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1 Physicians Park 7,140 SF 100% Leased Office Building Frankfort, KY 40601 $849,999 ($119.05/SF)
Investment Highlights
- Located adjacent to Frankfort Regional Medical Center.
- Directly across from Western Hills High School.
- Positioned within an established medical and professional office park.
Executive Summary
Well-positioned two-story building located in an established medical and professional office park directly across from Western Hills High School. This highly visible and easily accessible property sits adjacent to Frankfort Regional Medical Center, offering excellent proximity for healthcare providers seeking a convenient, patient-friendly location.
The property benefits from strong surrounding growth and traffic, being just one mile from The Paddocks of Frankfort—a $150 million mixed-use development anchored by Target and BJ’s Wholesale Club, along with numerous retail, dining, and service amenities.
Ideal for medical or professional office use, this location provides a strategic blend of accessibility, visibility, and proximity to key community destinations.
The property benefits from strong surrounding growth and traffic, being just one mile from The Paddocks of Frankfort—a $150 million mixed-use development anchored by Target and BJ’s Wholesale Club, along with numerous retail, dining, and service amenities.
Ideal for medical or professional office use, this location provides a strategic blend of accessibility, visibility, and proximity to key community destinations.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,140 SF
Building Class
B
Year Built
1980
Price
$849,999
Price Per SF
$119.05
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,570 SF
Building FAR
0.33
Lot Size
0.50 AC
Zoning
PO
Parking
10 Spaces (1.4 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 050-00-00-071.00 | Improvements Assessment | $450,000 |
| Land Assessment | $100,000 | Total Assessment | $550,000 |
Property Taxes
Parcel Number
050-00-00-071.00
Land Assessment
$100,000
Improvements Assessment
$450,000
Total Assessment
$550,000
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1 Physicians Park