$20,000

531 E Main St Frankfort, KY 40601

Estimated payment $116/month

Total Views 424
0.18 Acre
$111,111 Price per Acre
7,841 Sq Ft Lot

About This Lot

Exceptional opportunity to own 0.183 acres of CG-zoned (General Commercial) land in a high-visibility location directly across from Kentucky State University. This vacant development. Situated on E Main Street, a well-trafficked corridor, it benefits from strong vehicle and pedestrian flow, making it ideal for businesses targeting both the university and local community. Public utilities available. Don't miss your chance to develop in one of Frankfort's most strategic and growing areas!

Listing Agent

Sean Mcgovern

RE/MAX Creative Realty License #192228 Listed on: 06/09/2025

RE/MAX Creative Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $97

Lot Details

  • 7,841 Sq Ft Lot
  • Zoning described as CG Commercial General

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074-24-03-003.00

Property Details

Property Type

Land

Est. Annual Taxes

$97

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub-Type: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Size Area: 0.18
  • Possible Use: Professional, Residential, Commercial

Exterior Features

  • List Price: 20000.0
  • Lot Features: Cleared, Irregular Lot, Rolling Slope

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available

Lot Info

  • Topography: Rolling Slope, Cleared
  • Lot Dimensions: 40x42x197x203
  • Current Use: Vacant, Commercial
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841.0
  • Number of Lots: 1
  • Parcel Number: 074-24-03-003.00
  • Zoning Description: CG Commercial General

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $97 $8,000 $0 $0
2023 $96 $8,000 $0 $0
2022 $15 $8,000 $0 $0
2021 $94 $8,000 $0 $0
2020 $95 $8,000 $8,000 $0
2019 $97 $8,000 $8,000 $0
2018 $97 $8,000 $8,000 $0
2017 $16 $8,000 $8,000 $0
2016 $91 $8,000 $8,000 $0
2015 $484 $8,000 $8,000 $0
2011 $484 $40,000 $8,000 $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $20,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Commissioners Deed $7,500 None Listed On Document
Source: Public Records

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25012203

ImagineMLS (Bluegrass REALTORS®)

APN: 074-24-03-003.00