Development Land

For Sale

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

This Frankfort property for sale is located at 101 Martin Luther King Jr. Boulevard. The current listed sale price for Development Land is $1,400,000. Development Land is situated on a lot that is 42.36 acre in size.

Contacts

Jamie Adams, SIOR, CCIM

NAI Isaac

Property Details

  • Property Type VacantLand
  • Lot Size 42.36 Acre
  • Date Updated Aug 14, 2026
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.
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Highlights

  • ±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

Attachments

Getting around

  • 9/100

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  • 9/100

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Location

  • City Frankfort, KY
  • Zip Code 40601
  • Market Lexington

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

  • Capital Plaza Hotel

    1.40 miles

  • Home2 Suites by Hilton Frankfort

    2.47 miles

  • Holiday Inn Express

    2.61 miles

  • Hampton

    2.72 miles

  • Fairfield Inn & Suites

    2.73 miles

  • Best Western

    2.77 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

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