101 Martin Luther King Jr Blvd - +/-15 AC usable development land 42.36 Acres of Commercial Land Offered at $1,961,470 CAD in Frankfort, KY 40601

101 Martin Luther King Jr. Boulevard presents an opportunity to acquire a commercial development site positioned at the signalized intersection of Martin Luther King Jr. Boulevard and the East-West Connector in Frankfort, Kentucky. The property encompasses approximately 42.36 acres, including approximately 15 acres of usable development land, and is zoned CL (Limited Commercial), allowing for a broad range of commercial development opportunities.
The site benefits from established surrounding infrastructure and is located among existing residential neighborhoods, healthcare-related uses, government services, and professional office users. Nearby businesses and institutions include Expree Credit Union, the Franklin County Health Department, Kentucky State University, and the historic downtown Frankfort district. This positioning provides access to a stable regional workforce, local consumer demand, and a variety of commercial activity drivers that support future development potential.
The property's location within Kentucky's capital city offers connectivity to government employment centers and a diverse mix of retail, office, hospitality, healthcare, and residential uses. Marketing materials indicate potential for approximately 245 senior living or multifamily apartment units, creating an opportunity for residential or mixed-use development subject to applicable approvals and development requirements.
With signalized access, commercial zoning, and proximity to established neighborhoods and community institutions, the property offers flexibility for developers, investors, and owner-users seeking a well-located land position in the Frankfort market.