Exceptional opportunity to own 0.183 acres of CG-zoned (General Commercial) land in a high-visibility location directly across from Kentucky State University. This vacant development. Situated on E Main Street, a well-trafficked corridor, it benefits from strong vehicle and pedestrian flow, making it ideal for businesses targeting both the university and local community. Public utilities available. Don't miss your chance to develop in one of Frankfort's most strategic and growing areas!
Sold for $18,500
$18,500
531 E Main St, Frankfort, KY 40601
--beds
0baths
7,840Square Feet
Unimproved Land
Built in ----
7,840.8 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,251 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,251/mo
Zestimate® history
Owner options
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$1,251/mo
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$1,251/mo
Rent Zestimate®
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$91/mo
Est. payment
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$91/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Sean A McGovern 859-619-6146,
RE/MAX Creative Realty
Bought with:
Sivling Lo, 291333
Lo Realty
Source: Imagine MLS,MLS#: 25012203
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 7,840 sqft
- Dimensions: 40 x 42 x 197 x 203
- Features: Cleared, Irregular Lot, Rolling Slope
- Topography: Rolling Slope, Cleared
Details
- Parcel number: 0742403003.00
- Zoning: Other
- Zoning description: CG Commercial General
- Special conditions: Standard
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available
Community & neighborhood
Location
- Region: Frankfort
- Subdivision: Downtown
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2025 | Sold | $18,500-7.5% |
Source:  Imagine MLS #25012203 Report a problem | ||
| 9/19/2025 | Contingent | $20,000 |
Source: Imagine MLS #25012203 Report a problem | ||
| 8/28/2025 | Listed for sale | $20,000+25% |
Source: Imagine MLS #25012203 Report a problem | ||
| 5/7/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/6/2025 | Listed for sale | $16,000+113.3% |
Source: Owner Report a problem | ||
| 6/28/2022 | Sold | $7,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $97 +1% | $8,000 |
| 2023 | $96 +0.9% | $8,000 |
| 2022 | $95 -1.2% | $8,000 |
| 2021 | $96 +511.5% | $8,000 |
| 2020 | $16 | $8,000 |
| 2019 | -- | $8,000 |
| 2018 | -- | $8,000 |
| 2017 | $107 | $8,000 |
| 2016 | $107 | $8,000 |
| 2015 | $107 | $8,000 |
Find assessor info on the county website
Neighborhood: 40601
Nearby schools
GreatSchools rating
- 4/10Elkhorn Elementary SchoolGrades: 1-5Distance: 1 mi
- 5/10Elkhorn Middle SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Franklin County High SchoolGrades: 9-12Distance: 1.6 mi
- Kentucky
- Franklin County
- Frankfort
- 40601
- 531 E Main St
Nearby cities
Nearby zip codes
Other Frankfort Topics
