102 Shepherd Way Frankfort, KY ^$ 742,500

102 Shepherd Way

^$ 742,500

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Recently Listed

102 Shepherd Way

Frankfort, KY, 40601

^$ 742,500

Studio Baths0.0

Monthly Estimate*

^$ 4,572

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Studio

Lots and Land for sale in Frankfort, KY

for $742,500. The lot size is 1.35.

1.35 acres of commercial land for sale in Frankfort, Kentucky with high traffic counts, great visibility and signage. This parcel is zoned Planned Commercial with frontage on Leestown Road. Located between Speedway and The Good Shepherd Church/School and across from Frankfort Toyota. New apartment complex with 88 units and 93 town homes are currently under construction right behind these lots. Can be combined with 101 Shepherd way for a total of 2.66 acres.

Lots and Land Active

Price

^$ 742,500

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Unimproved Land

Lot Size

1.35

Town/City

Frankfort

County/Region

Franklin

MLS | Web ID

25001533

Features

General

Property Subtype Unimproved Land

Parcel Number 0860000028.08

County Franklin

New Construction N

Property Type Land

Subdivision Name Commercial

Status Active

Directions Located between Speedway and Good Shepherd Church on Leestown Road

City Frankfort

Zoning Description Planned Commercial

MLS Area 014 - Franklin County

Lot Size Units Acres

Lot Size Square Feet 58806.0

Land Lease Y/N N

MLS Area Minor 014 - Franklin County

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Senior Community None

Water Body Access Y/N None

Accessibility Features Y/N None

Exterior

Lot Size Area 1.35

Lot Size Acres 1.35

Crops Included Y/N N

Irrigation Water Rights Y/N N

Interior

Total Baths 0

Internal Only

Street Number 1 102

* Excluded Features

List By

The Gibson Company

Broker

kverhoven@thegibsoncompany.com

Affordability Calculator

$4,572

Per Month

Monthly Principal & Interest: $4,572
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Lots and land listings in Frankfort, KY

Average List Price ^$511,361

Percent of Sale Price 31%

About Frankfort, KY

28,237 Population

3% Since 2002

^$45,871 Median Income

38.14 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

458656 Elementary School

458772 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/21/2026	$742,500		Listed Price

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102 Shepherd Way, Frankfort, KY, 40601 is a Lots and Land for sale at $742,500 with a lot size of 1.35. 102 Shepherd Way is a studio with 0.0 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 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of Bluegrass REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Bluegrass REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 1/27/2026.

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102 Shepherd Way

Lots and Land for sale in Frankfort, KY

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