Retail Development Land in
For Lease
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2489 Lakeway Drive, Russell Springs, KY 42642
1.1 acres of retail development land in Russell Springs, KY.
Space SizeContact for details
Lot Size1.10 Acres
Days on Market253
Property Features for 2489 Lakeway Drive
General Information
Standard status
Active
Lot size
1.10 Acres
Property subtype
Land
Spaces For Lease
at 2489 Lakeway Drive
2489 Lakeway Drive - Lot 4
Term
Negotiable
Rate
Contact for pricing
Listing Agency:
SVN Stone Commercial Real Estate
Listed By:
Weston Lockhart · License #245654
(859) 317-3538
Source:
Svn
Added: Jan 27
Changed: Sep 12
Last Checked: Oct 7 at 10:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Stone Commercial Real Estate
Investment Insights
Based on property information with market context.
Located within the Key Village Shopping Center in Russell Springs, KY, this 1.1-acre retail development land offers significant potential. The property, situated at 2489 Lakeway Drive, benefits from its location at the intersection of US 127 and Lakeway Drive, providing excellent visibility and frontage. The site previously housed a Sonic restaurant. The location sees over 11,000 vehicles per day. Zoned C-1 (Highway Oriented Commercial), the land accommodates various retail, wholesale, and service-oriented businesses. The property presents an opportunity for revitalization or redevelopment, joining established retailers in the corridor such as Kroger, McDonalds, Advance Auto Parts and Dairy Queen. Russell Springs offers a blend of small-town charm and modern amenities, near Lake Cumberland, attracting both residents and tourists, providing a diverse customer base for retailers. The property is available for lease or sale.
Key Highlights
- High Visibility Location: Excellent frontage on US 127 and Lakeway Drive with over 11,000 vehicles per day.
- Flexible C‑1 Zoning allows for numerous types of retail, wholesale, and service‑oriented businesses.
- Key Village Shopping Center Location: Join established retailers like Kroger, McDonalds, Advance Auto Parts and Dairy Queen.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
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Business Placement
Demographics for 42642, KY
12,939
Population
6,453
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
140.2 sq mi
ZIP Area
92
Density / Sq Mi
$54,100
Median Household Income
$36,281
Median Earnings
$686
Median Rent
$138,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.1 acres of retail development land in Russell Springs, KY.
Where is this commercial land located?
The property is located at 2489 Lakeway Drive Russell Springs, KY.
What are key features of this property?
This property features: High Visibility Location: Excellent frontage on US 127 and Lakeway Drive with over 11,000 vehicles per day.; Flexible C‑1 Zoning allows for numerous types of retail, wholesale, and service‑oriented businesses.; Key Village Shopping Center Location: Join established retailers like Kroger, McDonalds, Advance Auto Parts and Dairy Queen.
