Frankfort, KY
Commercial Real Estate Market Trends & Data

Frankfort's Demographic Profile

Frankfort has 11,969 households and a median income of $53,553, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 27,106
# Households 11,969
Median age 39
Median household income $53,553
Avg household size 2.0
Renter-occupied housing units 6,122
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Frankfort, KY

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Frankfort $102 35,885 SF
Stamping Ground $104 2,725 SF
Owenton $68 9,600 SF
Lexington $288 10,891 SF
Wilmore $123 1,867 SF

Commercial Properties For Sale in Frankfort

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

100% Occ. 12-Unit Multifamily Investment

Frankfort, KY

  • $1,150,000
For Sale

Frankfort Apartments Portfolio

Frankfort, KY

  • $973,999
For Sale

345 Jones Ln

Frankfort, KY 40601

  • 7.70 AC Lot
  • 1 Commercial Lot
  • $1,500,000
For Sale

Bourbon On Main-Business & Real Estate

Frankfort, KY 40601

  • 2,600 SF Retail Building
  • $825,000
For Sale

NNN Investment | Single-Tenant Industrial

Frankfort, KY 40601

  • 20,998 SF Industrial Building
  • $1,995,000
For Sale

Ford Dealership

Frankfort, KY 40601

  • 25,000 SF Retail Building
  • $4,250,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Frankfort pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Frankfort $111 20,117 SF
Stamping Ground $104 2,725 SF
Shelbyville $196 24,534 SF

Regional Demographic Comparison

This comparison places Frankfort alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Frankfort or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Frankfort 27,106 11,969 39 $53,553 2 6,122 1%
Midway 1,504 546 40 $79,049 2 166 -1%
Stamping Ground 799 294 39 $63,857 3 84 9%
Shelbyville 18,547 6,943 36 $70,129 3 3,094 5%
Lawrenceburg 11,624 4,638 40 $52,836 2 1,541 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Frankfort, KY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Frankfort

View All Commercial Real Estate For Sale in Frankfort
Is Frankfort a good market for a first-time commercial real estate investor?

Frankfort offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Frankfort?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Frankfort. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Frankfort?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Frankfort. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Frankfort compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Frankfort. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Frankfort acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Frankfort, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.