

2.38 miles

TJ Maxx

2.43 miles

ALDI

2.75 miles

Walmart Supercenter

2.95 miles

Frankfort City Police Station

1.11 miles

Frankfort Fire and EMS Station #1

1.16 miles

Walgreens

1.62 miles

Franklin Co Sheriff

1.96 miles

CVS Pharmacy

2.45 miles

Frankfort Regional Medical Center

3.32 miles

Listing Summary

  • What is the asking price at Development Land?

    Development Land is currently listed for sale at Price on request.

Contact Jamie Adams, SIOR, CCIM
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